Finance furnaces and induction heating equipment for foundries and heat treatment specialists. Compare lenders through Lendus and apply for finance online.
10 equipment finance pages in this category, covering purchases from £3k to £900k.
Foundries, forges and heat treatment specialists most often use hire purchase to finance furnaces and induction equipment, because these are long-life, energy-intensive assets a business intends to own and run for fifteen years or more rather than upgrade on a technology cycle. Because the resale market for a used furnace is thin and specialist, lenders weigh the business's supply contracts and trading record more heavily than they would for equipment with broader resale demand.
Buyers are metal casting foundries, forges and heat treatment specialists supplying manufacturing, automotive and aerospace supply chains. Capacity is typically added in large steps rather than incrementally, since a business generally installs a whole new furnace or induction line to meet a specific increase in demand rather than upgrading part of an existing one, which makes each equipment purchase a significant single event relative to the business's normal cash flow.
Hire purchase is the natural fit for furnaces and induction heating equipment, because these machines are built to run for fifteen years or more and a foundry or heat treatment business genuinely intends to keep using the same equipment for the bulk of that life. Leasing rarely suits this category well, since the technology involved does not date the way IT hardware or diagnostic equipment does, so there is little benefit to a shorter refresh cycle that leasing would otherwise provide.
The secondary market for furnaces and induction equipment is thin and specialist, with relatively few buyers outside the trade for a used unit, which means lenders financing this equipment lean more heavily on the business's supply contracts and trading record than on the resale value of the furnace itself. This is a meaningful difference from more liquid categories like vehicles or construction plant. Long-standing supply relationships with well-known customers carry real weight in that assessment.
The mistake we see most often is assuming a furnace is as straightforward to finance as more common industrial equipment, when in practice this is a genuinely specialist asset class, and a lender experienced in foundry and heat treatment finance, rather than a general equipment finance panel, is usually better placed to structure the deal appropriately and price it fairly. Asking a broker with existing foundry sector experience, rather than approaching a generalist panel directly, usually produces a better outcome.
Compare foundry and heat treatment equipment finance from 200+ UK lenders
Check EligibilityEach page carries the price range we see quoted in the UK, the finance options that suit that specific item, and the questions buyers ask before signing.
| Equipment | Typical price range | Decision time | Page |
|---|---|---|---|
| Annealing Oven | £12k to £250k | 24–48 hours | Annealing Oven finance |
| Core Making Machine | £25k to £300k | 24–48 hours | Core Making Machine finance |
| Crucible Furnace | £8k to £150k | 24–48 hours | Crucible Furnace finance |
| Die Casting Machine | £50k to £800k | 24–48 hours | Die Casting Machine finance |
| Heat Treatment Furnace | £15k to £400k | 24–48 hours | Heat Treatment Furnace finance |
| Induction Furnace | £40k to £900k | 24–48 hours | Induction Furnace finance |
| Ladle | £3k to £80k | 24–48 hours | Ladle finance |
| Quench Tank | £8k to £120k | 24–48 hours | Quench Tank finance |
| Sand Mixer | £10k to £120k | 24–48 hours | Sand Mixer finance |
| Shot Blast Machine | £20k to £250k | 24–48 hours | Shot Blast Machine finance |
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