Diverse financing of construction machinery

Below you will find more information about our financing solutions for construction machinery – hire purchase and leasing.

Our partners have plenty of experience in selling construction machinery, and they specialise in various financing solutions for these investments. Your construction machinery needs may cover forklifts, excavators and other construction machinery. 

You can sign the financing agreement digitally or in person at our vendor partner’s office. 

Purchasing construction machinery with financing frees up your cash flow

When you decide to invest in industrial and construction machinery, it is worth considering whether financing can meet your investment needs without significant up-front investment. Financing has many benefits, such as fixed, pre-agreed monthly payments and the possibility to modernise your equipment more often. This means that your company does not need to tie up capital in machinery and equipment purchases.

Construction machinery on hire purchase

Under a hire-purchase agreement, the asset secures the financing, so your company does not need any other collateral besides the deposit. The monthly payments are agreed in advance, and once you have repaid the financing, your company takes ownership of the asset. The financed asset usually has a long service life. Your company can also recognise the annual depreciation of the assets in its accounts.

Benefits of hire purchase for your company:

  • Fits into your company’s budget with suitable monthly payments – seasonal variations are possible.
  • The financed asset is on your company’s balance sheet, and you can recognise normal depreciation and deduct the value-added tax included in the price.
  • When the agreement ends, your company takes ownership of the asset.
  • Investment grants can also be used to purchase assets.
  • The financed asset can be a new or used machine, device or equipment. The vendors are trained to provide more information. 

Assets that can be financed via hire purchase include:

  • trucks
  • excavators
  • mini and midi excavators 
  • crawler-mounted excavators
  • wheel-mounted excavators
  • backhoe loaders
  • wheel loaders
  • telescopic wheel loaders
  • slide-guided loaders
  • reach stackers
  • telehandlers
  • tiltrotators
  • dumpers
  • tractors
  • rollers
  • specialised equipment (such as concrete and metal working machinery)

Leasing of construction machinery

When you lease construction machinery, the monthly costs of your investment are predictable, and you do not need any separate collateral. Leasing is suitable for companies that do not want to own the assets. Leasing can also be granted in limit form (AssetMaster), providing your company with an ongoing financing facility for purchases.

Benefits of leasing for your company:

  • Get started with a lower initial investment. 
  • Leasing of construction machinery and equipment for your company to use in return for a suitable monthly payment. 
  • The lease payments are deductible expenses in taxation.
  • When the term of the lease ends, contact the vendor to learn about your options, such as extending the agreement or purchasing a new asset to replace the old one. You can also designate an external buyer for the asset.
  • If your company needs new machinery and equipment often, leasing can be granted in limit form (AssetMaster), allowing you to finance investments without the need to apply for new financing every time. 

Assets that can be financed via leasing include:

  • trucks
  • excavators
  • mini and midi excavators
  • crawler-mounted excavators
  • wheel-mounted excavators
  • backhoe loaders
  • wheel loaders
  • telescopic wheel loaders
  • slide-guided loaders
  • reach stackers
  • telehandlers
  • tiltrotators
  • dumpers
  • tractors
  • rollers
  • specialised equipment (such as concrete and metal working machinery)