How Principal Business Finance Saved a Logistics Company Thousands in Interest by Beating the High Street Bank

In today’s economic climate, securing business finance at the best possible rate can make a huge difference to your bottom line. Many businesses instinctively turn to their high street bank for funding, assuming it’s their best or only option. But as one logistics company recently discovered, working with a finance broker like Principal Business Finance Ltd can result in significant savings and a much better overall funding experience.

The Challenge: 11% APR from a High Street Bank

A growing UK-based logistics company approached their high street bank to finance a fleet of new vans, aiming to meet the rising demand for delivery and courier services. The bank offered them a finance package at an APR of 11%, a rate that would have added tens of thousands of pounds in interest costs over the loan term.

Although the company had a solid credit history and a proven business model, they were offered a standardised product with limited flexibility—typical of many mainstream banks.

The Solution: A Better Rate Through Expert Brokerage

Frustrated by the lack of options and high cost, the business contacted Principal Business Finance Ltd for a second opinion. After a quick and straightforward consultation, we reviewed their financials, sector activity, and funding needs. Using our extensive network of business finance lenders, we sourced multiple quotes from alternative providers.

Within 48 hours, we secured a finance offer at just 7.5% APR, a highly competitive rate for commercial vehicle finance in the logistics industry.

This wasn’t just about the interest rate. We also negotiated:

• Flexible repayment terms
• No early repayment penalties
• Fast-track approval to meet their tight deadlines

The Result: Thousands Saved + Better Terms

By switching from their high street lender to one of our trusted finance partners, the logistics company saved thousands of pounds in interest payments. Over the course of their 4-year loan term, this translated into:

• Lower monthly payments
• Greater cash flow control
• Increased confidence in reinvesting for growth

These savings allowed them to allocate funds toward hiring new drivers, expanding their depot, and investing in fleet maintenance.

Why a Finance Broker Like Principal Business Finance Can Beat the Banks

High street banks often have strict criteria, longer decision-making times, and limited product ranges. Brokers like us offer a smarter alternative.

Here’s why working with Principal Business Finance Ltd can give you an edge:

✅ Access to a Wide Panel of Lenders – We search across our network of business loan providers, ensuring the best rates for vehicle finance, equipment loans, or asset finance.

✅ Market Expertise – We understand current UK business finance trends and know how to position your application to maximise approval chances.

✅ Customised Solutions – We tailor finance packages to your specific sector and goals—whether you’re in logistics, construction, manufacturing, or services.

✅ Fast, Flexible, Five-Star Service – Our average turnaround time is significantly faster than traditional banks, and we’re proud of our five-star client reviews.

✅ Transparent Advice – No hidden fees, no jargon-just honest, strategic advice that puts your business first.

Logistics Finance That Works Hard for Your Business

In fast-moving industries like logistics, timing is everything. Whether you’re financing new vans, upgrading your fleet, or covering growth-related expenses, having the right funding partner makes all the difference.

Principal Business Finance Ltd specialises in:

• Logistics company finance
• Commercial vehicle finance UK
• Fleet upgrade loans
• Asset and equipment funding
• Business loans for expansion

We don’t just find funding—we unlock financial strategies that help businesses thrive.

Don’t Let High Rates Hold You Back

If your business is relying on high street banks alone, you could be missing out on better rates, faster approvals, and more flexible terms.

📞 Get in touch with Principal Business Finance today to compare your options and see how much you could save. Just one conversation could save your business thousands. Call us on 01604217998 or email info@principalbusinessfinance.co.uk.