€1m funding enables upgrade of construction equipment

Close Brothers Commercial Finance construction feature deal

Industry Construction

Product: Lease and hire purchase

Facility size: €1m+

Based in Co Antrim, the customer specialises in road surfacing, transport management and ironworks.  In recent years the business has expanded to take on major contracts throughout the UK and Ireland. As a result they are now a key partner to many of the major construction players in both the Irish and UK markets.   

Having agreed a substantial long term contract with a key customer, there was a requirement to upgrade their equipment. Leasing and hire purchase were the most suitable products to provide in excess of €1m of funding to acquire the assets. The new equipment will ensure that the company can continue to deliver on its commitments to the highest possible standard.

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