Welcome to Funding Pool, provider of haulage loans and financing options for trucking companies across the UK.
As a haulier, you know that running a successful trucking business requires substantial investment in vehicles, equipment, and facilities.
At Funding Pool, we understand the unique funding needs of hauliers and offer customised financing solutions to help you achieve your business goals.
Why do hauliers need loans?
Haulage companies often require loans to finance their business operations, including purchasing new trucks, trailers, and equipment or upgrading their facilities. Loans can also help hauliers manage their cash flow during periods of low demand or to bridge gaps in funding.
Moreover, loans can enable hauliers to expand their services, such as adding new delivery routes or hiring additional drivers.
What can hauliers do with the funds?
With a haulage loan from Funding Pool, you can invest in various areas to improve your operations and grow your business:
- Acquiring new equipment and vehicles
From trucks and trailers to telematics systems and safety gear, investing in new equipment can boost the efficiency and safety of your haulage operations.
- Upgrading facilities and infrastructure
Upgrading your facilities, such as maintenance workshops or warehouse space, can help you streamline your operations and attract new clients.
- Hiring additional staff
With more drivers and support staff, you can expand your services and take on more work, allowing you to grow your business.
- Offering new services or routes
Investing in new services or routes, such as international freight or same-day delivery, can help you differentiate yourself from competitors and attract new clients.
How can Funding Pool help?
We have extensive experience providing business loans and funding to hauliers. We offer flexible repayment terms and competitive interest rates, and our loan application process is quick and easy.
Our team of funding experts can work with you to understand your unique needs and provide a loan package that meets your business goals.
Contact us today to learn more about how we can help your haulage company expand and succeed. With our financing solutions, you can enhance your operations, grow your business, and provide your customers with exceptional service.
How does the application process work?
To start your loan application, just complete our online form. We’ll ask for some basic information about your business, including financial performance and credit history. From there, we’ll show you offers from lenders who offer loans that are appropriate for your needs.
What are the eligibility criteria for loans?
Typically, the eligibility criteria for loans may vary based on the specific lender and loan type. Generally, lenders prefer businesses with a strong credit history, positive cash flow, and a well-defined business plan.
In addition, you may need to provide supporting documentation such as financial statements to complete your application. Don’t worry though, we’ll help you understand the specific requirements of each lender and ensure you have the necessary documents to apply.
What are the interest rates and repayment terms?
Our loans come with a variety of repayment options to help your business stay on track. Depending on the lender and loan type, you may have terms ranging from a few months to several years. Interest rates may vary, but our range of lenders ensures you have options for finding competitive rates and flexible repayment terms.
How quickly can I get access to funds?
We can offer quick access to funds, often with same-day or next-day funding, however the time it takes to receive funds varies depending on the lender and the type of loan you require. We make it easy to compare loan options and apply, so you can get the funding you need quickly and easily.
Ready to apply?
Simply complete our online form at the top of this page.
If you have any questions, our team is here to help. Contact us by phone, email, or What’s App live chat to learn more about how we can help your business grow.
