Boom lifts cost from around £45,000 for a compact articulating model to £220,000 for a large telescopic unit, financed mainly by construction and utilities businesses needing outdoor reach.
Yes, boom lifts 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 £45,000 to £220,000, and most deals are written over 12-84 months with a deposit of around 10-20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£45k – £220k
Approval Speed
24–48 hours
Same-day for straightforward deals
Rates From
4.5% - 8.4% per annum
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical boom lift price. Indicative only, not a quote.
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
On a purchase price of £110,000: a 10% deposit of £11,000, then 48 monthly payments of £2,320 at 5.9% APR representative (fixed). Total amount payable £122,360, including the deposit. The rate you are offered depends on your business and the asset.
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 |
|---|---|---|
| Genie Z-34/22 | £55,000 - £80,000 | Articulating Boom Lift |
| JLG 450AJ | £75,000 - £110,000 | Compact Diesel Articulating Boom |
| Niftylift HR28H | £85,000 - £120,000 | Hybrid Boom Lift |
| Genie S-65 | £150,000 - £220,000 | Telescopic Boom Lift |
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
A boom lift is treated as plant and machinery for tax purposes, so it qualifies for the Annual Investment Allowance (AIA), letting a business deduct the full cost from taxable profits in the year of purchase, up to the current £1,000,000 annual limit. Companies buying new, unused equipment may also qualify for full expensing, a 100% first-year deduction against Corporation Tax. These allowances apply where you own the asset, so they are available under a Hire Purchase agreement. Under a Finance Lease or Operating Lease you do not own the boom lift outright, so allowances are not claimed directly; instead the payments are generally deducted as a business expense against profits. Always confirm treatment with your accountant before committing to a structure.
Boom lifts are bought by construction, utilities and maintenance businesses that need to reach over obstacles or work at significant outdoor height, where a scissor lift's straight-up-only movement is not enough. Articulating booms suit sites with obstructions, while telescopic booms suit maximum straight-line reach on open sites such as warehouse construction or steelwork. Businesses financing a boom lift typically have consistent height-access work across multiple projects, while occasional users tend to hire. Replacement is driven by hydraulic system and turntable wear, and the used market is active, supported by LOLER inspection records that give clear evidence of condition.
Some specialist lenders consider businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options may be available. Fundably may use a soft credit check for matching, which does not affect your credit score. A hard check may happen if you choose to proceed with a lender.
Explore business funding options through Fundably.
For UK limited companies with 3+ months’ trading and monthly revenue.
Explore business funding options through Fundably.
Check Eligibility →For UK limited companies with at least 3 months’ trading and monthly revenue.