Praxis leveling the playing field by financing truckers in the heart of Europe
Advanced Global Capital provides innovative financing in Czechia

Working in various parts of the world with differing business conditions, the organizations’ investments deliver tailored financing to local partners and flexible working capital to SMEs so they can grow and continue to positively impact the local economies around them.
Impact Story: Nord Speed – Czechia
Despite nearby military conflict and challenging economic times, Jaroslav, one of AGC’s Czechia-based partners, has continued to make an impact in the supply chain and logistics industries by financing individual truck drivers. Their client, Nord Speed, headquartered in Jablonec nad Nisou, Czechia, is a two-person trucking company located in the north of Czechia near the Polish and German borders serving clients in Italy, Slovakia, Spain, and Poland. The company specializes in transporting goods for the automotive industry and recently won a long-term contract with Volkswagen. Nord Speed is owned by Ladislav Hanuliak who is responsible for mechanical and technical affairs, and Blanka Voplakalová who handles everything else.
Today the business has around 100 clients and can access invoice discounting, legal advice, credit insurance and more through AGC's partner. The business owners are also paying it forward by helping young truck drivers establish their own trucking companies and find new clients.
The Praxis commitment
Praxis Investment Management supports organizations such as Advance Global Capital through investments in Calvert Impact, an impact-investing institution that helps people around the world through community development financing. It’s part of the Praxis commitment to place approximately 1% of each of its funds to benefit neighborhoods and individuals through community development investments.