Supporting Fleet Growth with a High-Spec Volvo Tractor Unit
Client: UK Haulage Operator
Asset: New High Specification Volvo Tractor Unit
Funding Partner: Major UK High Street Bank
Term: 6 Years
At Forest Road Finance, we work closely with businesses to ensure they have the right equipment in place to support growth.
A long-standing haulage client approached us looking to expand their fleet by adding a new Volvo tractor unit to support a new driver joining the business.
The vehicle was a brand new, high specification unit on a new registration plate, ensuring reliability, efficiency and comfort for long-distance work.
We worked with a major UK high street bank to structure a funding solution that worked for the customer’s cashflow and operational needs.
The Funding Structure
To make the investment as manageable as possible for the business, we arranged:
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15% deposit
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3-month VAT deferral
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6-year finance term
This structure allowed the business to take delivery of the vehicle immediately while preserving working capital during a period of expansion.
The Outcome
The new tractor unit has allowed the client to:
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Bring an additional driver into the business
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Increase capacity and revenue opportunities
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Continue growing their fleet with confidence
At Forest Road Finance we understand that vehicles are the backbone of many UK businesses, and we work with a wide panel of lenders to create finance solutions that support long-term growth.
If your business is looking to fund vehicles, plant, machinery or equipment, our team would be happy to help.
