Industry Insight: Construction & Plant Hire Finance
- Thomas Sudds
- Aug 20
- 2 min read
Building Smarter: How Finance Can Transform Your Construction & Plant Hire Business.
In the fast-paced world of construction and plant hire, access to the right machinery can make or break a project. From excavators and diggers to cranes, site cabins, and specialist tools, having reliable equipment on-site is essential.
But purchasing heavy machinery outright ties up significant amounts of working capital. That’s why construction and plant hire finance is becoming the smarter choice for businesses looking to stay competitive while protecting cash flow.
Why Choose Finance for Construction & Plant Hire Equipment?
1. Protect Your Cash Flow
Buying machinery outright can drain your reserves. By financing your equipment, you can spread the cost into manageable monthly payments, keeping your cash free for staff, materials, and growth.
2. Access the Latest Equipment
Plant hire and construction equipment evolves rapidly. Financing makes it easier to upgrade and expand your fleet without the pressure of large upfront costs.
3. Flexibility for Short- or Long-Term Needs
Whether you need an excavator for a single project or a fleet of machinery for ongoing contracts, tailored finance solutions can adapt to your needs.
4. Tax Benefits
Certain finance agreements, such as finance leases, may offer potential tax advantages, making them both cash-friendly and cost-efficient.
Finance Solutions for the Construction & Plant Hire Industry
At Approved Finance Group, we provide tailored business finance solutions to suit the construction and plant hire sector:
Asset Finance – Fund excavators, diggers, cranes, site cabins, and more without large upfront costs.
Hire Purchase – Spread the cost of machinery and own it outright at the end of the agreement.
Finance Lease – Pay for equipment over time while retaining flexibility and potential tax benefits.
Business Loans – Access additional working capital to cover materials, wages, or expansion.
We also work closely with leading suppliers in the industry, ensuring you can get the equipment you need with finance packages tailored to your business.
Is Construction & Plant Hire Finance Right for Your Business?
If your business is purchasing equipment outright, ask yourself:
Is tying up capital slowing down other areas of growth?
Would spreading payments make budgeting easier?
Could financing allow you to take on bigger contracts with more equipment?
For many in the sector, the answer is yes. Financing gives you access to essential machinery while protecting your most valuable resource: cash flow.
Speak To Our Team Today
At Approved Finance Group, we help construction and plant hire businesses across the UK unlock smarter ways to fund essential equipment. Whether you’re a small contractor or a large operator, our team can tailor finance options to match your business needs.
If you want to discuss your options, then please don'y hesitate to get in contact on 01908 429888 or click here to enquire today.
