Can I apply for Toll Finance if my business involves passenger transport, such as a taxi service?

Yes, businesses involved in passenger transport, such as taxi or cab services, can apply for Toll Finance. Here’s how it works:

• Commercial Vehicle Requirement: Your vehicles must be registered as commercial vehicles. This includes taxis, cabs, or any other passenger transport vehicles used for business purposes.
• Operational Cost Management: Toll finance helps businesses like taxi services manage toll expenses incurred during daily operations, making cash flow management easier.
• Flexible Terms: Depending on the financial institution, you may be able to customise the loan terms based on the size of your fleet and the frequency of toll payments.

Ensure that all vehicles are correctly registered for commercial use, as most financial institutions will require proof of commercial activity to approve the loan.