We have financed a PC 300 Komatsu Excavator for a Civil Works contractor that had recently been awarded a contract to prepare a site that was to be developed into a residential housing community. In addition to financing the Excavator itself, we also financed attachments such as additional buckets and laser levelling equipment – that will be permanently attached to the machine.
This particular client approached our firm, based on the fact that their Bank Manager had declined the deal – citing the fact he felt they were over committed and could not afford this particular machine. One of our Consultants specialising in Earthmoving Equipment Finance, spoke to the client over the phone and took down some details pertaining to the machine and the new contract. From there, our Analyst put together a strong submission and a comprehensive cashlfow projection and submitted the deal to our Credit Team. Credit came back with an answer within 24 hours and the client took delivery of the Komatsu Excavator 1 day later.
Our team of Finance Specialists have been involved in many, many Excavator Finance deals over time, which gives us the edge over many other Bank Managers or Lending Facilities. Not only have we had experience with Komatsu, but have also financed Caterpillar Excavators, Hitachi Excavators, Kobelco Excavators and Volvo Excavators. We can also add all types of earthmoving attachments into our finance deals, so that our clients do not need to dip into their own cash reserves to purchase such attachments.
Heavy Vehicle Finance has provided machinery loans for many operators in the Earthmoving, Mining and Construction Industries over the past few years. We are a considerable player in financing these Industries – Australia Wide. We are also heavily involved in the Transport Industry with respect to Truck Finance. All of the Industries we deal with are linked by one common denominator – Heavy Equipment.
Whether you are looking to get the ball rolling on finance straight away or just want someone to give you some genuine advice or to seek a second opinion, please do not hesitate to contact one of our Consultants on 1300 788 740 or you can apply online via links to our pre-approval page located across our web site.
