Plant finance in the construction industry : technical paper

This paper describes the decision-making process that must be undertaken in order to finance construction plant. The process is a complex one owing to the quantitative and qualitative factors that flow from a particular finance option. The decision process is analysed and explained by highlighting all the important factors that must be considered. This includes a net present value analysis to determine the most cost-effective finance option and a detailed analysis of the qualitative factors. This information is then used to make an informed choice as to the best method of financing construction plant to ultimately enhance a construction company's competitiveness.