As a transport and logistics provider, you operate in a constantly changing environment; whether this be new regulation and compliance requirements, implementation of new digital technologies or the need to drive efficiency within your business. The need to manage working capital while still having the flexibility to invest in the future success of your business is key.
Your money working for you
One area where capital is required is the need to have cash cover to comply with Vehicle Operators’ License regulation. What if there was a way that you could continue to satisfy your regulatory requirements, while maximising the returns on the cash you hold?
Placing the cash you hold on deposit gives you the ability to earn interest. With a range of options available from longer-term or instant access, our deposit solutions and dedicated relationship teams can help you to maximise the interest on your cash held for Operators’ License.
Our Supply Chain Finance proposition is an efficient way of improving working capital, using the relationships you have with your key suppliers. Paying your suppliers more quickly allows you to benefit from any discounts they offer for immediate payment. It also reduces your risk and administration costs.