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.”
Amstel Lease finances a demolition crane with a financial lease with a term of five years. Mak: “Amstel 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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