Lombard for Road Construction Equipment Finance
Lombard (NatWest) is among the most competitive lenders for large road construction plant - cold planers, motor graders, and high-value asphalt pavers - where the credit profile and asset values justify their more detailed underwriting process. The Wirtgen W200 cold planer (£500,000–£800,000), Cat 14M grader (£300,000–£500,000), and large tracked asphalt pavers are all assets where Lombard's structured finance team can provide competitive terms.
For road construction firms with established balance sheets and contracted revenues, Lombard is often the lender that delivers the most competitive rate on their largest plant.
October 2026 Rate Indicatives
| Asset Type | Finance Type | Indicative Rate | Term | Min Value |
|---|---|---|---|---|
| Wirtgen W200 cold planer (new) | Hire Purchase | 4% – 6.5% | 4–6 yrs | £300,000 |
| Cat 14M grader (new) | Hire Purchase | 4% – 6.5% | 4–6 yrs | £200,000 |
| Large tracked asphalt paver (new) | Hire Purchase | 4.5% – 7% | 3–5 yrs | £150,000 |
| Cat PM600 cold planer | Hire Purchase | 4% – 7% | 4–6 yrs | £300,000 |
| Road construction fleet facility | Finance Lease | 4% – 7.5% | 4–7 yrs | £500,000 |
| Komatsu GD655/GD675 grader | Hire Purchase | 4.5% – 7% | 4–6 yrs | £200,000 |
Rates indicative as of October 2026. Lombard requires 2+ years filed accounts and typically expects profitable trading with strong EBITDA.
Strengths & Limitations
Strengths
- Lowest rates for large road construction plant (from 4%)
- Cold planer finance up to £800,000+ considered
- Motor grader finance across full Cat, Komatsu, JD range
- Fleet facilities for multi-unit road construction operations
- Structured finance for complex road construction fleets
Limitations
- Minimum £25,000 - smaller plant excluded
- Strong credit essential - newer businesses not accommodated
- Detailed underwriting - slower than digital-first lenders