Emis Logistics is a light haulage business based in Wigan, and they approached Crispcap to get some funding and ease pressure on their cash flow. The business was struggling with long contractor pay terms.

The delay in payment was affecting their entire operation. From staff payments to fleet vehicle repairs.

Crispcap arranged Emis Logistics a £10,000 unsecured business loan over 12 months to assist with essential day-to-day expenses. Since getting funded, they’ve been able to scale their growth more than ever before.

Here is their funding journey.

How Did Emis Logistics Start?

Emis Logistics was founded by Emil Sandu in 2021. After building the foundations for the business as a self-employed contractor, it wasn’t long before it became a multifaceted limited company with clients all over the UK.

Despite rising fuel costs and growing driver wages, Emil built a profitable logistics firm that continues be reliable and economical for his clients. His firm is utilised by businesses across the country and he goes above and beyond to maintain these valuable partnerships.

But even amongst successful SMEs like Emil’s, the logistics industry raises consistent cash flow challenges.

What Challenges Did They Face Before Getting a Business Loan?

Long contractor payment terms are a renowned struggle within the logistics sector. Many contractors have moved to 30 to 90-day payment terms, with some extending payments to 120+ days.

For SMEs like Emis Logistics, this can put a destructive strain on cash flow. It can be difficult to fund deliveries, staff wages, and compliance requirements when your profits are tied up in unpaid invoices.

What’s more, Emil told Crispcap that vehicle repairs and maintenance costs were quickly mounting up. It became a struggle to keep his operation moving without the finance to support it.

How Has a Business Loan Helped Them?

After getting a £10,000 business loan from Crispcap, Emil told us that the pressure on his cash flow was instantly relieved.

It created a financial buffer to keep Emis Logistics moving forward while his clients processed his invoices.

More drivers could be hired, orders could be prepared, and the efficiency of his operation grew tenfold.

Additionally, Emil could pay for preventative measures on his fleet vehicles to ensure their reliability. Short-term repairs were replaced with high-quality maintenance, even though it was more expensive upfront.

Emis Logistics are free to plan their projects more effectively and, in turn, increase their client base.

What’s Next for Emis Logistics?

Emis Logistics have increased their workload with the support of a business loan and they want to scale that growth.

Emil is planning more strategies to widen the reach of the business, whether that means more vehicles, drivers, or depots across the country.

The reassurance of steady cash flow has given him the confidence to plan Emis Logistics’ growth. Running costs are now easier to predict and allowed him to accept more contracts.

How To Get a Business Loan

You can apply for a business loan in 30 seconds here. Your application won’t affect your credit score and Crispcap can fund businesses in as little as 4 hours.