Financing Yellow Goods
Here is how we helped a small business get their backhoe through finance.
A forestry and earthmoving business have been involved in restoration of land that has been harvested of commercially grown pine forests. They were looking to purchase a backhoe to assist with their daily work.
After doing some research, they found the ideal backhoe for their needs. The backhoe was expensive ($164k) so paying cash upfront was not an option for their business.
They were looking at other alternatives so they turned to their local broker for options. The broker knew that our equipment finance is a good option for them and upon referral, we were able to help them.
Classic Funding Group solution
We were able to make their purchase cost affordable and minimise the impact on their cashflow by offering them structured repayments over a term of 60 months.
Whether close-up truck loading or digging over obstacles, the backhoe will tackle the toughest jobs with ease and assist with their daily work.