Spread the cost of borehole pumps from £2,000 to £100,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.
Yes, borehole pumps 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 £2,000 to £100,000, and most deals are written over 12–60 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
£2k – £100k
Approval Speed
24–48 hours
Same-day for < £25k
Rates From
4.5% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical borehole pump price. Indicative only, not a quote.
Compare borehole pump finance rates from 200+ lenders
Check EligibilityOn 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.
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 |
|---|---|---|
| Grundfos SP Series (4in) | £2,500 – £6,000 | Submersible Borehole Pump (small abstraction) |
| Grundfos SP Series (6-8in) | £8,000 – £25,000 | Submersible Borehole Pump (medium abstraction) |
| Solar borehole pump package, off-grid site (specification class) | £6,000 – £15,000 | Solar Borehole Pump Package |
| 10in high-volume borehole pump, motor 100kW+ (specification class) | £40,000 – £90,000 | High-Volume Borehole Pump (large abstraction/dewatering) |
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Check EligibilityBorehole pumps generally qualify for the Annual Investment Allowance, so the cost can typically be set against taxable profits in the year of purchase. Because a submersible pump can be withdrawn from the borehole and replaced or relocated without disturbing the borehole itself, it is normally treated as moveable plant, distinct from the borehole and its casing, which forms part of the site's fixed infrastructure.
Borehole pumps are bought by farms, food and drinks producers, and industrial sites abstracting their own water rather than relying entirely on mains supply, and by contractors deploying pumps for temporary dewatering on a construction site. Larger abstraction users need an abstraction licence covering the volume they take, and the pump is sized to what that licence and the borehole's yield can actually support, rather than to demand alone. Dewatering contractors working to a defined project programme often match the finance term to that programme rather than the pump's full working life, since the same financed pump can then move on to the next site once the job ends. Replacement is generally driven by the pump or motor wearing out from continuous running, or the borehole yield changing, and a working used market exists for common submersible sizes.
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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