Hire agreement recovery
Recovery grounded in your hire terms, billing records and damage assessments.
Equipment and plant hire
Debt recovery for equipment and plant hire
Plant and equipment hirers extend credit every time a machine leaves the yard — and slow-paying customers tie up capital that needs to fund the next hire. Merion recovers overdue hire accounts on a commission-only basis.
Equipment hire is an inherently credit-intensive business. A machine leaves the yard, the hire period runs, and the invoice follows — usually on thirty-day terms, sometimes longer for long-term hires tied to a construction project. When a customer delays payment or disappears, the equipment company is left carrying the cost of the asset and the credit simultaneously. In a sector where individual invoices can be substantial and hire periods run for weeks or months, a cluster of overdue accounts can quickly strain working capital.
The hire sector's debtor profile adds further complexity. Construction customers — the dominant client base for most plant and equipment hirers — operate on payment chains where the head contractor's cashflow determines how promptly subbies and service providers are paid. Equipment sitting on a site for a project where the developer has gone quiet is equipment that cannot be redeployed, while the outstanding hire invoice grows. Hire companies serving the mining and resources sector face similar dynamics at greater dollar values.
Merion recovers commercial hire accounts for equipment and plant hire businesses across construction, mining services, agriculture and the general hire market. We understand hire agreements, hire-period billing, damage recovery and the PPSR security interests that can support a hire company's position — and we apply a professional, documented recovery process that moves quickly before hire assets become devalued claims.
How we help
Recovery tailored to how you get paid
Fast escalation
The sooner an overdue hire account is referred, the more of it comes back — particularly in construction.
PPSR-aware
Mindful of PPSR security interests and retention-of-title considerations where relevant to your hire contracts.
Recover hire accounts before they become write-offs
Commission-only recovery for equipment and plant hire businesses — no recovery, no fee.
Common questions
Frequently asked questions
Do you recover from construction customers who are slow to pay?
Yes — construction clients are the dominant debtor profile in equipment hire, and progress-payment delays passing to hire invoices are accounts we recover regularly.
What about damage claims alongside outstanding hire fees?
Where the hire invoice includes damage charges, we recover the combined account — the hire period balance and any agreed damage component documented in your records.
How are fees structured?
Commission-only, agreed in writing before we start. No commission on accounts where nothing is recovered.
Get started
Hire accounts going unpaid?
Refer them — the appraisal is free and obligation-free.