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Q: How much can a £1m haulage business loan be?

Secured haulage term lending typically starts from around £100,000 and can extend up to £3,000,000 depending on the collateral and affordability. Vehicle-secured cases commonly range from £150,000 to £1,500,000, while property or equipment-secured borrowing is often between £250,000 and £3,000,000. The lender will assess security value, existing debts or charges, and how sustainable cash flow is after commitments.

Q: How long do decisions take for secured haulage loans?

Initial decisions for secured term loan applications are often 1 to 4 weeks after full information is provided. Property-secured cases may take longer, usually 2 to 6 weeks, because of legal steps like property searches and charge registration. Funds availability typically follows offer acceptance and legal or security completion, often taking 2 to 8 weeks from initial submission depending on valuations and charge processing.

Q: What are typical interest rate ranges for £1m haulage loans?

For secured SME term loans, a broad UK context is around 7% to 18% APR, though exact pricing depends on risk and the security being offered. Vehicle-secured loans are often discussed around 8% to 18% APR, while property or equipment-secured lending may be around 7% to 15% APR. Working-capital top-up secured facilities are often quoted around 9% to 17% APR. Fees may include arrangement or legal and valuation costs.

Q: Which haulage loan type uses vehicles, property or working capital?

Common secured options include vehicle-secured term loans, where lenders take security over one or more vehicles such as HGVs or vans. Property or equipment-secured term loans use commercial property and or major equipment as collateral, often suited to depot or warehouse investment. Working capital top-up (secured) term loans provide a structured cash boost to manage timing gaps, with security over vehicles, equipment or a portfolio of assets, and sometimes a defined working-capital use of proceeds such as refinancing short-term debt.

A £1m haulage business loan is typically a secured business term loan designed for road freight operators. It provides a lump sum to fund business needs and is repaid in fixed monthly instalments over an agreed term. Many lenders take security against vehicles, plant, equipment, or property, which can support access to larger ticket borrowing, including around £1m. For haulage businesses, this can be a practical way to plan major fleet or infrastructure decisions, reduce reliance on shorter-term credit, and keep repayments structured as trading and operating costs evolve.

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Why a secured term loan suits haulage

A £1m secured business term loan can align funding to multi-year asset and capacity needs, with repayment terms that help you budget around fuel, maintenance and wages. Pricing and timing depend on risk and security quality, with many applicants seeing an initial decision within 1 to 4 weeks. Below are the advantages most relevant to haulage operators and logistics businesses, including secured business loans for this sector.

Predictable monthly repayments

Security-backed potential for £1m

Cleaner debt structure

SCALE YOUR BUSINESS TO NEW HEIGHTS

Common £1m haulage loan types

Vehicle-secured term loan

Usually aimed at established haulage businesses using vehicles like HGVs or vans as security. It can suit fleet replacement, purchasing or refinancing vehicles and trailers, and uses terms commonly spanning 24 to 84 months.

Vehicle-secured term loan

A vehicle-secured term loan gives a lump sum supported by legal charges or hire-purchase-style documentation over one or more vehicles and associated assets. Lenders typically look for trading history, evidence of cash flow and a satisfactory credit profile, then assess whether the secured asset value and affordability can sustain repayments. Typical amounts are £150,000 to £1,500,000, and decision time is often 1 to 4 weeks after full information is provided. Use cases include buying or refinancing HGVs, trailers or vans and covering certain vehicle-related setup costs where permitted.

Property or equipment-secured term loan

Designed for businesses with stronger balance-sheet support, using a depot, warehouse or major equipment as security, often with longer terms such as 36 to 120 months.

Property or equipment-secured term loan

A property or equipment-secured term loan is commonly used when the collateral includes commercial property and or significant equipment. Compared with vehicle-only cases, lenders may apply more scrutiny to existing charges, asset ownership and valuation evidence. Typical amounts are £250,000 to £3,000,000, with terms often 36 to 120 months. Interest is frequently in the broad 7% to 15% APR range for secured SME facilities depending on how risk is priced. Decision time is usually 2 to 6 weeks, because legal and charge registration steps, including property searches, can extend timelines. For an overview of secured lending, see Secured Business Loans.

Working capital top-up (secured) term loan

Provides a structured cash boost with security, suited to haulage timing gaps and growth pressures where invoices lag upfront operating costs.

Working capital top-up (secured) term loan

A working capital top-up (secured) term loan is intended for bankable trading that needs a structured cash injection but still benefits from security. The facility may be secured over vehicles, equipment or a portfolio of assets, and some lenders prefer a defined portion used for working-capital purposes, such as refinancing short-term debt rather than purely discretionary spend. Typical amounts are £100,000 to £1,200,000 and terms often run 12 to 60 months. Decision time is often 1 to 3 weeks once information is complete, though more detailed cash flow modelling can take longer. This can help manage seasonal demand or support payroll and operating costs while receivables are collected. If you want to compare options, review working capital loans.

Typical Funding Journeys on Funding Agent

Submit your funding request

Our platform enriches your application using business data

Your request is matched to suitable lenders

Receive offers and proceed with the best option

How to get a £1m haulage loan via Funding Agent

Check your fit and target amount

Answer a few questions about the haulage business, the amount you need (around £1m), your repayment capacity, and the security you can offer. This helps identify the type of secured term loan that best matches your assets, trading profile and intended use of funds.

Prepare the documents and use of funds

Funding Agent helps you compile lender-ready paperwork, typically including the last 2 years financial statements or management accounts if newer, recent bank statements, evidence of trading or turnover, and details of the loan purpose. You also provide information on the assets proposed for security.

Apply to matched lenders

Funding Agent submits your application to lenders most likely to support your security and use case. After an offer is agreed, the lender completes underwriting and the legal or security steps before funds are released. Speed can depend on asset valuations, any existing charges and how complete the information is.