Case study: Construction equipment financing and fleet management
If you’re going to need specialist machinery for a construction project, it’s likely to be costly. We provided our client with an asset finance solution to suit their specific business requirements.
Challenges
- Our construction client had received a tender for a new project and required financing for construction equipment, as well as vehicle financing for yellow works
- Some of the equipment was only needed for the duration of the project and the client wanted to hire rather than buy
Solutions
- Our Vehicle and Asset Finance specialists provided the client with Financing for the required vehicles and specialist construction equipment through an Instalment Sale Agreement
- Operating rentals were provided to enable our client to access equipment for a limited time
- We also provided Fleet Management solutions to assist with the tracking and maintenance of our client’s assets