The case
Euro Demolition is an international specialist in demolishing high-rise buildings and structures. The organization works as a subcontractor for construction firms. Work is carried out using special caterpillar and dragline cranes, fitted with a variety of demolition machines.
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The challenge
Every two years Euro Demolition invests in a new demolition crane of major names such as Etec, Liebherr and Volvo.
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Our solution
With leasing, Euro Demolition creates an extra source of finance without additional uncertainties. What’s more, Euro Demolition remains flexible: “We use our working capital now so that we can continue to serve the changing market.”
ABN AMRO Lease finances a demolition crane with a financial lease with a term of five years. Mak: “ABN AMRO Lease is experienced and has an affinity with the equipment they finance. Their rates are also much more competitive than those of our bank. We were able to conclude a deal that matches our situation perfectly.”
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