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Can I use the financing for covering toll-related fines and penalties?

No, Toll Finance is generally not meant to cover toll-related fines or penalties. Most financial institutions restrict the use of toll finance to legitimate toll expenses incurred during business operations. Here’s why:

  • Loan Purpose: The primary purpose of toll finance is to support businesses in managing regular toll payments and operational costs, not penalties incurred due to violations or delayed toll payments.
  • Penalties Exclusion: Fines and penalties, such as late payment fees for missed toll payments or traffic violations, are usually excluded from loan coverage.

If your business has accumulated toll-related fines or penalties, these will need to be paid separately. It’s advisable to keep up with toll payments to avoid fines, as they can negatively affect your business's financial health.