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Machinery Finance UK

Machinery Finance for UK Business

HP, finance lease, and operating lease for all types of manufacturing plant, agricultural machinery, construction equipment, and specialist plant. Decisions in 24 hours, 50+ lenders.

From £5,000
Decision in 24hrs
New & used machinery
No broker fees
Get a Machinery Finance QuoteExplore Asset Finance

50+

Specialist Lenders

£5k+

Minimum Finance

24hrs

Typical Decision

12-60

Month Terms

What We Finance

All Types of Machinery

If it has a commercial value, we can almost certainly arrange finance for it

Manufacturing Machinery

CNC machining centres, lathes, milling machines, injection moulding, plastic extrusion, press brakes, laser cutters

Agricultural Equipment

Tractors, combine harvesters, balers, sprayers, telehandlers, potato harvesters, grain dryers

Construction Plant

Excavators, dumpers, rollers, concrete pumps, cranes, scaffolding, telehandlers, piling rigs

Printing Equipment

Digital presses, offset litho, flexo presses, wide-format printers, finishing equipment, plate-makers

Process Equipment

Food processing lines, packaging machinery, chemical reactors, pharmaceutical equipment, cleanroom systems

Specialist Plant

Generators, compressors, test equipment, laboratory machinery, medical devices, renewable energy plant

Options

Choose the Right Finance Structure

Three main ways to finance machinery — each with different tax and ownership implications

Hire Purchase (HP)

Own the asset

Make fixed monthly payments over the agreed term. At the end, pay a nominal option-to-purchase fee (often £1) to become the legal owner. The machinery appears on your balance sheet from day one, and you can claim capital allowances including the Annual Investment Allowance.

Full ownership at end of term
Capital allowances available
Build equity in the asset
No usage restrictions

Finance Lease

Tax-efficient payments

Use the machinery throughout its economic life with rental payments that are typically fully tax-deductible as a business expense. At the end of the term, you can continue renting at a reduced rate, purchase the asset at market value, or arrange sale with a share of proceeds — you don't own the asset outright.

Lease payments often 100% tax-deductible
Lower initial outlay options
VAT spread over term
Flexible end-of-term options

Operating Lease

Lowest monthly cost

Use the machinery for a fixed period, then return it. The finance provider retains residual value risk, which means lower monthly payments for you. Ideal for equipment you want to refresh regularly or where technology obsolescence is a concern.

Lowest monthly payments
Return or upgrade at end of term
Off-balance-sheet option
No residual value risk

FAQs

Machinery Finance Questions Answered

We finance virtually all types of commercial and industrial machinery, including: CNC machining centres and lathes, injection moulding and blow moulding machines, printing presses and finishing equipment, agricultural tractors, combine harvesters and implements, construction plant (excavators, telehandlers, compactors), food processing and packaging machinery, woodworking and metalworking equipment, textile and garment machinery, and specialist process plant. If it has a commercial value, we can usually arrange finance.

Three main options: Hire Purchase (HP) — you own the machinery at the end of the term after paying a nominal option-to-purchase fee. Finance Lease — use the machinery throughout its economic life with flexible end-of-term options; lease payments are typically fully tax-deductible. Operating Lease — lower monthly payments with the option to return or upgrade at term end. Our team helps you choose the right structure for your tax position, cash flow, and ownership objectives.

Deposits typically range from 0% to 20%. Many established businesses can access 100% finance with no deposit required. The deposit needed depends on your credit profile, the age and type of machinery, and the finance product chosen. New machinery typically requires a lower deposit than used equipment. Our team will model the options to show the impact on monthly payments.

Yes — we regularly arrange finance for quality used machinery. Used equipment is subject to age restrictions (usually under 10-15 years at the end of the term, depending on the asset type) and may require a professional valuation for larger amounts. Machinery with strong residual values — such as CNC equipment, agricultural machinery, and certain process plant — often attracts competitive rates even when used.

With Hire Purchase, the machinery appears on your balance sheet and you can claim capital allowances (including the Annual Investment Allowance up to £1m). With Finance Lease and Operating Lease, rental payments are typically fully deductible as a business expense, which can be more efficient for businesses with lower taxable profits. We recommend discussing the options with your accountant, and our team can model both scenarios.

Most machinery finance applications receive a decision within 24-48 hours. Straightforward applications from established businesses often receive same-day indicative terms. The complete process from application to funds release typically takes 3-7 working days, subject to documentation and supplier logistics. For larger or more complex assets, allow 1-2 weeks.

Yes, in most cases. Delivery, installation, training, and commissioning costs can often be included within the finance facility. This is particularly valuable for complex machinery where setup costs are significant. Including all costs in one package avoids depleting working capital on ancillary expenses. Discuss this at the quotation stage and we'll structure accordingly.

You can typically request an early settlement figure from the lender at any time. This covers the outstanding capital plus any early termination charges (usually 1-3 months' interest). Many businesses refinance existing machinery to release equity while upgrading to newer equipment. We can arrange sale and HP-back for equipment you already own, simultaneously funding the new purchase.

Related Finance Solutions

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The full range of HP, lease and operating lease options explained

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Fund machinery imports with letters of credit and purchase order finance

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Manufacturing Machinery

Explore finance for the full range of manufacturing equipment

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Ready to Finance Your Machinery?

Tell us about the equipment you need and we'll find the best lender for your requirements — free, fast, and no obligation.

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No Broker Fees
50+ Lenders
25+ Years Experience
Decisions in 24hrs
AssetFund

AssetFund connects UK businesses with competitive asset finance, equipment leasing, and invoice finance solutions from trusted lenders.

0800 XXX XXXXenquiries@assetfund.co.uk
London, United Kingdom
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AssetFund is a trading name of [Company Name] Limited, registered in England and Wales (Company No. XXXXXXXX). Registered office: [Address]. Our team has over 25 years of experience in financial services. We provide non-regulated funding solutions to UK businesses. We do not charge fees for our services. Finance is subject to status. Terms and conditions apply.

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