Finance for Start-Up Transport & Logistics Businesses
Getting products and people from A to B can be complicated. With unexpected tolls, U-turns, and diversions, transport and logistics managers must be prepared for every eventuality.
Often, the funding required to launch such businesses puts the brakes on before you’ve even got your journey started. Rather than putting strain on budgets and cash flow, taking advantage of a tailored transport finance solution can help drive businesses forward with financial stability.
From couriers to specialist refrigerated transport, and vehicle movers to removals & storage, there are financial solutions for everyone looking to start out in the transport and logistics industry.
Origin provides asset finance for new and used vehicles of all shapes and sizes, for materials handling machinery, and even for full warehouse fit-outs. We also provide business loans to cover insurance costs, O-licence cash reserves, vehicle maintenance, and general working capital. We can assist with any requirement of £10,000 upwards.
Are high upfront costs stunting your start-up’s growth? Distributing payments over a period of time could help significantly – explore our funding options today.
Transport and logistics businesses can benefit from competitive finance products such as hire purchase, finance lease, business loans, and invoice finance. To help mitigate the never-ending price increases of vehicles, fuel, insurance, repairs, and maintenance, Origin can spread the cost over a period of up to seven years with fixed monthly repayments.
With access to a panel of over 120 lenders, many of whom only fund vehicles and materials handling machinery, Origin can match you with a lender whose terms and repayments suit your unique circumstances. Get in touch with us to get your business on the road to success.
With Origin you can fund any requirement above £10,000, and the equipment or vehicles can be new and used.
Can Origin cover the entire cost of transport & logistics business needs?
Yes! Origin provides a turnkey finance solution to cover all your requirements. If you’re purchasing new or used vehicles and equipment or having a full warehouse fit-out, we can also fund building works, delivery, and installation into one fixed monthly repayment. We can easily accommodate multiple suppliers and adhere to the payment terms you have agreed with them.
Can you get finance for transport & logistics start-ups?
Yes! We offer finance to transport and logistics businesses of all shapes and sizes. Whether you’re launching your first courier business, a refrigerated delivery service, or a vehicle moving company, we’ve got the panel of lenders to make this happen. Whether you know exactly what you need, or you’d prefer an initial chat as you work everything out, we’ll help as much as we can.
How do I know whether I’m eligible for transport & logistics finance?
If you’re unsure whether you’d be eligible for our finance solutions, try our eligibility checker. We just need some basic information from you, and you won’t have to enter any personal details. Alternatively, why not set up a discovery call with a member of the Origin team?
How do loans work for transport & logistics businesses?
The lender will release funds directly into your nominated business bank account. You can then use these funds within your business in any way you see fit, such as cash reserves for insurance costs, O-licence cash reserves, vehicle maintenance, and general working capital. You will then repay the lender in fixed monthly repayments over a period of up to seven years.
How does vehicle and equipment finance for transport & logistics businesses work?
At Origin we are happy to make payment to as many suppliers as needed, all chosen by you, whether they’re based in the UK or abroad. We will also mirror the payment terms you have agreed with your chosen suppliers (e.g. 50% deposit on order, 40% on delivery and 10% on installation). You will then repay the lender in fixed monthly repayments over a period of up to seven years.
What different finance solutions does Origin offer?
We offer a range of finance solutions to businesses of all shapes and sizes and in every sector: Government-backed lending schemes; asset and equipment finance, including finance lease and hire purchase; business loans; and refinance. We also provide expert guidance and insight into commercial finance and can support you with Government-backed funding options.
What type of finance is best for transport & logistics businesses?
Asset finance and business loans are generally the most utilised types of finance to support transport & logistics businesses looking to fund their new ventures. The right kind of finance will depend on your operational needs and budget. After an initial conversation with Origin, we can help determine the right type of finance for you.
Finance for Start-Ups
What start-up businesses can Origin help?
We've worked with start-up businesses of all shapes and sizes, across a wide range of sectors.
