Dump Truck Finance
Providing dump truck finance to businesses across the UK with years of industry experience. HAF have access to specialist funders and can provide a fast, simple and flexible funding solutions. With various finance options to select from, keep cash in the business and spread the cost of key assets over an agreed period. HAF can also help source your next dump truck with access to a range of UK suppliers. The one stop solution to support you in finding and financing your next dump truck.
For a finance quotation on a new or used dump truck please get in touch today. Simply send an enquiry form through or give us a call for a confidential chat.
Dump Truck Finance and Leasing
Dumper trucks are mainly used to transport materials, such as sand and gravel. They also help with the process of creating a construction site- making sure that perfect conditions exist for all types work on it by carrying out unglamorous tasks like moving dirt around or compacting soil in preparation for building projects.
HAF understand the value that dumper trucks can add to your business and construction projects. Rather than having to rent dump trucks for construction projects it can be far more cost effective to activate a lease or finance agreement. With the option to own the machinery or equipment outright without having to pay large sums up front.
Types of Dump Trucks
There are four main types of dump trucks, these include the rigid dumper truck, the articulated dumper truck, the tracked dumper truck and the mini dumper truck.
Rigid Dumper Truck
The rigid dumper trucks are excellent at construction sites due to their durability and speed. It allows for the safe transport and disposal on site of large loads-helping increase completion times. However, they work best when used on roads rather than terrain with some obstacles or steep inclines.
Articulated Dumper Truck
The articulate dumper truck is a true workhorse. It is particularly good for rough terrain unlike the rigid but will struggle more with heavier loads.
Tracked Dumper Trucks
Tracked Dumper trucks are great for rough terrain and difficult weather conditions because they flatten the ground as they go. Making it easier for other vehicles and creating a safer environment. This makes them excellent in early stages of construction.
Mini Dumper Trucks
Mini dumpers are the smaller versions of all the professional vehicles listed. Anyone can hire one as long as they already have their category B license. These simple to use machines are perfect for home garden projects.
Why Use HAF?
As industry leaders in the asset finance industry, we have a dedicated team that specialise in hard asset finance. Partnering alongside suppliers and providing direct finance to customers. We can provide leading rates, professional advice and connections to some of the best suppliers and manufacturers of equipment and vehicles. Saving you time and effort by delivering an all-in-one solution. Perfect for any business looking to acquire hard assets in the most affordable way possible.
The sectors we specialise in include commercial vehicles, manufacturing equipment, plant equipment, machinery, construction vehicles and agricultural machinery/vehicles.
Financing hard assets provides finance companies with good security as the assets tend to retain value for many years, even at the end of their lease. This combined with our access to a diverse portfolio of funders means we can provide you a bespoke and affordable finance option.
Key points
- We can source your vehicle
-
Offer a range of flexible
finance options - Provide industry leading rates
- Both new and used vehicles
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Offer years of industry
experience
Benefits of Dump Truck Finance
Asset finance is most commonly used to acquire hard assets. A hard asset is a tangible/physical asset with fundamental value that are normally held for the long term. Like recovery trucks they are often key to the businesses operations but are expensive in value. These are two of the key reasons why most businesses look to use a hard asset finance facility. There are also a range of benefits that come with this option:
Protect Cash Flow
Keep cash in the business and invest in areas that will produce a return on investment. Obtain the vehicle that is necessary for your business with little to no upfront cost.
Fixed Repayments
Perfect for financial planning and selecting a finance package that is affordable for your business.
No Large Upfront Cost
No need to invest large sums upfront, however this is an option if you wish to reduce monthly payments.
Quick Access
If you need a recovery truck urgently but don’t have the immediate cash available, finance allows you to obtain the asset immediately without having to wait for the cash reserves.
Access to Higher Spec Vehicles
No need to compromise on the vehicle you select. The difference in a newer or higher spec vehicle can often be a very small increase in monthly payments.
HAF Finance
Here we have the four agreement types used for recovery truck finance and all hard assets. Here at HAF, we will guide you through all options and help you select the most suitable for your business.
Finance Options
Hire Purchase
Hire Purchase (HP) are monthly rental instalments where at the end of the term you have the option to purchase the asset outright or simply return it. Payments can be structured to align with your cash flow which could mean a small upfront payment or larger to reduce monthly payments.
Finance Lease
A finance lease is a leasing agreement which involves renting the asset over an agreed period of 1-5 years. A popular method due to the significant tax advantages. At the end of the agreement, you have four options: Hand the asset back to us at HAF, purchase the asset outright, continue paying the monthly payments or take out a new lease.
Operating Lease
An operating lease is an agreement to use and operate an asset without the transfer of ownership. Often used for high value assets, the rental is at an agreed rate and time period. The rental will not cover the full cost of the asset, therefore at the end of the agreement a residual value is offered by the funder which allows you to buy the asset minus the lease rentals paid so far.
Business Contract Hire
Business contract hire is a popular finance option used for company cars. The vehicle is leased over an agreed period from 2-5 years. At the end of the agreement, the vehicle is handed back to the finance company. A simple agreement often used for brand new vehicles, sometimes used with no upfront fee just monthly instalments.
Types of Machinery
