Construction Finance
Building your business together with smart construction finance solutions
Construction Finance strengthens your position in the construction and plant industry by continually developing and growing your business. For a business, development can mean many things, from expanding into new markets to simply investing in the right assets.
By investing in the essential equipment that your business needs to run successfully on a day-to-day basis, you can support the development and boost the growth of your business. How should you invest? The smart way – through a financial solution with us.
Helping you acquire the necessary assets and equipment with construction finance for your development
Our dedicated Construction and Plant Hire Finance team structures financial solutions for assets like:
- Earthmoving Equipment
- Worksite Security Systems
- Plant and Machinery
We also offer capital raising against paid-up movable assets via sale and leaseback, instalment sale, rent-to-own contracts, and short-term bridging loans up to 5-years with flexible deposit and off-balance sheet options.
Tailor‐made plant hire finance solutions include:
- Operating Lease
- Operating Lease with Ownership
- Installment Sale
- Sale and Leaseback
Tailor-Made Plant Hire and Construction Finance Solutions
Merchant West provides tailor-made plant hire and construction finance solutions, including:
- Operating Lease: An operating lease allows you to use the equipment for a specified period without owning it. This option is ideal for businesses that need equipment for a short-term project and/or prefer not to have the asset on their balance sheet.
- Operating Lease with Ownership: Similar to an operating lease, but with the option to purchase the equipment at the end of the lease term. This allows you the flexibility to decide whether to buy the equipment after you’ve used it or hand it back to Merchant West.
- Installment Sale: With this option, you can spread the cost of purchasing equipment over an agreed period, allowing you to manage your cash flow effectively while still investing in the necessary assets to grow your business. Importantly, it gives you automatic ownership of the assets upon payment of the final instalment.
- Sale and Leaseback: This option allows you to sell your existing unencumbered equipment to Merchant West and lease it back from us. This frees up critical capital that may be tied up in your paid-up assets while still allowing you to use the equipment in your daily operations.
- Rent-to-Own Contracts: This type of agreement provides you with the option of renting the necessary equipment with the option of owning it at the end of the rental period at a nominal cost. It’s a flexible construction finance solution that combines the benefits of renting with the option to purchase the assets, thus providing the opportunity to build your asset base.
Benefits of Construction Finance with Merchant West
Benefits of Construction Finance with Merchant West
Cash Flow Management: Optimal and effective cash flow is critical in most businesses, but particularly in the construction industry. Merchant West’s construction finance solutions allow businesses to spread the cost of expensive equipment and machinery over time, ensuring that your cash flow remains healthy and predictable, providing you with the opportunity to take on additional projects and grow your business with less financial strain.
Access to the Latest Equipment: Keeping up with technological advancements in construction equipment can be challenging and expensive. Merchant West’s construction finance allows you to acquire the latest equipment without the need for significant upfront investment, ensuring your business remains competitive and efficient.
Flexibility: Merchant West offers a range of construction finance solutions tailored to your specific needs. Whether you require short-term bridging loans, instalment sale finance, or rent-to-own contracts, you can find a construction finance solution that aligns with your business model and financial strategy.
Risk Management: By using Merchant West’s innovative and flexible finance options specifically catering to the construction and plant hire industries, you can mitigate the risk associated with owning outdated or under-utilised equipment. Options such as operating leases allow you to upgrade equipment regularly, ensuring your operations are always supported by the best tools available.
Frequently Asked Questions
The Construction and Plant Hire Finance team facilitates financing for crucial assets such as Earthmoving Equipment, Worksite Security Systems, and Plant and Machinery.
This support contributes to the development of businesses in the construction industry by providing tailored financial solutions that enable the acquisition of essential equipment for day-to-day operations, fostering growth and efficiency.
Options include Operating Lease, Operating Lease with Ownership, and Instalment Sale, offering a smart and customized approach to asset acquisition.
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