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Reclaiming Progress: Cashflow in Contracting

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.

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Finance for Acquisition of Civil Engineering Business

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

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
Turning the tables on a complex transaction

Turning the tables on a complex transaction

A demolition and excavation company found itself in financial trouble after 12 years in the business. The company had been growing organically, and outside of equipment finance, had never sourced any type of working capital facility. Unfortunately, in 2019, the company suffered their first full-year loss due to a major customer going into liquidation and, as a result, failing to pay their debts.

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