CV Show is way to go for cash strapped operators 25 April 2014

Ultimate Transport Finance says operators wanting better deals on new truck acquisitions should talk to the firm at the CV Show (29 April to 1 Many, NEC, Birmingham).

The company offers specialist funding that can release up to 95% from operators' ledger balance, using an invoice finance facility. This is above the current industry average of 80% and bridges the gap between an invoice being raised and its payment.

Ultimate Transport says this facility can create a cash reserve of some £7,700 of working capital for the first vehicle over 3.5 tonnes and a further £4,200 for each additional vehicle, demonstrating compliance with 'O' licence financial requirements.

It also allows vehicle operators to use its Ultimate fuel card for diesel payments, with a fixed price per litre for the week ahead and 21 days credit and no bond required.

Author
Brian Tinham

Related Companies
Ultimate Finance Ltd

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