Batching Plant Finance

Introducing Fibo FINANCE

 

Fibo FINANCE – A New Method of Batching Plant Finance

 

FIBO FINANCE

3 year finance package

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Return on investment less than twelve months

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A positive cashflow

 

How it Works

  1. You want to buy a plant from Fibo Intercon with 36 months credit.
  2. Fibo Finance can provide credit if EKF can approve you for an SMV guarantee.
  3. Approval needs a credit assessment: audited annual reports three years back, and at least two with a positive balance, an equity that equals at least three (3) times the amount of the credit.
  4. Before applying for credit, a PO for the equipment has to be placed with Fibo Intercon.
  5. FIBO Intercon A/S must receive 15% of the order value as advance payment, not later than 15 days upon credit approval.
  6. 85% of the order value is to be financed by Nykredit Bank, Copenhagen, guaranteed by the Danish ECA (EKF – Export Credit Association in Denmark). Six (6) Bills of Exchange are drawn by Fibo Intercon A/S and to be accepted by the customer.
  7. Delivery of order as agreed.
  8. You will make payments every six months from delivery.

The average time from application start to final documentation and approval is four weeks.

Find Out If You Are Eligible For Fibo Finance

Complete the form and we will call you to give you more information and answer any questions.

“IT’S THE WORLD’S BEST KEPT SECRET AND GREAT FOR YOUR BUSINESS”

From €50,000 to €3,300,000

With regular use, a Fibo Intercon batching plant has a return on investment of between 6 and 12 months.

Project values for financing may be valued from €50,000 to €3,300,000.

Finance your project: 

Buy a concrete batching plant along with moulds, cement silos, bucket loaders and other required equipment.

Finance everything you need to set up a new business for pre-cast, on-site and remote site concrete production.

Buy a Fibo Collect system and start selling quality concrete to professionals and private customers.

Fibo Finance is a great way to build and grow your business.

Great for:

  • Making the batching plant pay for itself.
  • Going OPEX vs CAPEX.
  • Having a positive cash flow and owning a new plant.
  • Financing diverse equipment for a project.
Batching Plant Finance

Other Methods of Batching Plant Finance

Monthly Purchase

Monthly Purchase is a business sense is not dissimilar to Monthly Purchase you may have entered into for your motor vehicle.

To Monthly Purchase one of our machines you agree to buy the machine at the end of an agreed period, and part paying in the interim. You will own the machine once you have made the final payment.

An upside to Monthly Purchase is that because you will own the asset, there are write-offs which can be applied to your accounts which could be beneficial. On the downside, VAT will be payable at the full purchase price (and is normally required to be covered by a funder).

Great for:

  • People who want to own the machine
  • Low fixed initial payments (VAT free)
  • Payments can be offset against company profits

 

Finance Lease

With a finance lease, you have all the benefits of ownership without the downside.

In effect, you share the asset with the funder. They will buy the asset for you and you will use it like it’s your own. At the end of the lease period, you either agree to continue the lease or the machine is sold where you share in the profits from the sale.

The machine will be part of your books and accounts enabling you to obtain tax and ownership benefits.

Great for:

  • People who want to own the machine
  • Low initial outlay
  • Payments can be offset against company profits

 

Operating Lease

Operating leases effectively enable you to borrow the machine from a funder for a shorter period of time than is usual with a finance lease or HP. The arrangements also enable seasonal payment terms which is ideal for construction businesses who tend to have a slower winter period.
With no or minimal upfront costs, ongoing monthly costs tend to be higher than other types of financing but offer flexibility and no ownership responsibilities (but we know you’d treat someone else’s property as your own).

Great for:

  • Flexibility
  • Shorter-term commitments
  • No initial outlay
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