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Our expert team are on hand to discuss your construction finance needs and take you through the different options.

Why choose Aldermore for construction finance?

  • Industry expertise

    Our extensive experience in a wide range of construction asset finance agreements means we are uniquely placed to support your business. Our in-house asset-management experts understand the construction industry so we can set market-leading valuations.

  • Construction equipment funding

    We offer a variety of construction finance solutions across various products. With daily payment runs, we're able to quickly release funds to you or your supplier.

  • Great service

    Our specialist sales, underwriting and operations teams are here to make sure you get the support you need. With dedicated field and office contacts, you've got named support at the end of the phone when you need it.

What is construction asset finance?

Construction finance is a way that companies like yours in the construction industry can borrow funds to procure specialist machinery and equipment needed to optimise operations.

What makes asset finance so valuable in construction is the fact that the technology required (such as concrete mixers, pavers, generators, and other heavy machinery) tends to be very expensive to purchase upfront.

Construction equipment financing helps spread these high costs over monthly instalments for a fixed term. This way, you needn’t worry about using a huge chunk of your business capital and can use it towards other aspects of the company.

Construction crane

Our construction finance covers:

Heavy machinery: We help companies take on large-scale projects with construction finance for plant machinery such as excavators, bulldozers, and loaders. 

Specialist equipment: If your next job requires specialist technology like concrete mixers, cranes, or trenchers, we can offer tailored construction equipment financing solutions.  

On-site essentials: With the help of our construction asset finance products, you can make sure you’re ticking all the boxes when it comes to must-have on-site machinery such as dump trucks and generators.  

SMEs and independent contractors: Small-scale businesses who want to invest in high-quality machinery or scale up their current equipment but perhaps lack the upfront capital can take advantage of our construction finance options. 

Construction worker

Our construction finance solutions

For new construction equipment financing, we can offer:

  • Hire purchase

    This construction finance solution is great for companies that want to ultimately own the construction equipment they’re financing.

    Suitable if you:

    • Would like to make the purchase in instalments rather than a bulk sum.
    Hire Purchase
  • Lease

    We offer two types of lease to the construction industry: finance lease and operating lease.

    Suitable if you:

    • Finance lease - want to only use the machinery for a certain period. At the end you can choose to hand back the equipment, sell it, or extend your 'rent' period.
    • Operating lease - want to use the machinery you need without the costs of maintenance and risks of devaluation.
    Lease
  • Refinancing

    For your existing assets, we also offer refinancing to release equity and to produce an injection of cash that can be used to fund a variety of activities.

    Suitable if you:

    • Want help to fund specific business projects
    • Want to put a deposit on new equipment
    • Are acquiring a new business
    • Are purchasing new assets that may not be suitable for finance.
    Refinance
Farmer tending tree

What are the benefits of construction finance?

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.


Our dedicated construction team are here to support you

Jon Burell

Jon Burrell

Business Development Manager


Construction asset finance FAQs

Our construction finance solutions cover a whole range of specialist machinery, from bulldozers, compactors, and cranes to drilling equipment, excavators, and pavers.

Yes. We can provide construction equipment financing tailored specifically to support you in replacing your existing equipment with the latest technology in the industry.

From construction companies to civil engineers and any other businesses in related spheres, we finance construction equipment for anyone with specialised requirements.

With the help of construction equipment finance, you can stay ahead of the competition by securing the newest machinery on the market, all while safeguarding your cash flow. What’s more, you’ll be able to customise your repayment terms based on your budget.

Award winning Asset Finance

We're proud to have been recognised for a number of industry awards:

  • NACFB Commercial Lender Awards 2023 - Asset Finance Provider of the Year
  • LeasingWorld Gold Award Winners 2022 - Top Green Asset Funder
  • LeasingWorld Service Excellence Awards 2022 - Winner
  • LeasingWorld Gold Award Winners 2021 - Business Finance Champion

We're backing the construction industry

Construction crane

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Find out how we're backing the construction industry.

T&Cs will apply, subject to status and affordability. Any asset used as security may be at risk if you do not repay any debt secured on it.