Aldermore supports haulage sector with new initiative

Aldermore has unveiled a new funding package to help commercial transport companies across the UK ease both their cashflow and fuel costs.

The facility combines an invoice finance facility with a fuel card, so firms can release cash tied-up in unpaid invoices and will also receive up to 14 days free credit on all their fuel purchases.

The fuel card can be used in over 1900 refuelling stations across the country and haulage operators have the potential to save up to 3p per litre on diesel over a 12-month period.

Darren Cottenden, head of road haulage funding for Aldermore Invoice Finance, said: “The UK transport industry