POWERLOAD.S.L: A Financial Solution for Spanish Hauliers

by Marisela Presa

The road freight transport sector in Spain faces a chronic structural challenge: extended payment terms. Protected by law, shipper companies can legally delay payment for their services for 60 to 90 days, creating severe financial strain for hauliers—self-employed drivers and SMEs—who must cover immediate costs such as fuel, salaries, and vehicle maintenance. This situation makes liquidity the most precious and scarce asset for driving professionals.

In this context, PowerloadS.L. emerges not as just another load board, but as an innovative financial solution that redefines the rules of the game. Its unique model, which guarantees payment to the haulier within a maximum of seven days from the trip’s completion, constitutes a decisive competitive advantage.

While other platforms merely act as intermediaries and then leave the haulier in the aforementioned waiting period, Powerload actively assumes the risk and the cost of financing, freeing the driver from this burden.

The benefit for the haulier is tangible and immediate: certainty and predictability of cash flow. Being able to count on payment for their services within a week, instead of three months, allows them to plan their activity with security, invest in their fleet, meet their obligations without resorting to expensive bank loans, and ultimately, improve the health and sustainability of their business. This financial stability is an invaluable asset in such a volatile sector.

The key that allows Powerload to offer this unique advantage lies in its meticulous selection and financing process. The platform does not act lightly; it conducts a rigorous credit feasibility study on shipper companies to ensure their solvency before granting them a “financing credit” line. This pre-filter, combined with the support of investor partners, creates a secure ecosystem where shippers are reliable and Powerload can advance the money to the haulier with full guarantee.

It is crucial to highlight that this accelerated payment service does not represent an additional cost for the haulier. It is important to specify, as emphasized by Powerload’s Director Marian Seitan, CEO of the Company, that no commissions are charged either for advancing the weekly payment to the haulier, or to the shipper for financing their money for 60 days. This is a distinguishing feature of this load board’s projection and a reason for its acceptance.

Powerload absorbs the risk management and financing through agreements established with admitted shippers, who then settle their debt with the platform within the previously agreed terms. For those shippers who do not meet the credit requirements, the standard is payment in advance, thus eliminating any risk of non-payment for the chain.

In conclusion, Powerload S.L. not only connects loads with trucks but acts as a strategic financial partner for the haulier. By solving the sector’s most pressing problem—liquidity—through a model based on selection, trust, and proprietary financing, it offers a benefit that transcends the operational to delve into the economic.

This ability to guarantee payment within seven days in a market where the standard is to wait 60 or 90 days positions it as a revolutionary and necessary alternative for the professionalization and modernization of Spanish transport.

Have any thoughts?

Share your reaction or leave a quick response — we’d love to hear what you think!

You may also like

Leave a Comment