< NEWS ARTICLES

You are seeing all the results for

Engineering

Category: Engineering

Pandemic impaired financials no obstacle to funding new civil contracts

Purchasing equipment in a secondary market can be both lucrative and problematic. If done astutely, clients have the ability of picking up high quality assets that are well below market value. However, financing options are severely diminished when not purchasing “new” items.

A client was referred to Hermes to fund the purchase of machinery that would complement their current offerings. This particular asset would allow them to complete the full scope of work within their major contracts – without subcontractors. In turn, this would increase both sales and margins.

Read More

Reclaiming Progress: Cashflow in Contracting

Purchasing equipment in a secondary market can be both lucrative and problematic. If done astutely, clients have the ability of picking up high quality assets that are well below market value. However, financing options are severely diminished when not purchasing “new” items.

A client was referred to Hermes to fund the purchase of machinery that would complement their current offerings. This particular asset would allow them to complete the full scope of work within their major contracts – without subcontractors. In turn, this would increase both sales and margins.

Read More

Finance for Acquisition of Civil Engineering Business

Purchasing equipment in a secondary market can be both lucrative and problematic. If done astutely, clients have the ability of picking up high quality assets that are well below market value. However, financing options are severely diminished when not purchasing “new” items.

A client was referred to Hermes to fund the purchase of machinery that would complement their current offerings. This particular asset would allow them to complete the full scope of work within their major contracts – without subcontractors. In turn, this would increase both sales and margins.

Read More

Second-hand equipment funding despite ATO arrears

Purchasing equipment in a secondary market can be both lucrative and problematic. If done astutely, clients have the ability of picking up high quality assets that are well below market value. However, financing options are severely diminished when not purchasing “new” items.

A client was referred to Hermes to fund the purchase of machinery that would complement their current offerings. This particular asset would allow them to complete the full scope of work within their major contracts – without subcontractors. In turn, this would increase both sales and margins.

Read More

Clearing up a tax portal to get your finance deal done

An engineering business had accumulated a $1,050,000 tax debt as a result of rapid growth in the civil infrastructure sector. This became a problem when the client needed to show equipment lenders a clear portal for further equipment purchases that needed financing. Hermes reviewed the client’s debtors as well as their other available assets, including a number of unencumbered heavy equipment items and some property with second mortgage equity.

Read More

Engineering firm achieves quantum leap in growth through tailored capital solutions

An engineering firm that provides services to the rail infrastructure sector needed to buy a new piece of equipment in order to make the most of expansion opportunities that would – if seized – transform the business.

Read More