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Assets Funded

Cranes, Crushers, Screens and Excavators

JCB Finance funding line helps AB2000 to double its turnover

AB2000 is Scotland's biggest privately owned hirer of operated plant and equipment. With a head office and main workshops at Cambuslang and depots at Aberdeen and Nairn, AB2000 was ranked as the second most successful SME in Scotland in 2015.

JCB Finance funding line helps AB2000 to double its turnover Cranes, Crushers, Screens and Excavators

Using asset finance for big items of equipment protects our working capital and good rates allow us to remain competitive with our charges to customers.

Adam Bruce, Managing Director
JCB Finance funding line helps AB2000 to double its turnover Cranes, Crushers, Screens and Excavators

The Challenge...

Having modern, efficient plant and equipment available for hire is key to the business, Increasing the number of machines available for hire is vital to growing the company. AB2000 needed to buy more equipment to grow and remain competitive.

"Over the last eight years JCB Finance has helped us to double our turnover. It's important in our business to maintain a modern and up-to-date fleet and having a funding line already in place means that we can buy equipment at short notice."

Adam Bruce, Managing Director
AB2000

We offered the following package

HP Fixed

  • - Interest rate agreed and fixed at time of documentation
  • - Fixed repayments of capital and interest
  • - Tax relief on interest charges


HP Variable

  • - Enjoy savings when interest rates fall
  • - Ability to pay off lump sums
  • - No additional cost for early settlement

The JCB Finance Solution...

By using HP Fixed and HP Variable, the company was able to purchase a Liebherr PR 736 Crwaler Bulldozer, a JCB JS130, a Liebherr LTM1040-2.1 mobile crane, a Terex Demag Challenger 3180 mobile crane, a FASSI F360 truck mounted crane, a Terex 694 screener and a JCB JS360.

Funding from JCB Finance also helps AB2000 to constantly replace equipment before it gets too old to avoid any breakdowns.

 

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