Asset Finance

Construction is big business. Big contracts need big machines. Big machines mean big money. We can help!


For Your Construction Assets

The construction industry is one of the most important markets to the UK economy. With the myriad of challenges currently facing construction firms, along with the rising costs of raw materials and labour, it is vital to preserve working capital.

HAZELDENE Asset Finance helps construction firms acquire the best equipment for the job in hand; and with the security of fixed payments, we can make budgeting that little bit easier. We help construction companies build for the future and ensure they are properly equipped with the assets needed for growth. We can tailor a finance solution to suit your individual needs providing an affordable way to spread the cost of plant and machinery you require. We offer Hire Purchase, Lease or Refinance packages.

Below are some of the typical construction equipment we can finance:

Dumper Trucks
Loading Shovels
Demolition equipment
Site plant
On site modular buildings
Commercial vehicles
Cherry pickers
Piling Equipment
Quarrying Equipment
Road Making Plant & Equipment
Woodworking Equipment
Engineering Equipment

Please note that whilst this list is extensive it is not exhaustive. Please contact us with any Asset queries you may have.

Finance products for Construction Industry

Hire Purchase

HP is a secured loan on your asset. It allows to acquire the asset immediately with a small deposit. You pay monthly instalments over the agreed term which spreads the cost of your investment. At the end of the term you can pay a nominal 'option to purchase' fee and you will own the asset outright.

HP helps keep capital in your business making it easier to budget. It is a popular finance product for businesses looking to purchase machinery, vehicles. Construction and agricultural equipment.

Capital Release

Refinancing the current assets on your balance sheet is a great way to get a cash injection in to your business. We buy the asset from you and you buy it back from us on a Hire Purchase agreement over an agreed term.

Improved cash flow and available funds can be used to acquire additional assets or put to use in any part of your business you choose. At the end of the refinance term you will once again own the asset.

Finance Lease

A finance lease can be set up as a full pay out agreement or with a balloon payment on the end. This allows you to acquire the asset without having to buy it outright. You chose what deposit you'd like to pay and the length or term. Rentals are paid each month and at the end of the contract you can return the asset to the funder, sell and keep a portion of the income or continue using the asset in a secondary rental period.

This flexible finance agreement provides a low initial outlay, VAT can be reclaimed on rentals and the cost can be offset against pre-tax profits.

Operating Lease

An Operating Lease or Contract Hire as it's also known allows you to rent the asset over an agreed term. A residual value (rv) is set by the funder based on the value of the asset at the end of the term.

Payments will be lower than that of an HP as you are only funding the depreciation of the asset during the time you have it, not the full cost of the asset as you would do if financing to own. At the end of the term you hand the asset back and walk away meaning you have less hassle trying to sell or trade-in the  for a new one.

Construction is big business. Big construction projects require big machines.

Big machines = Big cost. We are living in uncertain times and keeping capital in your business keeps you stronger.

Asset Finance can help you acquire the machinery you need and spread the cost.