Our first year of trading has flown by! May 2019 marks a year since the launch of Construction Plant Finance Ltd, an independent finance company introduced exclusively for the UK construction plant and equipment sector. Fast forward 12 months and our company is certainly making a positive impression on the industry.
Construction Plant Finance offers a comprehensive range of competitive and flexible end-to-end finance solutions to support manufacturers, importers, dealers and end-users in the UK construction industry.
Prior to the launch of Construction Plant Finance in 2018, it had been some 20 years since there had been an independent finance company dedicated solely to the construction plant and equipment sector; significantly one that was not owned by a bank or associated with a manufacturer.
The launch of our business to fill this niche gap has come as welcome news to the industry. It is opening up new and alternative channels of funding to customers through a variety of finance options to make the purchase of equipment more affordable and cost-effective, creating opportunities for businesses to grow incrementally, even in the most competitive trading environments.
The name ‘Construction Plant Finance’ may be new but the company is certainly in very safe, knowledgeable hands with Steve and Jackie Moody at the helm of the business. Both need little introduction and have decades of experience in the provision of asset finance solutions, and the construction industry in general.
“It has been a busy and very positive first 12 months for Construction Plant Finance,” explains Steve Moody. “With the economic uncertainty of Brexit and with banks showing signs of ‘nervousness’ towards lending to the industry, we as an independent finance business, can support eligible companies with new and additional funding facilities, which may not previously have been available. The options we offer and our understanding of the industry, combined with the personal approach and specialist knowledge of our team, provides an extra dimension of support to our customers which sets us apart from banks and other finance providers.”
As an example, Vendor Sales-Aid Finance provides a viable commercial proposition for manufacturers and dealers, providing a suite of finance partnership support that includes full ‘customised’ branding, stocking plans and subsidised finance schemes.
In less than a year, Construction Plant Finance is already working with numerous dealers as well as some importers and manufacturers of construction equipment who have never had a finance partner before. AUSA, Sunward Excavators and Tobrocco Giant are just a few names that Construction Plant Finance is proud to be working with and supporting at forthcoming events including PlantWORX (11th-13th June 2019). Construction Plant Finance will be exhibiting from Stand DC6.
Watch our video clip here to hear more from Steve Moody, talking from our stand at Vertikal Days 2019, the venue where we first launched Construction Plant Finance back in May 2018.
Call us on 02382 352506 or email: newbusiness@constructionplantfinance.co.uk