Case Study: £135k of Trailer Finance for Manchester Haulier MJL Transport

MJL Transport, the Trafford Park-based haulier specialising in heavy haulage and plant and machinery moves, is growing fast. To keep up with rising demand from its customers, Boost Finance funded three trailers in two months, worth £135,215 plus VAT: a brand-new Nooteboom semi-low-loader and two used 2020 SDC vehicle transporter trailers. Every trailer was funded on hire purchase over 60 months at Tier 1 rates, with a 10% deposit and a VAT deferral.

At a glance

• Customer: MJL Transport Ltd, heavy haulage and plant and machinery moves, Trafford Park, Manchester
• Trailers: 1 × brand-new 2026 Nooteboom OSDS-48-03V three-axle semi-low-loader; 2 × 2020 SDC vehicle transporter trailers
• Total value: £135,215 plus VAT across three separate deals
• Finance: Hire purchase over 60 months on every trailer
• Rates: Tier 1 lenders on all three deals
• Deposit: 10% deposit, with a VAT deferral on each deal
• Timescale: three deals completed over two months

About MJL Transport

MJL Transport is a Manchester haulier based in Trafford Park, one of the largest industrial estates in Europe. The business specialises in heavy haulage and plant and machinery moves, and its customer base has been growing quickly. More work meant it needed more trailer capacity, fast.

The challenge: more capacity without tying up cash

MJL needed three more trailers to keep up with demand, and they came from two very different places:

• A brand-new Nooteboom semi-low-loader, bought direct from the manufacturer, for heavy plant and machinery
• Two used 2020 SDC vehicle transporter trailers, bought from another haulage business rather than a franchised dealer

Buying three trailers outright would have tied up cash the business needed to run and grow. And not every lender is comfortable funding used trailers bought from another operator rather than a dealer.

How Boost structured the trailer finance

We arranged each trailer as a separate deal as it became available, completing all three within two months:

• 2020 SDC vehicle transporter trailer: £36,500 plus VAT, bought from another haulage business
• A second, identical 2020 SDC vehicle transporter trailer: £36,000 plus VAT, from the same seller
• New 2026 Nooteboom OSDS-48-03V three-axle semi-low-loader: £62,715 plus VAT, direct from Nooteboom

Every deal was placed with a Tier 1 lender on hire purchase over 60 months, with a 10% deposit and a VAT deferral, so MJL could reclaim the VAT before paying it. For the used trailers, we went to lenders comfortable with sales between operators, with the right checks on the trailers and the seller.

The result: a more efficient fleet, ready for growth

• More capacity, quickly: three trailers on the road within two months
• Cash protected: 10% deposits and VAT deferral kept working capital in the business
• A more efficient fleet: the new trailers have greatly improved the efficiency of MJL’s operation, helping it meet rising demand from a growing customer base
• Ownership: on hire purchase, each trailer is MJL’s once the final payment is made

Need trailer or truck finance in Manchester?

Boost Finance arranges trailer finance and HGV and truck finance in Manchester for hauliers of every size, new or used, from dealers, manufacturers and other operators. See our asset finance in Manchester, or read how we funded four new Volvo FH 500s for SK Distribution and UKAP’s Volvo FMX grab lorry and tippers.

Get in touch for a no-obligation quote.

Finance is subject to status. Deposits, rates and terms were specific to this customer and depend on your circumstances and the lender.