ExF Nov-Dec

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FINANCIAL SERVICES

WWW.EXPORTANDFREIGHT.COM

ASSET FINANCE OPTIONS TO KEEP YOUR BUSINESS ON THE ROAD They say ‘Cash is King’ and certainly a healthy cash flow is vital to operational success, but the purchase of any asset can put a strain on business, so spreading the cost with Asset Finance along with structured repayments to free up much needed cash flow is certainly worth looking at. Today, as never before, the transport and logistics industry faces challenges on almost every front – from driver shortages, Covid-19 restrictions, supply chain issues to vehicle availability, an unstable economy, slim margins and an increase in fuel costs; these are all additional pressures that many companies in the industry have to confront and deal with. All businesses, of course, have different needs at different times, so when it comes to financing your next big purchase you need to source an asset finance provider that can come up with flexible and tailor made solutions. From straight forward hire purchase packages to finance or operating lease solutions, asset finance has become one of the fastest growing finance options for all sizes of businesses, so there are plenty of providers to chose from, but choose wisely. Over the next few pages, Export & Freight takes a look at what’s available to help you manage your cash flow and keep the wheels of your business on the road.

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