Preserving capital
When you choose construction finance over an upfront purchase, you can distribute the price of expensive machinery over a longer period, keeping your working capital free for other business needs, including materials, payroll, and day-to-day costs.
Flexible terms
There are various construction equipment financing solutions depending on the needs of your company. You can choose between hire purchase, leasing (including finance lease and operating lease), or refinancing options tailoring your repayment schedule to your cash flow cycle.
Tax efficiency
Some types of construction asset finance also come with certain tax benefits. For instance, if you are leasing construction equipment, you can write off the monthly repayments as business expenses.
Expert knowledge
Taking out a construction finance agreement with a specialist lender means you have access to a team of finance experts who have in-depth knowledge of the construction sector. They can, therefore, support you in finding the best financial product to help your business grow.