Finance Approval – New Volvo EC350D Excavator

One of our long term clients, a Sydney Based Civil Construction Company, recently approached us with an urgent requirement for Finance to purchase an additional Excavator. The Machine was needed to bring a key scope of work in house that had previously been carried out by a subcontractor. By owning the Equipment outright, the business stood to reduce ongoing subcontractor hire costs by approximately $50,000 per month, delivering an immediate and significant improvement to cash flow.

Thanks to our established relationship with the client and the fact that we had already Financed multiple items of Equipment for them, we had a comprehensive understanding of their operations, financial position and growth plans. With all relevant information already on file, we were able to move quickly and provide an unconditional approval within 24 hours, allowing the Excavator to be secured without delaying site works or impacting project schedules.

The business employs more than 100 staff and operates a fleet of 65 Trucks and Machines across multiple active sites. At this scale, downtime and delays can be costly and management relies heavily on fast decision making, clear communication and dependable finance support. Our responsive approach and deep understanding of the client’s business meant we could deliver a solution that was not only fast, but also aligned with their operational and financial objectives.

By acting quickly and structuring the right finance solution, we helped the client reduce costs, improve efficiency and maintain momentum across their projects – reinforcing the value of having a trusted Finance partner that understands the demands of large scale Civil Construction operations.

KEY POINTS:

Low Doc Approval – Up To $500K

24 Hour Turnaround Requested 

Management Of Existing Customer