Specialist
Grader Finance and Leasing
For buying and refinancing grader construction vehicles and heavy equipment
For buying and refinancing grader construction vehicles and heavy equipment
Graders, precision finishing vehicles in construction, are indispensable for creating flat surfaces, particularly on roads and pavements. Characterised by a long blade situated between the front and rear wheels, graders meticulously shape the terrain, ensuring a level foundation for subsequent development. Like any construction equipment or vehicle, graders represent a substantial investment.
Grader finance, a specialised branch of construction finance, offers a strategic approach to acquiring essential grading equipment for infrastructure development. At Clifton Private Finance, we understand the pivotal role graders play in your project’s success, and our tailored grader finance solutions reflect this.
Much like telehandler finance, grader finance is similar to any type of asset finance. This arrangement empowers your firm or consturction bussiness to distribute expenses across a predetermined timeframe, with consistent monthly instalments and fixed interest rates. Our flexible financing options include:
Opting for grader finance with us enables your business to:
Exploring the financing avenues for grader vehicles is essential for businesses looking to enhance their construction capabilities. At Clifton Private Finance, we offer a comprehensive suite of grader finance and leasing options, tailored to meet diverse operational demands and financial strategies. Here’s a breakdown of the primary methods available:
Hire Purchase (HP):
Suitability: Best suited for businesses aiming for long-term equipment use and those prepared for upfront and recurring financial commitments.
Finance Lease:
Suitability: Ideal for firms not prioritising ownership but interested in potential fiscal advantages of leasing.
Operating Lease:
Suitability: Optimal for project-specific or short-term requirements, circumventing the costs of maintenance and equipment depreciation.
Securing grader finance or leasing in the UK involves a procedure akin to other loan applications, tailored to the unique requirements of construction equipment financing.
Initially, you’ll complete an application detailing personal and business information, alongside specifics about the grader you’re considering. Demonstrating a robust credit history and the ability to manage monthly payments is essential.
Subsequently, your application undergoes evaluation, culminating in a bespoke quote outlining the finance or lease terms for the grader. This quote encompasses the aggregate cost, duration of the loan, interest rates, and any supplementary fees.
Upon selecting a financier, contractual agreements are signed, and requisite fees or deposits are settled. The financier then facilitates the transfer of funds to the grader’s vendor or arranges for the grader’s delivery to you. Thereafter, fixed monthly repayments commence and persist until the contract’s conclusion.
The finance or lease type dictates certain obligations concerning the grader’s upkeep, insurance, and taxation. Maintaining the grader in prime condition and adhering to the contract’s stipulations is imperative. Non-compliance or delayed payments may result in the financier reclaiming the grader and imposing additional charges.
Prior to committing to any finance or lease agreement, it’s advisable to seek professional financial counsel. Clifton Private Finance is equipped to offer guidance and support throughout this process. Conducting thorough research and comparing various options is crucial to identify the most advantageous and cost-efficient arrangement for your grader financing needs.
To be eligible for grader financing or leasing, you’ll need a solid credit history, comprehensive financial details, and proof of repayment capability. Lenders will evaluate your application based on your creditworthiness, business information (if applicable), and the specific grader model you’re interested in. They’ll review your financial standing to ensure you can manage the monthly payments before providing a financing quote.
The borrowing amount for grader finance varies based on the finance or lease type, the grader’s value, and your financial health. Each financing option has different borrowing limits, and typically, higher-value graders may allow for larger loan amounts. Lenders will assess your borrowing capacity, so it’s prudent to borrow within your budget and cash flow projections.
Interest rates for grader finance and leasing fluctuate according to the finance type, lease terms, and lender policies. Longer loan terms might offer lower rates but increase the total cost. It’s beneficial to compare rates from various lenders to secure the best deal.
Yes, depending on your chosen finance plan, you may have the option to upgrade your grader. This is particularly advantageous for keeping pace with technological advancements and evolving business needs.
The total cost of finance lease rental payments can be tax-deductible as a business expense against your profits. This means they qualify for tax relief for the duration of the lease agreement, potentially reducing your overall tax bill. There is also VAT considerations. For instance, if you will own the asset at the end of the lease or hire purchase period, you will need to pay VAT on the total value of the assets at the start of the contract. However, if you will not be the owner at the end of your lease, you will be required to pay VAT periodically. Lastly, purchases of plant, machinery, or IT equipment, which can include graders, may be eligible for capital allowances. This allows a proportion of costs to be deducted from your taxable profits each year. However, shorter-term leases do not qualify for capital allowances if you are the lessee.
We can help you:
And when we’ve found the best type of finance for you, we will:
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
