Construction Equipment Asset Finance

Finance for the Construction and Building Industry

Construction

remain competitive in all Economic conditions

Building the UK with
construction

The construction industry in one of the most volatile in the UK. Construction business owners can sometimes find themselves feeling the pressure to keep up with the UK economy. 

Asset finance solutions allow you and your business to obtain the essential equipment you need for a new contract, without having to ask a bank and without using a large sum of your hard-earned cash to purchase the new equipment you need to run your business.

Discover how  your company can benefit from financing essential machinery so you can spread the costs, free up cash flow and generate more revenue.

Finance the purchase of Construction Machinery, improve cash flow and scale your business

Finance for the construction Industry

The Industry stabilises the UK Economy

According to the UK Parliament, the construction industry plays an essential role in the stability of the economy. It is quite unique in the UK on account of the high concentration of self-employed contractors. 

It is also one of the most financially demanding industries.

Running a construction business comes with high costs, such as the maintenance of heavy equipment and machinery. 

You may need to update your equipment frequently or replace heavily used machinery, and that can be heartbreakingly expensive, especially when you’re trying to meet strict deadlines on a budget.

Construction Equipment Asset Finance
Construction Equipment Asset Finance by Coate Finance UK

How Can You Benefit from Construction Finance?

By choosing one of our flexible funding options to finance your equipment, tools and machinery, you can save your cash flow for emergencies or other business expenses. 

Fixed terms and monthly payments give you the freedom to budget for the growth of your company in the future. 

Purchasing certain products and equipment with the right funding offers great tax advantages to your company. If you choose to lease, you can also protect yourself from the costs incurred as equipment depreciates.

We understand the pressure business owners and self-employed contractors face when it comes to surviving in today’s market. 

With asset finance, your working capital, equipment and business will be protected, which allows you to focus on the important task at hand, growing and scaling your business.

If you are ready to grow your business with the latest construction equipment and future proof your company, then you’ve come to the right place. You can use one of the following finance services that we provide to construction companies, to improve cash flow and scale your business:

  • Hire Purchase
  • Finance Leasing
  • Operating Lease
  • Asset Refinance
  • Commercial Business Loans
    • Secured Business Finance
    • Unsecured Business Loans
    • Working Capital Loans

Allow us to help you find an affordable way to spread out the costs of growing your business.

Finance Your Construction Tools and Equipment With Coates

Coates Finance can offer you and your business a number of simple finance solutions that will allow you access to the tools, equipment and plant machinery you need to operate your construction business at optimal levels.

Fund your equipment costs, manage your cash flow and spend time and focus on growing your business.

List of Tool, Equipment and Plant machinery

Here’s a list of the most common construction equipment you can finance:

  • Excavators
  • Backhoe
  • Dragline Excavator
  • Bulldozers
  • Graders
  • Wheel Tractor Scraper
  • Trenchers
  • Loaders
  • Tower Cranes
  • Pavers
  • Compactors
  • Telehandlers
  • Feller Bunchers
  • Dump Trucks
  • Pile Boring Machine
  • Pile Driving Machine

If you’re looking to fund something else – just complete the short form below or give us call today. We can finance almost any business asset.

We offer personalized funding services

Finance Solutions For The Construction Industry

Hire purchase allows you to obtain the equipment your business needs and pay for it in increments over a negotiated period.

At the end of the agreed-upon time, you will be offered the option to purchase the asset.

A finance lease works like a loan agreement that allows you to acquire the assets your business needs without having to buy them outright.

Coates arranges for a funder to purchase the assets your business needs for you and lease them back to you over a negotiated time period.

An operating lease is an agreement that allows your business to use and operate assets without committing to ownership.

The agreed-upon rental term of an operating lease is typically shorter than the life of the asset.

This is an ideal solution for businesses which make use of heavy equipment, plant machinery or vehicles.

Also known as a sale and leaseback agreement, this finance solution allows your company to sell existing assets (subject to age) in return for working capital.

Although you no longer own title to the equipment, you can still continue to use it by leasing it back from us whilst freeing up cash for other purposes.

Secured commercial loan

A secured business or commercial loan is a loan secured against an asset of the borrower, giving them the working capital they need right away.

Unsecured Business Loan

An unsecured business loan allows businesses to obtain essential equipment without collateral.

Your Journey Begins Here

Partner with Coates Finance

Here is what You need to get started

Fast Finance for Your Construction Company in 3 Easy Steps

Partner with one of the UK’s leading asset finance providers.

Our friendly team of experts are waiting to assist you and your company.

We’ll help you finalise a solution that meets your needs, and take the hassle out of the decision-making process so you can spend more time on what matters to you most – growing your business.

We have streamlined the application process and made it super simple to apply for the funding you need.

Complete the short form below and let’s get started today.

Complete the form below and speak to one of our knowledgeable finance professionals, who will answer your questions and guide you through the final steps to a solution that works for you.

Call us on 01904 492851 

You can also give us a call if you need immediate answers to your questions. Our friendly experts will happily answer any questions you may have before you begin your application.

Lines are open
9:00am – 5:30pm Monday to Friday
(excluding UK bank holidays)

We'll Help You Every Step Of The Way

Finance Your
Construction Business Today

Follow the simple 3 step process to finance your business today.

Once you have completed the first step, we will get you on a call to answer any more detailed questions you may have and move quickly towards getting your financial requirements successfully approved

 

01

Complete the Form

Complete the simple form below and apply online for the amount you need to grow your business

02

Receive Fast Approval

We will process your application and aim to get you approved for your desired amount in 24-48 hours

03

Get Funded

Congratulations!

Now you’ve been approved, you can acquire the assets for you require to grow.

Let's Get Started

All you need to do is complete the form and submit your application to get started today

  • Partner with one of the UK's leading finance solution providers
  • Get sector specific solutions from the "smartest people in the finance industry"
  • Apply in minutes and see funds in your account in as little as 48 hours
  • Access funds from £2000 - £500,000
  • FREE tailored quotation with no obligation

Get a FREE, No risk, No obligation Quote Today

Get your FREE business finance quote today

Complete the form and submit your application to get started today