Specialist
Excavator Finance & Leasing
For buying and refinancing Excavators
For buying and refinancing Excavators
An excavator is a heavy-duty machine that is used for digging, demolition, landscaping, and other construction tasks. Excavators are essential for many projects, but they can also be very expensive to buy outright. That’s why many contractors and businesses opt for excavator finance or leasing, which are ways of acquiring the use of an excavator without paying the full cost upfront.
Excavator finance and leasing are types of asset finance, which is a form of lending that is secured by an asset, such as a vehicle, equipment, or machinery. Asset finance allows you to spread the cost of the asset over a period of time, usually with fixed monthly payments and interest rates. Depending on the type of finance or leasing agreement, you may also have the option to own the asset at the end of the term, or return it to the lender.
There are different types of finance and leasing options available for excavators, depending on your needs and preferences. Some of the most common ones are:
The process of applying for excavator finance or leasing is similar to applying for any other type of loan. You will need to provide some information about yourself, your business, and the excavator you want to finance or lease. You will also need to have a good credit history and demonstrate your ability to repay the loan.
The lender will then assess your application and offer you a quote based on the type of finance or leasing, the amount, the term, and the interest rate. You can compare different quotes from different lenders to find the best deal for you. Once you accept a quote, you will sign a contract with the lender and pay any fees or deposits required. The lender will then release the funds to the seller of the excavator, or arrange the delivery of the excavator to you.
You will then start making the monthly payments to the lender until the end of the agreement. Depending on the type of finance or leasing, you may also have to pay for the excavator's maintenance, insurance, and taxes. You should also keep the excavator in good condition and follow the terms and conditions of the contract. If you fail to make the payments or breach the contract, the lender may repossess the excavator and charge you penalties.
To qualify for excavator finance or leasing, you will need to have a good credit history and demonstrate your ability to repay the loan. You will also need to provide some information about yourself, your business, and the excavator you want to finance or lease. The lender will then assess your application and offer you a quote based on your credit score, income, and other factors.
The amount you can borrow for excavator finance or leasing depends on the type of finance or leasing, the value of the excavator, and your financial situation. Generally, the higher the value of the excavator, the more you can borrow. However, you should also consider your cash flow and budget, and only borrow what you can afford to repay.
The interest rates for excavator finance or leasing vary depending on the type of finance or leasing, the amount, the term, and the lender. Generally, the longer the term, the lower the interest rate, but the higher the total cost. You should compare different quotes from different lenders to find the best deal for you.
In need of excavator finance or leasing?
We can help you:
And when we’ve established the best type of finance for you, we will:
Call our team on 0203 900 4322 to discuss your requirements or book an appointment.
I approached Clifton Private Finance to help me get a mortgage as an Expat working in the Far East. I would normally 'cut out the middle man' on something like this and try to get myself a deal directly with the banks, but I am now sold on the broker concept and wouldn't hesitate to use Clifton Private Finance again. There were a number of complicating factors such as being an expat, the stamp duty holiday, the sheer amount I wanted to borrow and the fact I wanted it all wrapped up before the Stamp Duty holiday ended. It is clear to me now that the relationship that brokers have managed to foster with their banks means they can simply pull levers and make stuff happen that us ordinary folk cannot. Put simply, they are worth every penny, will take most of the stress out of the lending process, and seem to have access to deals that you just won't find on the internet. Thank you George and Jan for all your hard work!
James M
Luther was excellent. Very clear in his advice and explanations of products and was able to move things on very quickly when we ran into difficulties with the estate agents. Without a doubt I would recommend Luther to all friends, family and colleagues. Luther was a joy to deal with and took a lot of the stress out of a troublesome transaction, from my end. I would view Luther as real asset to Clifton Private Finance Ltd.
William W
The team at Clifton Private Finance has been outstanding, not only in helping me to obtain a mortgage on a slightly unusual home, but also in continuing to provide support and liaise with the lender and solicitors through to completion. Thank you for making the process of buying my first home much easier.
Chantelle S
Sam O'Neill, and the new lender he identified for me, worked tirelessly together using my time constraints, to make sure my mortgage application was completed on time. They are a brilliant company to work with, fast, efficient, open and transparent from the very beginning, and turned a seemingly impossible situation into a viable one. Sam was brilliant throughout the whole process and I would highly recommend him, and his colleague Helen, to anyone without hesitation, I cannot speak highly enough about them.
Myr B
I was incredibly lucky to find Clifton Private Finance after a search on line as their service has been more than exemplary. My point of contact was Sam 0’Neill and he was happy to help at every stage during the application of the bridging loan, making a stressful process much easier to deal with. He was always available by phone or email and gave prompt answers to queries I had as well as always getting back to me when he said he would. That to me is excellent customer service and I cannot thank him personally or the company enough for the support they have given me.
C Jefferey
Adam cannot thank you enough for all your support throughout this arrangement. You have gone more than the extra mile to support us. Without you we would not have got our dream retirement home. You have been most professional and personable. Liz and I would be more than happy if you wanted to use us a reference with respect to any future clients.
Nigel & Liz K - Bristol
You have certainly shown me that you do everything for your clients, including tolerating their excessive emails and questions for updates. I have been kept in the loop, from yourself, about why the delays were occurring (Nationwide, post etc) which I would like to highlight that I really appreciated. I certainly will be able to recommend you to others as and when the need arises.
Mr Morris
I recently contacted Clifton Private Finance after a Google search for bridging finance providers and was immediately struck by their efficiency and support. Forms were emailed over almost immediately and the necessary finance was arranged within a few days. None of the other companies I contacted came close to their professionalism, and the quote that I eventually received was impressive. Thank you Adam, your help has enabled us to reserve the house that we wanted and I certainly recommend you to others.
Mr M. R. - Oxford
Absolutely brilliant. The service was first class, got everything sorted efficiently and were always friendly. Any fees were negligible compared to the service offered. Robert was particularly outstanding.
Charles N
My advisor, Robert, was very helpful in finding the mortgage to suit me. He kept me up to date throughout the process and dealt with any issues when they arose.
Rowena C
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