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Category: Finance

Finance Latest News 

Fuelling the recovery

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JCB Finance is today marking a big milestone in its support of the UK construction industry during the coronavirus pandemic after delivering more than £50 million of loans.  The vital cash has been distributed to the industry through the Coronavirus Business Interruption Loan Scheme (CBILS) – designed to support the continued provision of finance to UK smaller businesses (SMEs) during the COVID-19 outbreak.  As an accredited lender, JCB Finance has been assisting new and existing customers impacted by COVID-19, who need to invest in JCB equipment or other qualifying plant…

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Finance Latest News 

Ardent Agrees £120M Refinance Deal

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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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Compactors Finance Latest News 

Terex rolls out finance deal

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Terex Construction has launched a limited edition finance offer across its tandem roller portfolio. adidas nmd femme Available while stocks last, the fixed-rate programme includes models from as little as £63 per week (plus VAT). With affordable repayments, the added option of a comprehensive warranty plan and immediate delivery across the UK, the offer makes owning the latest compaction equipment easier and more cost-effective than ever for construction professionals nationwide. asics gel lyte 5 A variety of compaction models are available through the official Terex distribution network, including the TV800…

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Finance Latest News 

Kubota and the art of finance

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Kubota UK has launched a bespoke finance solution for its range of construction machinery. The company has joined forces with BNP Paribas Leasing Solutions to introduce Kubota Finance, which is designed to provide customers with the most flexible and competitive financial packages available on the market. Neil Winfield, Construction Business Development Manager at Kubota, said: “The launch of our own bespoke finance packages means we can now offer highly competitive, secure and tailor-made financial solutions to our customers. This is all about enhancing our service offering by providing our dealers…

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Finance Latest News 

JCB Finance unveils new hire purchase deal

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JCB Finance has launched a two-year, interest-free hire purchase scheme for used JCB machines held in stock by the UK JCB dealer network. There is no upper limit for how much can be borrowed after a 20 percent deposit has been paid and the JCB must not become greater than 10 years old during the period of the finance agreement. Normal terms and conditions apply and the scheme is subject to availability through participating JCB dealers. JCB Finance’s Managing Director – Paul Jennings said: “Deals need to be transacted before…

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