Both companies are responding to the slowdown in plant sales that was evident in the UK even before the Covid-19 crisis took hold. Retail sales of construction and earthmoving equipment in the UK market fell by 22% (by units) in the first quarter of 2020 compared with the same quarter in 2019.
Bobcat describes its new scheme as the most attractive finance product it has ever offered. It is available to customers in all markets and covers every type of Bobcat machine except rotary telehandlers.
Andrew Higgins, director of 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.”
Customers will only need to pay an initial downpayment followed by a nominal payment of £10 per month for the first six months.