Factoring for the Haulage and Transport Industry
Alliance Commercial Finance helps businesses within the haulage and transport industry maximise their cash flow, by providing invoice finance and factoring solutions. We understand that few industries face as many variables as the haulage and transport industry.
Factoring or Invoice Finance is a quick and effective way to release cash from unpaid invoices, fuel cards can be linked to facilities.
Access up to 95% of the gross value of each invoice.
Helps maintain a regular cash flow and enables you to meet fuels bills, drivers wages and other key operating expenses.
You can retain the credit control management and also have a confidential facility.
All facilities are operated online making the account run smoothly.
Alliance Commercial Finance specialise in the haulage and transport industry and we understand the challenges faced each day. Haulage and transport factoring can provide an effective solution to preserving a steady stream of working capital. This ensures that drivers can be paid, vehicles can be re-fuelled and the movement of goods throughout the UK and beyond can continue.
FACTORING FOR THE HAULAGE AND TRANSPORT INDUSTRY
Your business sells their invoices to the factoring company, who will provide up to 90% of the cash tied up in your outstanding invoices. This money can be made available instantly and will help provide your business with its required cash flow. If you choose a factoring facility you will find the factoring company will chase for payments, leaving you more time to concentrate on your business. However if you wish to retain the credit control and some degree of confidentiality then we can consider finding you a confidential invoice discounting facility.
We know that regardless of turnover the priority for businesses in the haulage and transport industry is to keep moving. Operating a profitable business is becoming increasingly difficult as a result of volatile fuel costs, variations in exchange rates and an economy struggling to better its import and export ratio. In such a challenging climate, cash flow is important and this is where haulage and transport factoring can help.