Finance Latest News 

Ardent Agrees £120M Refinance Deal

Leading heavy plant hire specialist Ardent Hire Solutions has secured a £120m asset-based lending facility to support its growing working capital needs during a period of accelerated growth. The deal was facilitated by HSBC in partnership with ABN AMRO. The £120m deal sees HSBC and ABN AMRO each provide £60m of funding in the form of an asset-based lending facility which provides funding against Ardent’s receivables, plant and machinery assets. The deal provides Ardent with flexible access to working capital to support the business’s growth, which will include the purchase…

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Latest News 

Ardent Roll out £4 Million Fleet

Ardent Hire Solutions are one of the UK’s largest providers of self-drive plant. UK & Ireland importer A&Y Equipment Ltd have just signed a new deal to supply over 100 new Ammann rollers in a deal worth upwards of £4 million. These machines will update and compliment an existing fleet of Ammann rollers located throughout Ardent’s 14 national depots. This particular deal is made up with a range of compaction machines, including trench rollers, light tandem rollers and single drum self-propelled rollers. The trench rollers will be the latest model…

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Latest News Telehandlers 

Ardent puts faith in Loadalls

JCB has secured a massive deal for 700 machines worth in excess of £40 million from one of the country’s largest plant hire companies. Ardent Hire Solutions is buying JCB Loadall telescopic handlers and rough terrain forklift trucks as the company seeks to invest in the most technologically advanced machines on the market. The machines are being supplied through Leicestershire-based JCB dealer Watling JCB. Ardent Hire Solutions was established last year from the amalgamation of Fork Rent and One Call Hire. With its head office in Middlesex, the business trades…

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