News – Page 7 – Heavy Vehicle Finance

$100M TO BE SPENT ON INFRASTRUCTURE PROJECTS IN QLD

Infrastructure NewsBy admin March 6, 2014

The Minister for Queensland Development, Infrastructure and Planning (Jeff Seeney) has announced that round two of Royalties for the Regions Program has been approved by the state government, with approx $100 million to be spent on infrastructure projects throughout regional areas of the state. Seeney says that the approval of this funding demonstrates the Neman…

UNSEALED ROADS DESTROYING TRUCKS

Truck NewsBy admin January 17, 2014

The South Australian Road Transport Association (SARTA) has released a report, indicating that freight routes in rural South Australia are increasingly damaging trucks using these routes. Drivers are experiencing increased breakdowns, electrical faults and repairs / maintenance costs. A representative is calling on State and Federal Governments to fix dirt laden and deteriorating trucking routes,…

NEW CATERPILLAR C-SERIES ARTICULATED DUMP TRUCK

Truck NewsBy admin August 27, 2013

The new Caterpillar C-Series articulated dump trucks (models 725C, 730C and 730 EJ) will come with engines that provide greater power, improved transmission control, additional operator amenities, new servicing features and with the 730C and the 730C EJ models – automatic traction control. Caterpillar have indicated that the release of the new Caterpillar C-Series is…

BEWARE OF UNREALISTIC FINANCE OFFERINGS

Finance NewsBy admin July 25, 2013

When Truck Dealers or Heavy Machinery Dealers advertises 0% finance or some other unrealistic rate such as 2.99%, buyers should instantly start to ask questions as to how they can do this. Would it not make sense from a Commercial Investment point of view, for a business to investment money in other ventures that will…

CHANGES TO LOW DOC POLICY

Finance NewsBy admin June 14, 2013

Recent changes in the Equipment Finance space, means that we now can offer low doc finance for Transport and Earthmoving Machinery up from $300K up to $500K. Policy applies to applicants that can show the following; current home owner have a current A rated commercial credit for at least 12 months or no older than…