ANOTHER RECORD BREAKING MONTH
8 October 2024
September saw Kingsley Asset Finance breaking our own records, with our biggest month of new business funded EVER!
Kingsley Asset Finance has helped fund a wide variety of haulage firms. This includes general, heavy duty, container, cold storage, livestock, hazardous, parcel delivery and fragile loads, as well as specialist types such as abnormal loads, crane and vehicle transport.
Our credit experts understand this industry and the businesses they partner with such as oil and gas, food distribution, postal, hospitality and events, laundry, retail, pharmaceutical, aerospace and renewable energy. They have a great knowledge of the vehicles they require such as articulated and rigid lorries, and a wide variety of trailers and containers.
What we fund
Over the years we have successfully funded a wide variety of both new and second-hand vehicles for many industry-specific hauliers - Including small and bigger 2 axle lorries and multi axle lorries, refrigeration and multi car transporters.
Kingsley Asset Finance also offer a refinance/capital release package for haulage and logistic companies. By using the company's existing unencumbered vehicles as security, cash can be released back into the business cashflow to assist with the training of new drivers, tax duty, fuel and energy costs, clear air and low emissions charges, parts and maintenance.
With enough equity in existing assets, live finance agreements on haulage company vehicles with other lenders can also be consolidated, reducing the monthly repayments and aiding cash flow - with the added potential of releasing further capital.
We have a range of finance products to suit haulage and logistic companies’ requirements, with minimum deposits and up to 60-month repayment options - all at competitive rates.
Our processes
Our manual underwriting process is simple and straightforward with credit decisions given typically within a 24-hour period. Refinance deals may take longer due to additional due diligence being required such as valuations. You will be kept well informed of the progress, however, and our underwriters are happy to discuss directly with you.
We use electronic signatures and BACS payments to ensure quick payment to your suppliers and into your bank account.
