“Construction businesses need equipment that can earn its keep. We look at the asset, how it will be used and what the investment allows the business to achieve before exploring the available finance options.”
Richard Huxley Director
Construction and plant finance
Investing in machinery, vehicles or specialist equipment? Huxley Corporate Finance can help you explore finance options that support the next stage of your business without placing the full purchase cost on working capital.
Construction and plant finance
explained
Purchasing construction plant can represent a significant investment, particularly when several assets are required to increase capacity or deliver newly secured work.
Huxley will take time to understand the equipment, its intended use, the supplier, the amount required and the preferred timescale. The team can then approach its panel of funders to identify potentially suitable finance options for consideration.
Whether the requirement involves replacing an ageing machine, adding capacity or investing in specialist equipment, the objective is to find a structure that fits both the asset and the wider plans for the business.
Construction and plant finance made simple
Huxley can help construction businesses explore finance for:
- Excavators, diggers and mini-diggers
- Loaders, dumpers and telehandlers
- Cranes and access equipment
- Compaction and groundworks machinery
- Commercial vehicles and specialist trailers
- Generators, tools and site equipment
- New or used assets
- Individual purchases or wider investment programmes
Every proposal is considered individually. Available options will depend on the business, the assets, the amount required and the funder’s assessment.
Construction finance FAQs
Can you help finance used plant and machinery?
Used assets may be considered, subject to factors including their age, condition, value, supplier and the funder’s criteria. Provide the asset details and quotation so Huxley can review the requirement properly.
Can several machines be included in one proposal?
Potentially. If the business is purchasing several machines or vehicles, Huxley can review the complete investment programme and explore how it might be structured.
Can finance support equipment needed for a new contract?
If secured work creates a requirement for additional capacity, Huxley can review the contract, the proposed equipment and the business’s trading history. Any finance remains subject to the funder’s assessment and approval.
How quickly can plant finance be arranged?
Timescales depend on the business, the assets, the amount required and the supporting information available. Providing full details at the outset can help the team progress the proposal efficiently.
What information will I need to provide?
Huxley will normally need information about the business, the machinery or vehicles, supplier quotations, the amount required, the intended use and the preferred timeframe. Further financial information may be requested during the application.