A Surrey-based crane hire specialist is scaling up its operations after buying a custom-built new crane with HSBC UK support.

The all-terrain SANY SAC2500E crane purchased by Terranova Cranes is the largest road-operable SANY crane in the UK.

Designed to exact specifications, the crane is the first of its kind in the UK and will play a dual role: supporting complex lifting projects and acting as a product tester, providing direct feedback to the manufacturer to refine future models.

The new addition to the fleet will enable Terranova Cranes to take on larger, more technically demanding jobs across the UK, boosting the capacity and efficiency of the business.

Terranova Cranes anticipates a 15 per cent increase in turnover over the next 12 months as a result of this HSBC UK supported growth.

Alec Glover, Owner of Terranova Cranes, said: “This crane is a significant upgrade for our fleet and a smart investment in the future of our business. It gives us the capability to take on more complex projects and operate at a greater scale. HSBC UK’s support made this possible – the team’s backing and understanding of our goals helped us move forward with confidence. We’ve also worked closely with David Grosse and his team at Number Eight Business Finance, whose advice throughout the process was invaluable and enabled us to secure a competitive facility that suits our business and sets the foundation for future investments.”

Dale Culshaw, Relationship Manager at HSBC UK, added: “Terranova Cranes is a great example of a business investing in advanced equipment to strengthen its capabilities and stay ahead in a competitive market. We’re committed to providing tailored financial solutions that help businesses realise their growth ambitions, something Terranova have shown clarity on throughout this process. It has been a pleasure to collaborate with the team at Terranova Cranes and Number Eight Business Finance to support their growth plans.”