
Finance Approval – New DAF Truck and Everdigm Concrete Boom Pump
One of our Western Sydney based clients engaged our team to secure Finance for a New DAF Truck fitted with a New Everdigm Concrete Boom Pump – a highly specialised Asset with a total value of $836,000. This acquisition was a critical investment for the business, enabling them to expand their capabilities within the Concrete Pumping and Construction Industry.
Given the size of the purchase and the client’s complex corporate structure, the application required a detailed and methodical assessment. Before approval could be granted, our team completed a comprehensive review of the client’s financial statements, entity relationships and cash flow across the group to gain a clear and accurate picture of the business’s overall financial position.
Unpacking multi entity structures and layered financials requires both experience and industry understanding. Our Relationship Manager worked closely with the client to analyse the financial data, identify key strengths and clearly demonstrate the income-generating potential of the New Everdigm Concrete Pump. Particular focus was placed on existing workloads, projected utilisation rates and the Asset’s ability to service the proposed debt comfortably.
At Heavy Vehicle Finance, every member of our team is trained to manage complex Funding scenarios. Rather than applying a one size fits all approach, we tailor each submission to reflect the client’s true operating position and the commercial realities of their business.
Following a thorough assessment and Lender submission, we successfully approved the full funding amount requested. This outcome allowed the client to proceed with the purchase without compromise and position themselves for the next stage of growth.
With the new Concrete Pump now operational, the client is well placed to secure additional contracts across Western Sydney’s rapidly expanding Construction market. These new opportunities are expected to deliver strong, consistent revenue and support the business’s continued expansion well into the future.
This case study demonstrates how expert analysis, structured Finance solutions and industry specific knowledge can make complex Asset purchases achievable – even at scale.
KEY POINTS:
Expert Analysis Of Complex Corporate Structure And Interrelated Companies
Funding Approval For High Cost Specialised Asset
Additional Asset Allowed To Take On Larger Work Contracts And Significantly Increase Turnover
Onging Management Of Long Term Existing Customer
Even More Exposure For Client Within The Civil Construction Community Of Western Sydney
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