Hitachi : HCMUK works with SME Lender Paragon to offer support to businesses
June 29, 2020 at 08:01 pm IST
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Hitachi Construction Machinery (UK) Ltd (HCMUK) have teamed up with SME lender Paragon to provide support for UK businesses.
The companies are working in conjunction to offer a low finance start-up scheme to assist SME's with the purchase of Hitachi mini excavators.
The scheme requires no payments for the first 90 days (3 months) of the agreement, after which normal payments will resume.
John Phillipou, Managing Director of SME Lending at Paragon said: "It is great to be able to work with such a reputable supplier of construction machinery in order to continue supporting UK SME's. During these uncertain times, it is key that we support businesses in any way we can and this scheme is a great way to allow customers to begin making purchases with the peace of mind of having very low initial payments."
Mark Turnham, National Sales & Marketing Director at HCMUK said:"HCM UK are pleased to be able to extend this finance offer to our valued customers to help them through this difficult time."
Visit https://www.hitachicm.co.uk/finance-offer/ for more information and to get in touch.
Hitachi specializes in manufacturing and marketing of electronic and industrial equipments. Net sales (including intragroup) break down by family of products and services as follows:
- social infrastructure and industrial systems (24.7%): elevators, escalators, industrial facilities, railway systems, power generation units, etc. The group also provides engineering and construction of nuclear, hydroelectric, and thermal power plants services;
- information and telecommunications products and services (20.1%): systems integration, cloud computing, software, servers, hard disks, PCs, ATMs, data communication base stations, payment terminals, etc.;
- materials and components (16.6%): semi-conductor materials, printed circuit cards, cables, copper and forged steel products, magnetic materials, organic and inorganic chemical products, etc.;
- construction equipment (10%) : hydraulic excavators, wheel loaders, mining equipment, etc.;
- automotive systems (9.4%): powertrain systems, control systems, etc.;
- electronic products (9.2%): fiber-optic components, screen tubes, testing and measurement equipment, medical equipment, equipment for manufacturing semiconductors, etc.;
- household appliances (4.7%): heating and air conditioning equipments, refrigerators, washing machines, etc.;
- other (5.3%): mainly transport, financial and logistical services.
Net sales are distributed geographically as follows: Japan (49.2%), Asia (21.3%), North America (12.7%), Europe (10.8%) and other (6%).