Enquire About Our Bespoke Finance Solutions
We can arrange specialist finance for a range of construction equipment. Whether its tunnel boring, telehandlers or a construction hoist, our team can help.
Construction equipment covers a large range of assets, allowing construction businesses to operate more efficiently and perform jobs to a higher standard.
However, the asset being financed will depend on the type of business that you are.
We can arrange specialist finance for a range of construction equipment. Whether its tunnel boring, telehandler or a construction hoist, our team can help.
Construction equipment finance allows your business to use and acquire vital assets for your business operations, whilst also sustaining and protecting necessary business capital and cash flow.
Two financing options that can support your business are hire purchase and financing leasing. If you already possess valuable assets on your balance sheet, refinancing those assets to fund new equipment can be a great alternative.
Our construction team is available to help with any construction asset needs your business currently has.
Hire purchase: Hire purchase begins by making a deposit, followed by fixed monthly payments throughout the term, with terms typically lasting for up to five years. At the end of the agreement, your business will own the asset outright.
Finance leasing: A finance lease can be an ideal choice if your business doesn't require ownership. Instead of buying the equipment, you would enter an agreement to rent it from the lender. Throughout the lease term, you make regular fixed payments. At the end of the lease, you’ll return the asset or, in some cases, have the option to extend the lease term.
Asset refinancing: Using the equity in an existing asset is an effective way to finance construction equipment for your business. In this arrangement, the asset is sold to a specialist lender, and your business then rents it back under fixed terms.
When financing construction equipment, an initial deposit is placed, and the rest of the cost is paid over monthly payments over the agreed term length. Throughout the length of the agreement, you are not the owner of the equipment, however the asset can be used in business operations. With financing, you have the options to select how long you want to finance the asset over and the deposit amount to be put down.
Construction equipment presents a significant cost when looking to purchase an asset outright. With construction equipment finance, you can acquire the same asset, whilst making the financing more manageable and suited to your business’ circumstances.
Thanks to the flexibility financing offers, as well as the predictability of the repayment, you can plan and budget for the asset easily, making cash management a simpler process.
MAF Finance Group work with many banks and financial institutions so our clients can receive financial solutions tailored to their needs.
If you are looking to get a quote or require further information, fill out the form below and we will contact you shortly. If you would prefer to speak to us directly, you can call us on 0115 958 6872 and a member of our team will be happy to speak to you. Alternatively, email us at [email protected].
Asset Finance
Asset finance allows you to purchase an asset for your business by spreading the cost over monthly repayments meaning you won’t need to use your working capital.
Asset Refinance
Asset refinancing is a way of raising capital against assets you hold on your balance sheet.
Finance Lease
A finance lease is simply renting the asset over an agreed period of time and you usually remain responsible for the maintenance.
Hire Purchase
Hire purchase allows your business to buy an asset by spreading the cost over a fixed period of time with regular monthly instalments.
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