Bobcat says that to help support UK customers in these difficult times, it has launched a new finance campaign called ‘Work Now, Pay Later’, providing a 180 day schedule for the first payment, to underpin the purchase of new Bobcat loaders, mini-excavators and telehandlers.

The company describes the scheme as the most attractive finance product they have ever offered. Available to customers in all markets, including agriculture, horticulture, landscaping, construction, rental, waste and recycling the finance scheme covers every type of Bobcat machine, except rotary telehandlers.

Andrew Higgins, director, Doosan Financial Solutions EMEA, said, “We have never seen market conditions like these and we wanted to provide our customers with a solution to help them in these harsh circumstances. As a result, we have launched our very special finance scheme to help businesses using compact equipment, to help alleviate their worries about cash flow in these uncertain times."

The scheme is a special hire purchase promotion in which customers only need to pay their first payment after 180 days - which the company says allows customers to generate profits from their new machines, well before the first finance payment has to be completed.

Users of the scheme will have an interest rate of 0.99% and the duration of the plan allows them to spread payments for up to 66 months. Customers will need to pay an initial downpayment followed by a nominal payment of £10.00 per month for the first six months.