Time Finance supports haulage firm’s growth with Management Buy-In Funding

Facility Type: Multi-Product Facility

Region: East Midlands

Facility Value: £728,000

Introduction to the deal

Our client is a well-established refrigerated haulage business based in the Midlands. Founded in 2020, the company has built a strong reputation for providing reliable UK–Europe transport services for food products, pharmaceuticals, and other temperature-controlled goods.

When the founding director decided to step down from his role, it created an opportunity for the business to be acquired by two experienced transport and logistics professionals. Their goal was to bring the company into their growing group of transport businesses, ensuring continuity for customers and staff while creating a platform for future growth.

What We Did

Working alongside introducer Phil Coates at White Rose Finance Group, we provided a £728,000 multi-product facility made up of a £300,000 Invoice Finance facility and a £428,000 Asset Finance facility.

Our funding supported the incoming directors in a management buy-in (MBI), enabling them to acquire the business and maintain seamless operations during the transition. The Asset Finance facility refinanced a fleet of tractor units and refrigerated trailers, releasing capital to support the acquisition, while the Invoice Finance facility provided working capital secured against a strong sales ledger and loyal customer base.

Outcome of the Deal

Our support ensured a smooth transfer of ownership, allowing the business to continue trading without disruption. Existing employees have been retained, and the new management team is already implementing plans to expand operations.

With stable cash flow, modern assets and a loyal customer base, the business is well positioned for future growth. Thanks to our flexible funding package, the new owners can focus on strengthening customer relationships and driving long-term success in the refrigerated transport sector.