Agricultural Forward Purchase
When you’re running a business, cost and time-effectiveness are often at the forefront of your mind. We understand that agricultural businesses rely on fuel to keep things running and that the constant change in fuel prices can be frustrating, especially when projecting future costs. With forward purchase, you can avoid fluctuating fuel prices by securing your fuel requirements at today’s price and then paying for it when it suits your business’s cash flow. This a method many businesses use to buy bulk fuel at a price that works for them.
Why Do Fuel Prices Fluctuate?
There are a number of causes behind fuel fluctuations due to the complex nature of oil as a commodity. Some of the key factors that influence the price of oil include:
- Political unrest and natural disasters in the Middle East, disrupting supply & affecting the wholesale cost
- The exchange rate
- Tax rates
Fuel prices are notoriously volatile, but when you buy bulk fuel quantities in advance, you can eliminate any price risk and secure it at a fixed amount - which can, in turn, help to maximise your profits.
How to Buy Bulk Fuel with Forward Purchase
Securing fuel with forward purchase is quite simple! You acquire an amount of fuel over an agreed period at a fixed price, and you can then draw from that supply as and when you like.
Payment plans are built to suit your individual needs. If you want to secure the best possible price, you may want to pay upfront. However, if managing cash flow is more important, we can arrange a payment schedule to coincide with your revenue streams.
Forward purchase starts from 5,000 litres or more with various delivery options available. Please speak to your local depot to find out more about the specific options in your area.
Talk to your local depot on
0800 542 4207
Dedicated account management
Improve cash flow
Bespoke payment terms
Buy back scheme
More than just a fuel supplier...
No two businesses are the same. We can tailor a package that meets the individual needs of your business. Think of it as a blank piece of paper, what the package looks like is entirely up to you. Your business, your forward purchase plan.