CONSTRUCTION ASSET
FINANCE FOR BUSINESS GROWTH
Asset Finance can help construction companies and their contractors acquire the necessary equipment and machinery needed for their upcoming projects. Some example construction assets may include:
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Excavators, Bulldozers, Cranes, Loaders, Forklifts, Mixers, Dump Trucks, Pavers
WHY A CONSTRUCTION FIRM SHOULD INVEST
IN NEW EQUIPMENT?
1. Enhanced capabilities – The latest equipment can often perform tasks that old equipment cannot. This will allow your company to take on new types of projects or expand their capabilities.
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2. Increased efficiency – New equipment can perform tasks faster and more accurately than old equipment. This can help construction companies finish projects on time or ahead of schedule, reducing costs and increase productivity.
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3. Competitive advantage – Investing in new equipment can enable businesses to stay competitive by completing projects faster, at a higher quality and lower cost than its competitors. This can help a business to win new customers.
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4. Reduced downtime – New equipment is likely to be more reliable and require less maintenance than older equipment as older equipment may require repairing frequently. This can lead to increased efficiency, reduced down time and less repair costs.
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5. Cost savings – New equipment can be more efficient and require less maintenance resulting in cost savings over time. Reducing waste will improve a business’s efficiency and output.
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6. Improved safety – New equipment will be required to meet the latest safety legislation and features, allowing a business to reduce the risk of accidents and injuries and create a safer work environment for employees.
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