In addition to financing Excavators, we also fund Earthmoving Attachments of all configurations.
Melbourne based Civil Construction client required a large Rock Hammer to attach on a Komatsu PC490 Excavator. This Rock Hammer was needed to dig a 100 km sewer line along a corridor of very hard rock based material.
A Rock Hammer of this size can be difficult to fund as there is little resale value for this Asset with only a hand full of buyers available in the second hand market.
We were able to provide client with an approval using an aggressive amortisation schedule, as client was going to incur large labour and Machinery costs without the acquisition of this Attachment.
KEY POINTS
- High cost specialised Equipment funded using aggressive amortisiation strategy
- Rock Hammer Attachment saved client huge labour and Machinery costs and ensured the sewer line project would be completed within the agreed timelines
- Rock Hammer could be used on future projects and allows client to tender for jobs that required the use of specialised Equipment
