Local transport operator extends its fleet

Local transport operator extends its fleet

October success story

This month, we are excited to share details of a successful financing solution for a local transportation operator, helping them expand their fleet with three new coaches.

The need: Funding for fleet expansion

Our client, a regional coach operator, required £780,000 to acquire three new coaches to accommodate increasing demand and enhance service reliability. For a purchase of this scale, they needed a flexible financing option that could align with their operational cash flow and VAT requirements.

The solution: Custom financing with cash flow support

Understanding the financial challenges in the transportation sector, we structured a tailored funding package. We secured the £780,000 required, with the option for an adaptive payment schedule that supports the client’s cash flow patterns. Additionally, VAT referrals were integrated to reduce cash flow strain, allowing the business to focus on delivering quality service to its customers.

Why NGI Finance?

At NGI Finance, we specialise in flexible, industry-focused funding solutions. From supporting businesses with essential asset acquisition to providing VAT management options and custom payment plans, we are committed to aligning our financing solutions with the operational needs and financial goals of our clients.

By sharing this success story, we hope to inspire other transportation businesses to consider innovative financing options tailored to their needs, enabling them to invest confidently in their growth and success.

For any questions or assistance, please call us on 01993 706403 or e-mail enquiries@ngifinance.co.uk.

750 400 Lorna Slee

Leave a Reply

Start Typing