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Financial Tips for Funding Your HGV Training – Scottish Business News

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Financial Tips for Funding Your HGV Training – Scottish Business News

Considering a change of career? 

Sick of the monotony of the 9-5 and seemingly endless days in the office? 

HGV driving is an exciting, changeable, and freeing job that gets you out on the open road and working on your own terms. 

But how can you fund your HGV training? 

4 ways to fund HGV training 

There are a few routes you can use to fund your HGV training, most of which can make it much easier or more economical on the wallet. 

1.      HGV training finance 

Only the largest HGV training providers in the UK offer HGV training finance – which can make paying for your training much more affordable. 

You’ll end up paying the full amount back, but as this amount is spread across a repayment period of your choice, you will only need to pay a deposit on the day. 

Such HGV training finance often comes with a low APR, depending on the finance provider, so it means that you won’t end up too much out of pocket in the long run by paying with credit.   

Making it an excellent and accessible way to pay! 

2.      Skills bootcamps

Recently, as a way to bring in more HGV drivers, the UK government have funded HGV skill bootcamps. 

These bootcamps are supplied by an official directory of providers and are often free – find this directory here.

It is important to note, however, that the vast majority of these bootcamps are now closed, so you will only have a limited number left to choose from and may need to travel to find your nearest centre. 

But, for a free access course with the chance of a job at the end, it’s still very much worth it! 

3.      Private funding 

If you have the capability to, you can pay for HGV training by paying in full. 

While this won’t be an option suitable for all, it can really benefit you, because you: 

  • Start your new career debt-free 
  • Can feel more motivated to pass first-time as you have paid the full amount already 
  • Won’t need to rely on having a good enough credit score 
  • Can start right away

For this reason, if you can, it is an excellent option to consider. 

4.      Ask an employer

In some cases, employers of HGV drivers can offer to fund HGV training on behalf of their employers. 

This can be as an onboarding sweetener or as part of a repayment deal – it just depends on the individual employer. 

To find out more, why not ring around some of the larger HGV employers near you? 

HGV driver training – it’s closer than you think! 

Thanks to the range of ways to pay, HGV training is more accessible than ever before. 

So, if you are ready to enjoy benefits such as:

  • Almost endless job opportunities
  • The ability to choose your own hours
  • Flexibility in the workplace – ideal for those who have family commitments 
  • Increased job enjoyment 
  • The chance to explore more of the UK, Europe, and beyond! 

Maybe HGV training is for you! 

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