Excavator Finance

The client could not obtain funding with mainstream lenders due to a rapid increase in business operations – which meant the max lending peak had been reached.

We were able to structure a unique lending facility with one of our private lending partners, allowing client to secure 3 large sewer works contracts with a large Melbourne based Civil Construction Company.

Over the last 10 years, Heavy Vehicle Finance has funded over 20 Trucks / Excavators / Heavy Equipment for this client which now has the annual turnover exceeding $10M per annum.

KEY POINTS

  • Ongoing management of long term customer
  • Access to private funding options now sees client annual turnover excluding $10M per annum
  • Proposed Machine allowed client to acquire additional work contracts with large Civil Construction Company and leaving the door open for continued future growth

READY TO GET STARTED?

See if you qualify for online pre-approval up to $500K without affecting your credit score.