South Yorkshire-based haulage and logistics companies TSL Vanguard and Specialist Trailer Hire have obtained £3.75 million in funding to support business growth. The package includes a £2.75 million invoice finance facility from the Royal Bank of Scotland and a £1 million loan.
The funds will be used to acquire additional premises, increase storage capacity, and expand their fleet, which currently includes over 1,000 trailers. The companies also plan to bring specialist roles in-house, creating new positions in Leeds and Rotherham.
TSL Vanguard provides general haulage and warehousing services across the UK. Specialist Trailer Hire focuses on commercial vehicle management, maintenance, breakdown support, contract hire, and long-term rentals. Both businesses hold Fleet Operator Recognition Scheme accreditation, reflecting their compliance with sector safety and efficiency standards.
The firms have indicated that fleet upgrades will prioritise reduced emissions as part of their sustainability efforts.