Portman have approved finance for many transportation companies in the UK. This broad sector comprises businesses such as haulage, logistics, skip hire, car rental, van rental, plant hire etc.

A recent customer needed equipment leasing to fund the acquisition of five new buses. Having successfully won a substantial new contract with their local authority, the customer had to move quickly to ensure they had adequate transport. Portman were able to quickly approve and process the leasing requirement ensuring the customer had their vehicles on time.

It is possible to lease all types of transportation equipment including:

1. Buses
2. Vans
3. Plant
4. Trailers
5. Cabs
6. Tractor Units
7. Forklift Trucks

Portman can arrange finance over longer five year periods for these equipment types and a typical deposit would be circa 10%. As a consequence of poor support from the high street banks, Portman has seen a notable increase in vehicle hire companies looking to finance new vehicles. Typically with existing funding lines exhausted, the customer must seek additional funding from new sources. Portman has excellent transportation experience and can work efficiently to approve any transportation equipment leasing requirement.