Finance | Diggers & Dozers

Ardent Agrees £120M Refinance Deal

January 18, 2018 EditorArdent, HSBC

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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Terex rolls out finance deal

December 5, 2016December 12, 2017 EditorTerex

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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Kubota and the art of finance

January 28, 2016January 28, 2016 EditorKubota Finance

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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JCB Finance unveils new hire purchase deal

June 13, 2015June 13, 2015 EditorJCB, JCB finance

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…