Simply supports large logistics company with £750k cash flow injection

We recently supported a large logistics company to raise £750,000 against a fleet of 20 tractor units with the aim to strengthen their cash position.

In partnership with one of our valued brokers, HP Finance & Leasing, the flexible finance solution was required following the acquisition of another haulage company.

Time was of the essence in this particular case, and the original proposal came through from the broker on a Friday, which was swiftly submitted, and approval was secured on the same day. Over the weekend, the Simply team worked diligently to ensure everything was in place and ready for Monday, allowing the process to move forward without delay.

The team took proactive steps to ensure a smooth execution of the deal. On the following Monday, a site visit was conducted to physically inspect the assets, whilst documents were being prepared and send out for e-signature. As a result, once all of the conditions had been met, the deal was paid out within just 2-3 hours and the customer had the cash injection they required.

This transaction required one of the most intense, fast-paced, and adaptable approaches the team had ever undertaken due to the time constraints.

This case example highlights Simply’s unwavering commitment to speed, flexibility, and customer-focused execution, ensuring our clients can access the right financial solutions without delay.

HP Finance & Leasing are an independent asset finance broker and a valued partner of Simply. 

Click here to read more Simply case studies.  

“

Michael Tyler, Broker Development Manager at Simply, said “This deal demonstrates Simply’s speed, flexibility, and ability to deliver under pressure. It reflects the exceptional teamwork and dedication that we always strive to provide.”