Powering the Plant, Plant Hire, Excavation, Roadworks and Industrial Equipment Industry with Red Fox Finance's Asset-Based Lending
Get A QuoteThe plant, plant hire, excavation, roadworks, and industrial equipment industry are at the core of construction and infrastructure development. These sectors involve massive expenses, with machinery like excavators, dump trucks, and road rollers costing tens of thousands of pounds. Therefore, smart and tailored financial solutions are needed to facilitate smooth operations.
Red Fox Finance provides the industry with bespoke asset-based lending solutions, ensuring that businesses can acquire the required machinery without risking their liquidity. Here's how our offerings can help.
With large projects, businesses often have to wait for long periods before receiving payment from clients. Invoice factoring allows businesses to convert their outstanding invoices into instant cash, easing cash flow constraints, and enabling companies to invest in machinery or pay wages promptly.
If a business already owns machinery, it can opt for asset refinancing. Red Fox Finance allows companies to unlock the capital tied up in their assets to inject cash back into their operations. For example, a heavy-duty excavator, worth around £80,000, can be refinanced to fund additional machinery purchase or project costs.
Asset finance is a perfect solution for businesses looking to expand their machinery and equipment. A telescopic handler, indispensable for lifting operations, can cost around £50,000, while a motor grader, critical for roadworks, comes with a price tag of approximately £100,000. Our finance options provide businesses with the financial flexibility to acquire such costly equipment.
Leasing is an excellent option for businesses that need equipment for specific projects and don't want to invest in outright purchases. Equipment leasing allows companies to use state-of-the-art machinery like a tracked paver, which can cost upwards of £150,000, without worrying about depreciation and resale.
At Red Fox Finance, we understand that every business in the plant, plant hire, excavation, roadworks, and industrial equipment industry has unique needs. Therefore, we offer flexible and tailored asset-based lending solutions. With our support, businesses can maintain their cash flow, acquire necessary machinery, and keep their operations running smoothly.
But it's not just about finance; our team has deep industry knowledge, ensuring we understand your business's unique challenges and needs. This expertise allows us to provide you with not only the necessary funds but also valuable advice to help you maximise your financial efficiency and growth.
The plant, plant hire, excavation, roadworks, and industrial equipment industry play a crucial role in the country's development. By supporting businesses in these sectors, Red Fox Finance is playing its part in building the future.
Regardless of whether you need funds to purchase new machinery, pay for urgent expenses, or expand your operations, Red Fox Finance's asset-based lending solutions are here to help. Let us be your financial partner, helping you reach new heights and drive your industry forward.
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Elevate your plant operations with lending solutions rooted in your valuable assets. For plant operators eyeing growth or acquisitions, familiarizing with the application and approval process for new assets can be a game-changer.
Find out the best funding options for your business, enter your number and our team will call you back.
