Flexibility crucial in funding plant

摘要

Construction companies looking to finance the purchase of equipment need to make sure their finance partner appreciates the fluctuating nature of the building industry, according to a specialist equipment finance company."The construction business is one industry that is particularly susceptible to the ups and downs of the economy," said Keith Rodwell, managing director of GE Commercial Equipment Finance."Commercial bills are widely used by construction companies, and these generally incorporate a review period during which the financier can reduce the facility. But when things are tough, the last thing you need is a finance partner reducing its funding to you, just when you need that support most."