Are you getting your share of the infrastructure work in your sector? Need new equipment to take on those projects? Need cheap finance to purchase equipment to ensure you’re tender is competitive? Now could be the time to start a conversation with Jade Equipment Finance because infrastructure has been flagged as a big topic in Australia’s economic recovery. Representing potential opportunities for construction, civil works, engineering and businesses through those supply chains.
What’s on Offer?
Both the federal and state governments are usually big on investing in infrastructure to not only create jobs and stimulate their economies, but to improve services for their population. In response to the impacts of the coronavirus pandemic, infrastructure has been ramped up and is a key inclusion in government stimulus measures.
In June 2020, during a speech at CEDA, the Prime Minister noted a number of projects which would be fast-tracked as part of the JobMaker initiative. These cover several states including rail, iron ore and road projects in WA, inland rail, extension to the Olympic Dam, town water projects in NSW and the Marinus Link for Tasmania and Victoria. The package for shovel-ready projects represents a package around $1 billion in bilateral partnerships.
State governments have also announced key funding priorities including, amongst many others:
- In NSW, funding to fix transport congestion and upgrading roads especially in the regions.
- Queensland has an extensive list of prescribed projects such as Isaac Downs and Lower Fitzroy River.
- The Victorian government has committed to Regional Rail Revival and Princes Highway duplication.
In addition to what had already been committed, in late August 2020 during a meeting of National Cabinet, RBA Governor Philip Lowe requested that state premiers and chief ministers make yet another major commitment, in the vicinity of $40 billion, over 2 years on major projects to boost the economy. In particular, transport, energy, schools and housing projects were mentioned.
What opportunities do these announcements mean for your business?
We refer you to your state government infrastructure department website to see what tenders are open for your sector. But why not get started now on preparing or upgrading your equipment resources. With interest rates holding at historic lows and many shovel-ready projects in the pipeline, now may be the right time for the equipment purchases you have been considering or need to take on these or other related projects.
It may not be work on those specific projects that is of direct interest to you, but ancillary opportunities or other flow-on effects that may benefit your business. Jade Equipment Finance has access to specialist equipment finance lenders who offer highly competitive deals for new and used equipment acquisitions.
Jade Equipment Finance provides cheap loans for many industries and for many different types of equipment. Infrastructure projects primarily involve the construction, building materials, engineering, civil works, excavation and materials handling and supply businesses.
We provide loans for:-
- Civil Works equipment: heavy equipment, dozers, graders, compactors, excavators etc.
- Excavators from all top manufacturers including CAT, Kobelco, Hitachi, CASE, Komatsu amongst many others.
- Trucks: dump trucks, materials haulers, crane trucks, site utes, service vehicles and general transporters
- Road-making equipment: rollers, graders, compactors, profilers and mixers.
- Quarrying equipment required to produce, process, store and transport materials.
- Tunnelling equipment: both stock standard and custom-built machinery.
- Site equipment: buildings, facilities, fencing, lighting towers, accommodation units and vehicles.
- Scaffolding and formwork.
- Concreting gear: trucks, agitators, etc.
- Safety equipment.
Whatever your requirements, speak with a Jade consultant about a cost-effective loan on individual items of equipment or a package finance deal on multiple items.
Cheap equipment loans are available through Jade Equipment Finance for all types of business operations:
- Large corporations
- Sole Traders, ABN holders
Jade Finance Products
Jade Equipment Finance provides cheap loans across our full portfolio of finance products. Including:-
All our equipment loan offers are sourced with the cheapest interest rates and include fixed rates, fixed repayments and fixed loan terms plus the option for a residual/balloon/buyback so the loan can be structured to suit your specific requirements, wherever possible.
Your Jade consultant sources your quote from our specialist equipment lending panel to ensure you are receiving the cheapest available deal. On acceptance, we’ll handle the paperwork through to settlement to save you time and expedite the acquisition process.
We’re keen to ensure that our customers take full advantage of the work available through current and future infrastructure projects. We’ll work hard, in your best interests, to ensure you get the best equipment finance offers to acquire the machinery you need to compete and complete in this highly competitive infrastructure project sector. Finance deals at the cheapest interest rates and tailored to your needs.
For a quote on a cheap equipment loan, contact Jade Equipment Finance on 1300 000 003
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