Unsecured Business Loans for Transport Companies

Transport runs on a punishing cash cycle. Fuel and wages go out this week; the contract payment lands six weeks later. An unsecured business loan bridges that gap without asking you to pledge a truck or a yard as security.

The lenders we place transport businesses with underwrite on the trading account, not the asset register. Turnover, time in business, and clean bank statements carry the decision, not whether you hold freehold premises. For a haulier or logistics operator with two or more years of accounts and steady revenue, £5k to £200k is realistic on an unsecured basis.

Where this product earns its place: operator licence upgrades, including the financial standing requirement under the Goods Vehicle Operator Licensing rules, CPC training for new drivers, transport management software, and covering the mobilisation period when a new contract starts before its first invoice clears. For the vehicles themselves, asset finance is almost always cheaper, because the lender holds the truck as security and prices accordingly. Unsecured is the right tool for everything the asset finance lender will not touch.

On rates: no broker can promise what you will be offered, because lenders price each application on its own risk profile. What we do is take your deal to the lenders that understand transport cash cycles and are most likely to say yes at a sensible rate, rather than leaving you with a high-street bank that treats haulage like any other trade.