Close Brothers for Road Paver Finance
Asphalt pavers and road finishers are specialist road construction assets with established secondary markets, making them well-suited to conventional asset finance. Close Brothers has a genuine understanding of these assets - from the Dynapac F1000 tracked paver at £180,000 to the Bomag BF600 wheeled finisher. Their appetite covers new and used pavers for road surfacing contractors, maintenance companies, and highway construction firms.
Brands financed include Dynapac, Bomag, Hamm, Caterpillar, Volvo, Vögele, and Ammann. Close Brothers' underwriters are familiar with paver output capacity, mat width, and how these factors drive residual values in the UK road construction market.
October 2026 Rate Indicatives
| Asset Type | Finance Type | Indicative Rate | Term | Value Range |
|---|---|---|---|---|
| Dynapac F1000 tracked paver (new) | Hire Purchase | 4.5% – 7% | 3–5 yrs | £150k – £250k |
| Bomag BF600 wheeled finisher (new) | Hire Purchase | 4.5% – 7.5% | 3–5 yrs | £100k – £200k |
| Cat AP500 tracked paver (new) | Hire Purchase | 4.5% – 7% | 3–5 yrs | £150k – £280k |
| Used asphalt paver (<5 yrs) | Hire Purchase | 6% – 10% | 2–4 yrs | £50k – £180k |
| Road finisher - Finance Lease | Finance Lease | 5% – 9% | 3–5 yrs | £50k+ |
| Paver fleet (2–3 units) | Hire Purchase | 5% – 8% | 3–5 yrs | £150k+ |
Rates indicative as of October 2026. Road surfacing contractors with established tendered contract revenues are well-positioned for the lower end of these ranges.
Strengths & Limitations
Strengths
- Genuine appetite for asphalt pavers and road finishers
- New and used equipment - all major brands
- Fleet finance for paver plus roller combinations
- Relationship-led underwriting for specialist road plant
- Competitive rates from 4.5% for strong credits
Limitations
- Minimum £10,000 - smaller plant excluded
- Strong trading history preferred (2+ years)
- Not the cheapest for very large assets (Lombard/Siemens competitive there)