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James Cheney Earthmoving: Key Financial Partnerships
He recognized that having the right equipment would be crucial for establishing the business and ensuring a successful entry into the contracting market. A decision was made to build the business around a reliable brand of low-hour used equipment, supported by quality local service facilities.
“Traditional lenders were demanding a lot of business plans, documentation and paperwork that represented quite a difficult hurdle.” James said.
“Finding the right partner to finance our machine purchases was a gamechanger for me and has allowed me to concentrate on satisfying customers by delivering good quality work right across the different sectors of the market.”
FAQ’s
Chattel Mortgage –
Your Questions Answered
When it comes to securing the right equipment finance, having the answers to common questions can make the process easier.
What is a chattel mortgage?
It’s a type of loan that allows you to own the asset from day one, with the lender holding the asset as security until the loan is paid off.
Why would I use a broker over my bank?
Unlike banks, brokers prioritise your needs, offering independent guidance to find the best deal for your business. Get access to more lenders and more loan options.
What information do you need for a quote?
A few short questions that can be answered over the phone about your business and the equipment you’re buying.
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SYNC Cabling Solutions
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