Equipment We Can Fund
We can consider any construction equipment, including:
- Access platforms
- Demolition equipment
- Diggers and mini-diggers
- Site plant
We’ve been established since 2000 and in that time have built strong relationships with the leading business funding lenders across the market. We’re highly experienced and pride ourselves on securing market-leading terms for our clients.
We can fund almost any equipment purchase and can even raise capital for your business by refinancing existing assets.
Funding can be arranged from as little as £10,000 and we have no maximum facility size. Our construction finance rates start from as little as 3% per annum.
The Advantages of Construction Finance
Purchasing your new equipment using asset finance can have a number of benefits for construction companies.
- Protect Your Working Capital: Instead of paying out a large lump sum to acquire new equipment, by using asset finance, you can keep your cash in the business.
- Flexible Payment Terms: It can be tailored to suit your business, with flexible payment terms and low monthly costs.
- Fixed Monthly Payments: Benefit from fixed monthly payments, so you always know exactly where you stand.
- Tax and VAT Benefits: Asset finance is a tax efficient way of purchasing new assets and some products will even offer VAT benefits.
- Protection From Depreciation: Protect yourself against depreciating assets by passing on the risk to your provider.
Does My Business Qualify?
We can offer funding for most UK businesses and are happy work with sole traders, partnerships, LLPs, limited companies and PLCs.
In order to qualify, the asset that you wish to purchase must be considered as suitable security for the funder. Each funder has their own definition of acceptable assets, so we will work on your behalf to find the right fit.
Finally, as with any finance application, affordability is key, and you will need to prove that you can afford the repayments.
What Is the Application Process?
We always aim to make the application process as simple as possible for our clients. Our application process runs as follows:-
You discuss your requirements over the phone with your dedicated business finance expert. They will take down details of what you’re looking for and will then find a suitable funding partner for you.
In total, the process usually takes around seven days.
What Information Will You Require?
In order to allow us to assess your application, we will usually require the following information:-
Can You Offer Other Types of Funding for The Construction Industry?
Yes. Asset finance is an excellent product for those looking to purchase new equipment for their business, but there are other strong options for those looking to raise capital. The main options are:-
To get started with your asset finance application, give us a call on 01922 620008 or enquire online. We will allocate you a dedicated asset finance expert, who will be happy to talk through your situation and secure the best possible funding for your circumstances.