Plant hire and haulage combined fleet finance serves businesses that run both heavy plant - excavators, dumpers, telehandlers - and haulage vehicles - tippers, flatbeds, rigids - and need a coherent finance strategy across both asset classes. This is a common profile for groundworks contractors, civil engineering firms and quarrying operations.
Why Combined Finance Matters
Businesses with both plant and vehicle needs often approach multiple lenders separately, resulting in fragmented relationships, inconsistent terms, and duplicated documentation. A specialist broker can present both asset classes to lenders with appetite for combined facilities, securing better terms through a consolidated relationship.
Common Combined Fleet Profiles
- Groundworks contractor: 3x excavators + 5x tippers + 2x flatbeds
- Quarrying operation: crushers/screeners + artic tippers + loading shovels
- Civil engineering firm: piling rigs/cranes + HGV fleet for material logistics
- Demolition contractor: high-reach excavators + rigid tippers + grab lorries
Rate Guide - October 2026
| Asset Class | Rate Range (APR) | Term | LTV |
|---|---|---|---|
| Plant (excavators, telehandlers) | 5.5-9% | 3-5 years | 85% |
| HGV tippers and flatbeds | 5.5-8% | 3-5 years | 90% |
| Combined facility (5+ assets) | 5-8% | 3-5 years | 85% |
| Adverse credit | 11-16% | 2-3 years | 65% |
Worked Example - Groundworks Contractor Combined Facility
| Detail | Figure |
|---|---|
| Assets | 2x 13t excavators (£90k each) + 3x 8-wheel tippers (£110k each) |
| Total value | £510,000 |
| Deposit (15%) | £76,500 |
| Amount financed | £433,500 |
| Term | 48 months |
| Rate | 7% APR (blended) |
| Monthly payment | approx. £10,390 |