Can I use the financing for road maintenance costs and repairs necessitated by toll road conditions?

No, Toll Finance is typically restricted to toll expenses and does not cover road maintenance costs or repairs. Here’s why:

• Loan Scope: The primary purpose of toll finance is to fund toll payments incurred by commercial vehicles while operating on toll roads, highways, and bridges. It doesn’t extend to vehicle maintenance or road repair costs.
• Separate Financing: Businesses needing funds for vehicle repairs, road maintenance, or fleet upkeep should explore other financing options, such as vehicle loans or working capital loans, which are better suited for covering these costs.

If your vehicles require repairs due to toll road conditions, it’s advisable to maintain separate funds or apply for different types of business loans to cover these expenses.