Tag: RAF

Plant & Machinery Financing Solutions from Richmond Asset Finance

17th February 2021 / / Comments Off on Plant & Machinery Financing Solutions from Richmond Asset Finance
The investment in effective agricultural plant machinery is essential for farmers and and contractors within the construction industry, in order to raise working capital and boost growth.

Construction and agricultural refinance releases funding when your business needs it more by advancing cash against uncertified applications for payment or staged invoices, which gives a safety net for finances, meaning businesses are no longer held back from making staff and supplier payments or taking on projects due to delayed payments. This innovative funding solution for the construction industry is sustainable and practical for all involved, providing pre-payments against applications and milestones for sub-contractors in which contracts with customers often create a barrier to traditional financing and refinancing options.

Through our construction finance solutions, our team at Richmond Asset Finance can help ensure your business and farm has a regular cash flow in addition to raising more capital for you to work with, which in turn will make it easier to run your business, pay staff, cover overheads and increase turnover. Not only this, but should you need to purchase new assets to enable the highest standard of service for your customers, construction finance can allow you to do so.

We provide construction finance and refinance for a range of different construction machinery and yellow plant.

Contact us today for more information.

4 benefits of switching to electric commercial vehicles

4th September 2019 / / Comments Off on 4 benefits of switching to electric commercial vehicles

Switching from petrol or diesel commercial vehicles to electric vehicles is not only a practical change, but a cost-effective one too.

As concerns about climate change and the environment mount, businesses are under increasing pressure to make more environmentally conscious decisions.

Electric vehicle technology is rapidly evolving, and electric vehicles are now becoming a more practical, attractive and accessible option for businesses of all shapes and sizes.

Many businesses are put off making the change because the initial outlay for electric vehicles may seem high when compared to comparable petrol or diesel models. However, the low running cost of electric vehicles offsets the initial expense and makes it a cost-effective decision in the long-term.

It is also an extremely worthwhile investment when you consider the difference in will make to your business’ carbon footprint.

Here are the 4 top reasons your business should consider switching to electric commercial vehicles.

Low running costs– Generally, the cost of running an electric vehicle is cheaper than the cost of running a petrol or diesel vehicle because electricity is cheaper per mile than fuel.

Reduced maintenance costs – Electric vehicles are functionally simpler and have fewer moving parts than their non-electric counterparts, making them considerably cheaper to maintain.

Environmentally friendly – Investing in electric vehicles will help your business to meet its environmental and social responsibility. As well as producing no CO2 or harmful greenhouse gasses, electric vehicles reduce air and noise pollution. Making the switch will help your businesses to reduce its carbon footprint and become more sustainable.

Employee satisfaction – Electric vehicles, particularly when used primarily for short trips around the city, are convenient and comfortable to drive. As well as using state-of-the-art technology, electric vehicles are smooth-running, emit zero fumes, and are virtually silent, providing the driver with a relaxing and pleasurable ride.

Need some help financing one or more commercial electric vehicles? Here at Richmond Asset Finance we provide a range of flexible vehicle finance and asset finance services to help you to grow your business. 

For more information about our services, or to discuss your requirements in more detail, give our team a call on 0113 288 3277.

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