Finance Approval –  Used Mack Prime Mover and Low Loader Trailer

An Earthmoving business approached us seeking Finance to purchase an older Prime Mover and Low Loader Trailer, required to transport a Sumitomo Excavator between multiple job sites. Until this point, the business had relied on external Transport Contractors, which resulted in high ongoing costs and limited flexibility when it came to scheduling Equipment movements.

The client’s key objectives were to reduce third party transport expenses, gain greater control over logistics and improve overall efficiency on site. In addition, the business wanted to diversify income streams by offering Machinery Transport services to other business owners during quieter periods in the Civil Construction cycle.

To meet these objectives, we structured a flexible Finance solution that leveraged a policy matrix designed to accommodate Assets of different ages across the Truck and Trailer combination. Using Low Documentation Lending parameters, the client was able to secure Funding without the need for extensive financial statements or detailed bank documentation, allowing the approval process to move quickly and smoothly.

With the right Finance structure in place, the client successfully acquired the Prime Mover and Low Loader Trailer, bringing Equipment transport in house. This resulted in immediate cost savings, improved control over job scheduling and reduced downtime between sites. Importantly, the investment also enabled the business to generate additional revenue by providing transport services to third parties when internal demand was lower.

By implementing a tailored Finance solution aligned with the client’s operational goals, the business improved efficiency, reduced reliance on subcontractors and unlocked new growth opportunities – all while keeping cash flow and administration requirements manageable.

KEY POINTS:

Increased Logistical Control

Mitigated Third Party Contractor Expense 

Diversified Clients Income Stream 

Finance Secured For Older Truck And Trailer