Care Home Laundry Finance

Spread the cost of care home laundry equipment from £4,000 to £45,000 with flexible finance options. HP, lease, or refinance

Can you finance a care home laundry?

Yes, care home laundrys 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 £4,000 to £45,000, and most deals are written over 24–60 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

£4k – £45k

Approval Speed

24–48 hours

Longer for full laundry room fit-outs

Rates From

4.5% APR

What would a care home laundry cost per month?

Care Home Laundry price (ex VAT) £16,000

Deposit 10%

Agreement term 60 months

Annual interest rate 9%

Balloon payment £0

Your estimate

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

Pre-filled with a typical care home laundry price. Indicative only, not a quote.

Finance options

Hire Purchase (HP)

Rate: From 4.9% APR
Term: 24–60 months
Deposit: 10–20%
Ownership: Yours at the end
Best for: Care homes wanting to own laundry equipment outright

Finance Lease

Rate: From 4.5% APR
Term: 24–60 months
Deposit: None required
Ownership: Return or buy (balloon payment)
Best for: Tax-efficient, claim 100% of payments against profit

Operating Lease

Rate: From 5.2% APR
Term: 36–60 months
Deposit: None required
Ownership: Return at end
Best for: Keep laundry equipment serviced and current without capital outlay

Representative example

On a purchase price of £16,000: a 10% deposit of £1,600, then 48 monthly payments of £338 at 5.9% APR representative (fixed). Total amount payable £17,824, 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
Barrier Washer-Extractor (8-14kg, infection-control class)	£4,000 – £9,000	Barrier Washer
Barrier Washer-Extractor (20-32kg, infection-control class)	£9,000 – £18,000	Barrier Washer
Commercial Tumble Dryer (10-15kg class)	£2,500 – £6,000	Tumble Dryer
Full Laundry Room Package (barrier washer, dryer, ironer)	£15,000 – £45,000	Laundry Package

Tax benefits

Commercial washer-extractors, dryers and ironers are moveable plant and generally qualify for the Annual Investment Allowance (AIA), letting a care provider deduct the full cost from taxable profits in the year of purchase, up to £1,000,000, subject to the normal AIA rules. HP gives access to capital allowances directly; lease payments are normally deductible from profits as a business expense. Machines are usually plumbed and vented into a dedicated laundry room but remain freestanding items that can be unbolted and replaced, so they are generally treated as plant rather than as part of the building itself.

Market context

Care home laundry equipment is bought by care homes and nursing homes registered with the Care Quality Commission in England, or the equivalent regulator elsewhere in the UK, where a barrier washing system, separating dirty and clean laundry through the machine to control cross-infection, is a standard expectation rather than a discretionary upgrade. Machine capacity is sized to the number of beds and the volume of bedding and personal laundry generated daily, so a larger home runs bigger or more numerous machines than a smaller one. Replacement is driven mainly by machine hours, the cost of ongoing repairs, and disinfection cycle performance rather than a fixed age, and an established used market exists through commercial laundry equipment resellers who recondition and re-certify machines.

Frequently asked questions

Can I finance a full laundry room fit-out?

Yes. Lenders finance a complete package of washer-extractors, dryers and ironers under a single agreement, which suits a care home fitting out or replacing a whole laundry room rather than buying one machine at a time. This is more straightforward than arranging separate finance for each piece of equipment and can secure a better overall rate. Funds can typically be drawn down in stages as each part of the order is delivered, which suits a project completed over several weeks rather than in one single delivery.

Can I finance used or refurbished laundry equipment?

Yes. Most lenders finance refurbished commercial washer-extractors and dryers from established laundry equipment resellers, provided the machines have been serviced and carry a current safety certificate. This is a common route for a smaller home managing costs carefully, since refurbished barrier washers can meet the same infection control standard as new equipment at a lower price. Ask the supplier for full service and inspection records before agreeing a price, since clear provenance makes the equipment easier to value and can improve the terms on offer.

What deposit do I need?

For hire purchase, most lenders ask for a 10-20% deposit. Finance leases and operating leases often require no deposit, which helps where a machine failure needs replacing quickly rather than as part of a planned budget item. A larger deposit reduces the monthly payment across a full laundry room package. A larger deposit is worth considering if you would rather keep monthly payments as low as possible, though most buyers in this sector choose a smaller deposit to preserve working capital.

How quickly can laundry equipment finance be approved?

Most applications are approved within 24-48 hours once the supplier quote is confirmed. Because a laundry breakdown affects a home's day-to-day operation directly, lenders working in the care sector are generally set up for fast turnaround on replacement machines, though a full laundry room fit-out involving plumbing and ventilation work may take a little longer to finalise. Having your last set of accounts and a recent bank statement ready before applying is the easiest way to avoid the process taking longer than it needs to.