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Backup Appliance Finance

Spread the cost of a backup appliance from £2,500 to £80,000+ with flexible finance options: HP, lease or refinance. Compare rates from 40+ lenders.

Can you finance a backup appliance?

Yes, backup appliances are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £2,500 to £80,000, and most deals are written over 24–48 months with a deposit of around 10–20%. Decisions typically take 24 hours. Used machines are financeable too, usually with a shorter term.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£3k – £80k

Approval Speed

24 hours

Same-day for < £30k

Rates From

5.3% APR

What would a backup appliance cost per month?

£15,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical backup appliance price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 5.6% APR
Term
24–48 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Businesses standardising a long-term on-site backup target

Finance Lease

Rate
From 5.3% APR
Term
24–48 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Bundling the appliance and expansion drives into one deductible payment

Operating Lease

Rate
From 6.0% APR
Term
24–36 months
Deposit
None required
Ownership
Return at end
Best for
Scaling backup capacity in step with growing data volumes. Off balance sheet.

Representative example

On a purchase price of £15,000: a 10% deposit of £1,500, then 48 monthly payments of £316 at 5.9% APR representative (fixed). Total amount payable £16,668, including the deposit. The rate you are offered depends on your business and the asset.

What buyers actually specify

Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.

Machine or specification Guide price Type
Synology NAS (dedicated backup target) £2,500 – £8,000 Backup NAS
Dell PowerVault Backup Appliance £8,000 – £30,000 Backup Appliance
NetApp StorageGRID/E-Series £15,000 – £60,000 Enterprise Backup Target
Immutable/Air-Gapped Storage Add-On £3,000 – £15,000 Ransomware-Resilient Storage

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Tax benefits

The backup appliance hardware qualifies for the Annual Investment Allowance, so it can be deducted against taxable profit in the year of purchase on an outright buy or HP agreement, and lease payments are deductible as they are paid. Backup software licences, such as a Veeam or Acronis subscription used to manage the appliance, are treated as a separate running cost and generally cannot be financed on the same schedule as the hardware.

Market context

The typical buyer is a business formalising an on-site backup strategy, often after a near-miss with ransomware, a failed restore test, or a cyber insurance policy that now requires evidence of immutable or air-gapped backups. A backup appliance is one of the clearer cases where the hardware and the software running on it need to be thought about separately for financing purposes: the physical box, drives and enclosure are an asset, while the backup software licence that actually manages the jobs, retention and restores is a subscription that most lenders won't fund. Businesses replacing an appliance typically do so every four to six years as drive capacity and backup software requirements move on.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.

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Frequently asked questions

Can I finance the appliance and the backup software together?
The physical appliance, drives and enclosure can be financed as an asset, but the backup software licence that runs on it, for example a Veeam, Acronis or Datto subscription, is usually billed annually or monthly and treated as a running cost rather than an asset. Ask your supplier to quote the hardware and software separately; most finance agreements will only cover the hardware portion of the total project cost.
Why do lenders separate backup software from the appliance hardware?
A finance agreement is secured against the value of the physical asset, and a software subscription has no resale value if the agreement needs to be recovered, so lenders generally won't fund it on the same terms. This is a common surprise for buyers who receive a single combined quote from a supplier; the actual asset finance quote is usually smaller than the headline figure once licensing is stripped out.
How much backup capacity should I finance?
Most businesses size a backup appliance for three to five years of expected data growth, factoring in retention policy, for example how many versions of a file are kept and for how long, since retention settings can multiply the storage needed well beyond the size of the live data being protected. If growth is uncertain, choosing an appliance that supports adding drives or an expansion shelf later gives you room without overcommitting capital upfront.
Is a backup appliance a good candidate for hire purchase or a lease?
Hire purchase suits a backup target you expect to run for its full service life, typically four to six years, since backup hardware doesn't need refreshing as often as compute. A lease suits a business expecting rapid data growth or planning to move to immutable or cloud-tiered backup within a few years, since it avoids being tied to hardware that is undersized before the finance term ends.
How quickly can backup appliance finance be approved?
Most applications are approved within 24 hours, and backup appliance purchases under £30,000 are often approved the same day, provided the business has a clean credit history and the supplier's quote is straightforward to review. Larger orders, multi-site rollouts, or purchases bundled with other equipment on the same agreement can take a little longer, since the lender needs to review the full specification and how the purchase fits with what the business already has in place.

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