Recently financed… in the Construction Industry

November 17, 2023

Terms: Low 5% deposit and 36 monthly payments

Funding finalised for a well-established plant hire provider.
The business had a specific demand to expand its fleet of power floats, used to add finish, texture and polish to recently laid concrete floors.
The new acquisition allows an increase in workflow and for the completion of more jobs, faster, thereby impacting profit margins.
Given the rise in operational costs, including fuel and raw materials, the company was advised to preserve cashflow and a low 5% deposit was arranged.

Terms: Low 5% deposit, 3 months VAT deferral and 60 months repayment period

Competitive finance organised for an industrial and commercial concrete floor contractor looking to replace an older out-of-date laser screed.
The existing machine was proving more expensive to maintain and didn’t have the additional aftersales support a new machine provides.
The three-month VAT deferral arrangement enabled the business to maximise its cash availability.

Terms: 10% deposit, 60 months repayment period

Investment arranged for a successful concrete pump hire company requiring more capability in its hire fleet servicing the piling, formwork and groundworks industry.
Given the large national projects and incentivisation by the UK Government to build more homes, concrete pumps are in high and growing demand.
The purchase of the new CPS50 Trailer Concrete Pump, well renowned for its efficiency, cost effectiveness and low running costs, gives the potential to generate additional revenue.

Terms: 48 months repayment period

Funding agreed for a business offering plant hire facilities and contract crushing.
The company needed this medium-sized 35-ton excavator, primarily to utilise its recently financed crushing bucket, also arranged by Sheppex.
The new purchase allows more work to be completed in a wide range of different industries, from civil engineering to demolition, crushing/screening to remediation, thereby increasing revenue potential.

Terms: Low 5% deposit, 3 months VAT deferral and 60 months repayment period

Financed for a nationwide construction firm, acting as a sub-contractor in the haulage of aggregate and concrete to building sites.
The business was looking to increase its efficiency and margins with a new vehicle, to grow collections and deliveries.
The new acquisition, with its larger tipper capacity, aims to increase productivity and lower costs.
A three-month VAT deferral was applied to support the client’s cashflow.