Construction Plant Finance

Construction Plant Finance secures its first vendor partnership scheme

Construction Plant Finance (CPF) has entered into a vendor partnership scheme with JC Mac, whereby it will provide the latter with a fully branded vendor sales-aid programme.

The deal is the first vendor partnership scheme CPF has secured since launching earlier this year.

JC Mac – which will officially launch this month at UK Construction Week – will import its own branded range of construction equipment from Cukurova Group.

The funding will support JC Mac’s plans to bring a new range of backhoe loaders, tracked excavators and wheeled loaders to the UK’s construction machinery market.

CPF is a joint venture between SKM Asset Finance and Corporate Asset Solutions, which plans to provide flexible finance solutions to the construction plant and equipment industry.

Steve Moody, director at Construction Plant Finance (pictured above, right), said: “It is still early days for Construction Plant Finance and we are obviously thrilled to partner with JC Mac Ltd through the provision of a fully branded sales-aid programme.

“We will also be assisting them in sourcing a nationwide network of dealers.

“CPF’s strategy is to support multiple vendors within the construction sector and I am sure JC Mac will be the first of many new relationships.”

Joshua McNally, founder and managing director at JC Mac (left), added: “We have decided to go with CPF on an exclusive financial basis because of the synergies between both our companies.

“Both are in their infancy, both are commercially attuned and we share a commercial philosophy which puts the customer at the heart of our decision.

“We wish to grow together and believe that the personal attention that Steve gives – coupled with his wealth of experience within our industry – knits together perfectly with what we are looking for and together we look forward to an exciting future.”

Also pictured: Liam O’Connor, sales director at JC Mac

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