An introduction worth getting on a plane for
MFG was introduced to HRV Earthmoving in 2024 after the business had worked with another broker. James travelled to a machinery yard in Queensland to meet owner Rob Harvey in person. The conversation began with the equipment at hand, then widened to the ageing graders and dozers, existing debt and the next purchases the fleet would require.
Meeting at the machinery yard helped put the discussion in the context of the assets HRV actually uses. Rob could talk through the equipment, its age and what had to happen next; James could see where an immediate purchase fitted into a larger renewal.
Rebuild the fleet and the lender relationships
Together with HRV and its accountant, MFG mapped the assets and the finance behind them. The business sold ageing CAT graders and dozers and replaced equipment as its operating needs changed. Suitable purchases were positioned with major banks, improving the funding terms while retaining non-bank capacity for transactions where speed genuinely matters.
That did not mean pushing the house bank aside. Where a major-bank relationship suited the asset and the timing, it could support a better long-term position. Keeping other lenders available meant HRV still had options for a purchase that could not wait.
Ready for the next working machine
The relationship has extended across graders, dozers, trucks, trailers, light vehicles and GPS. A CAT 325 Next Gen excavator supplied by Coleman’s Equipment is one example of the working fleet taking shape. Keeping the financial information and lender picture current means the next deal can be judged in the context of the whole business.
The CAT 325 Next Gen, supplied by Mark at Coleman’s Equipment and taken home to Victoria on HRV’s own float, is one visible part of that continuing program. The wider work is the ongoing view of the fleet and the capacity behind it.
