Transport and Logistics

Finance Solutions for Transport & Logistics Businesses

 

Like a network of veins and arteries, more than 800,000km worth of roads criss-cross and stretch throughout the wide expanse of Australia. It's a fitting image, given that the freight transport industry that relies on this network is very much the lifeline of the Australian economy.

There are many unique challenges in the transport and logistics industry, among them, regulatory changes, weather events, economic conditions and diminishing margins. 

Whilst navigating these challenges, transport businesses need to also consider the costs associated with running an outdated fleet of trucks that lose money at the pump or have obsolete safety and efficiency features.

Upgrading or expanding your fleet or premises can be achieved with our finance solutions:

 

Equipment Finance

Improving equipment, fixtures and technology, can increase productivity and hence, profitability.  Equipment finance can assist with acquiring:

  • Materials handling equipment for improved efficiency and safety 
  • Transportation equipment including warehouse, distribution and company vehicles
  • Space effective warehouse and office fitout, including shelving and furniture
  • Clean energy systems such as solar PV, LED lighting and HVAC to reduce operating costs

 

Debtor Finance

Use the equity in your debtors ledger to access capital without incurring more debt. As you fulfill orders and invoice, access up to 85% of the money that is owed to you. Unlike invoice factoring facilities, Classic's Debtor Finance is confidential and you retain control over accounts receivable functions. 

Your facility is accessible through an online platform 24/7, and with unlimited uploads and drawdowns, you have ultimate flexibility and control over your available funds. For additional access to capital, consider our unique Integrated Finance facility, which seamlessly combines Debtor Finance with Equipment Finance.

 

Clean Energy Finance

Reduce operating costs with energy efficient solutions such as Solar PV panels, LED lighting or efficient HRVAC systems without upfront capital expenditure.

Terms up to 7 years available with no deposit and no financials up to $75K for eligible applicants.

 

A flexible finance solution from Classic Funding Group enables your business to constantly update, at minimum cost, the equipment and technology needed to stay competitive and improve profitability.

 

Get in touch now