Part of the Huddig family

Huddig Finance is not like other finance companies, we are part of the Huddig family. Not only are our people experts in machinery finance, they also have extensive experience working with the construction industry and truly understand your business.

This means you can feel confident in discussing your machinery investments with us. Whether you want to buy, rent or lease machinery, we offer the right financing proposal tailored to your business - for both new and used HUDDIG. Choose between installment or leasing for your next machine financing.

In Sweden, Huddig Finans is operated by Nordea Finance.

You are welcome to contact your nearest Huddig Finance contact if you have any questions.

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Catarina Lundin
Huddig Finance - Gothenburg
070-662 78 62
catarina.lundin@nordea.com

Carola Wallmark
Huddig Finance - Stockholm
070-345 11 28
carola.wallmark@nordea.com

Anna Nilsson
Huddig Finance - Växjö
070-245 03 70
anna.nilsson@nordea.com

Tobias Hedberg
Huddig Finance - Umeå
073-082 52 18
tobias.hedberg@nordea.com

Calculator

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Calculate your monthly cost

*The calculator provides an example calculation based on the values entered. Contact us for a final calculation.

Right now we offer very favorable interest rates through Huddig Finance when you upgrade your fleet with a new HUDDIG 1370.

• Smooth handling with e-signature
• Quick UC request
• Reply within 24 hours (weekdays)
• Applies to both new and used machines

Installment payments

When it comes to financing construction machinery, there are several different options. In installment financing, the machine itself is the collateral. As with a bank loan, the machine is owned by the company and is eligible for tax depreciation. A bank loan often requires a lot of different types of collateral in the company. Instead of burdening the company with a large expense at the time of purchase, the cost is spread over several years.

Advantages of installment payments

• The company owns the machine This means that your company benefits from the net asset value of the investment and can depreciate it.
• No cost for security The machine provides the security sometimes together with additional security.
• Doesn't tie up capital Installment payments allow your company to use its capital in the business instead of locking it into an investment. The cost is spread over several years.
• Right to deduct input VAT Your company buys the machine and can deduct the input VAT on the investment as soon as the delivery has taken place.
• Right to early repayment and extra repayments Your company is not tied to the financing. The loan can be repaid early.
• Ongoing information on the outstanding debt Current outstanding debt is shown on the payment slip

Leasing

With lease financing, your business can more easily budget and plan costs over time. The machine is leased via the lessee, who owns it and holds it as security for the financing.

Benefits of leasing

• No strain on liquidity Instead of spending the whole amount immediately, payments and costs are spread over a longer period.
• The machine provides the security sometimes in combination with additional security.
• Budgeting and planning facilitation Lease rent is calculated using the annuity method, which means that, as long as interest rates remain unchanged, your company will pay the same amount at each payment date.
• The solvency is not affected Your company's key figures are preserved.
• Doesn't tie up capital Your business can use its capital in the business instead of locking it into an investment.
• Lease payments are tax deductible The investment is expensed with the lease payments.
• At the end of the leasing period, you can choose whether to continue leasing financing or to buy the machine at the residual value specified in the leasing contract.
• At the end of the lease period, you can choose whether to continue lease financing or to buy
  the machine at the residual value specified in the lease.
  
  

Rental/Operational Leasing

Renting gives you the same benefits as leasing, but the difference comes at the end of the contract.

As a tenant, you can choose between the following options:

• Return the machine to the designated place under the applicable return conditions
• Indicate a buyer for the machine at the then current market value
• Extending the rental period by additional rental period after negotiation
  
  

What do I do with my existing machine?

It is now very common to trade in your existing machine when you finance a new one. Normally, the dealer will inspect your machine and give you a trade-in price.

In the case of installments, the trade-in price less any residual debt is entered in the financing calculation and used as a down payment.

In the case of leasing, you and the dealer settle the sale of the trade-in and the sum, less any residual debt, is used in the financing calculation as an initial increased rent.

Want to know what your machine is worth? Contact one of our dealer for further discussion.

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