A LANARK-based haulage and logistics firm as acquired news premises to accommodate its expanding fleet, growing workforce after securing a £300,000 funding package from Bank of Scotland.

JHP Transport has relocated from Shotts to a 5,000 square foot farm complex in Sandilands, which has been turned into its new headquarters and distribution centre.

The move expands the company’s fleet capacity to 60 from 20 vehicles, in addition to accommodating the 10 recent driver hires it has recently made.

JHP currently has 32 trucks on its roster, which includes the recent addition of four new vehicles.

The acquisition of the tractor and three trailers was funded by a £120,000 asset finance deal from Bank of Scotland, with the vehicles to be used for subcontracting work with neighbouring farms and to increase the haulage capacity of the existing fleet.

JHP, which specialises in transporting refrigerates goods, noted that the new space allows it to hold larger vehicles and diversify into the delivery of plant and agricultural machinery.

The new distribution centre is also located near the M74 motorway, meaning it enjoys access to key road links for deliveries to locations south of the Border.

James Prentice, founder and director of JHP Transport, said: “This move is going to take our business to the next level. It means we can readily take on new business opportunities and gives us the space to continue diversifying the products we ship across the UK.

“Before the move a lot of vehicles had to be stored off site in truck stops and in other rented locations around Scotland. It’s been great to have everyone under one roof and to give all our drivers a safe and comfortable working environment to look forward to after a long trip.”

Derek Weir, relationship manager at Bank of Scotland, said: “Supporting JHP Transport’s journey from a single vehicle contractor to one of the most exciting operators in the sector has been brilliant.

“We’ve provided tailored funding to suit the business’s individual growth strategy, giving Jim and the team the opportunity to invest in essential equipment and facilities while protecting their day to day cashflow.”