Finance package for haulier

Bank supports new HQ for JHP Transport

Derek Weir and Jim Prentice
Derek Weir and Jim Prentice

Lanark haulage and logistics firm, JHP Transport, has created a new headquarters and distribution centre on a farm complex off the M74 with the help of £300,000 package of bank support.  

The company will use extra space on the 5,000 sq ft site to park more and bigger vehicles as well as diversify into the delivery of plant and agricultural machinery. 

JHP has also invested in four new vehicles to support the business’s expansion, funded by a £120,000 asset finance facility from Bank of Scotland.

James Prentice, founder and director, said: “This move is going to take our business to the next level. It means we can readily take on new business opportunities and gives us the space to continue diversifying the products we ship across the UK.

“Before the move a lot of vehicles had to be stored offsite in truck stops and in other rented locations around Scotland. It’s been great to have everyone under one roof and to give all our drivers a safe and comfortable working environment to look forward to after a long trip.”

Derek Weir, relationship manager at Bank of Scotland, added: “Supporting JHP Transport’s journey from a single vehicle contractor to one of the most exciting operators in the sector has been brilliant.”

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