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Can I use the financing for repaying previous toll charges?

Yes, some financial institutions allow you to use Toll Finance to repay outstanding toll charges. This flexibility is beneficial for businesses that may have accumulated toll payments over time. However, the terms of the loan can vary:

  • Repaying Past Dues: Financial institutions may consolidate toll payments, allowing you to clear older toll charges with a structured repayment plan.
  • Future Toll Expenses: While some financial institutions focus on financing future tolls, others may cover both past and future toll payments.

It is advisable to check with your financial institution whether they cover previous toll expenses as part of the loan. Consolidating toll payments into a single loan can help businesses maintain smoother cash flow while managing both past dues and ongoing toll expenses.