Civil engineering

Kent civil engineering business funds a German-built suction excavator

A Kent-based civil engineering business needed funding for a new specialist suction excavator. The vehicle was built in Germany, making the UK funding requirement less straightforward than a routine vehicle purchase.

DCF arranged hire purchase funding for the acquisition. The completed deal brought together specialist equipment, an overseas build and a UK business funding requirement.

The transaction shows the importance of discussing an unusual asset and its supply arrangements early. The equipment itself and where it is built can be important parts of the funding conversation.

This is a completed transaction, not a quote or guarantee of funding. Finance is subject to status and lender approval.

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Business location
Kent
Asset
Specialist suction excavator
Structure
Hire purchase