Invoice Finance for Hauliers & Couriers
The UK logistics industry is crucial to the UK economy, being worth more than £85 billion and employing over 2 million people. It is predicted that there will continue to be increasing demand for effective and integrated freight solutions throughout 2020 and beyond.
Despite this positive outlook, many businesses in this sector face major cashflow problems with the price of fuel now reaching record levels and customers taking longer and longer to pay.
Add to this, driver wages, HP commitments and vehicle repair bills and it can all result in poor cashflow and periods of worry for both hauliers and couriers alike.