Need a smooth road for growth?
Logistics companies seeking business finance are increasingly moving away from traditional overdrafts and business loans and instead benefiting from the flexibility provided by invoice finance facilities such as factoring and invoice discounting.
Firms operating in logistics, whether they are smaller courier firms or multinational hauliers, are facing similar challenges posed by a highly competitive trading environment.
At the same time, fluctuating inflationary pressures on fuel prices and wage costs are placing increasing and unpredictable strains on balance sheets.
Consequently, if logistics firms are to make the most of any growth opportunities, it’s crucial that they have access to funding which ensures cash flow stability and provides access the investment capital required to gain a competitive advantage.
Invoice finance, which includes factoring, invoice discounting and hire purchase, is an increasingly popular solution to releasing the capital needed to support day to day operations and undertake expansion programmes.
Lloyds TSB Commercial Finance’s funding facilities are a perfect solution to ensuring quick access to the capital needed to seize new opportunities to grow.
Contact us to find out more about how Lloyds TSB Commercial Finance’s funding solutions could assist your logistics business.
(Alternatively to find out how much you can raise by using our factoring and invoice discounting services, use our quote engine.)
The provision of credit or leasing services by us is subject to your meeting our Credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.