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Charcoal Grill Finance

Spread the cost of charcoal grill from £1,500 to £20,000+ with flexible finance options. HP, lease, or refinance; compare rates from 40+ lenders.

Can you finance a charcoal grill?

Yes, charcoal grills 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 £1,500 to £20,000, and most deals are written over 24–60 months with a deposit of around 10–15%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£2k – £20k

Approval Speed

24–48 hours

Same-day for < £25k

Rates From

5.6% APR

What would a charcoal grill cost per month?

£9,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical charcoal grill price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 6.0% APR
Term
24–60 months
Deposit
10–15%
Ownership
Yours at the end
Best for
Charcoal Grill buyers wanting to own it outright

Finance Lease

Rate
From 5.6% 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 6.3% APR
Term
24–60 months
Deposit
1–3 rentals in advance
Ownership
Return at end
Best for
Upgrade charcoal grill regularly. Off balance sheet.

Representative example

On a purchase price of £9,000: a 10% deposit of £900, then 48 monthly payments of £190 at 5.9% APR representative (fixed). Total amount payable £10,020, 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
Freestanding charcoal chargrill, 600mm £1,500 – £3,500 Compact Charcoal Grill
Spanish-style charcoal oven, 60–90cm £8,000 – £16,000 Charcoal Oven
Large-format charcoal grill/rotisserie £12,000 – £20,000 High-Output Charcoal Grill

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Tax benefits

Charcoal grill equipment qualifies for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one, up to £1,000,000. HP allows capital allowances. Lease payments are fully deductible against profit.

Market context

Buyers span basic chargrills bought by pubs and burger sites through to the Spanish-style charcoal ovens that have become a signature centrepiece in higher-end grill restaurants, a market dominated by a small number of specialist manufacturers. The gap in price between the two ends of the market is large, which is why the cheaper units are often bought outright while the specialist ovens, which cost as much as a small combi oven and are usually the reason customers book a table, are more often financed to protect cash for the rest of the fit-out.

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

Do specialist charcoal ovens need extra flue and extraction work that isn't financeable?
Almost always, yes. A dedicated charcoal oven produces significant heat and smoke, so it typically needs its own flue run and a bespoke extraction canopy sized for it, both of which are treated as building and installation work rather than equipment. Budget for this separately; on many charcoal oven projects the flue and canopy end up costing a similar amount to the oven itself, and lenders will not fold that into a standard equipment agreement.
Is a charcoal oven treated as higher risk than a gas or electric grill by lenders?
Slightly, mainly because it is a specialist item with a narrower pool of buyers if a lender ever needs to resell it, and because it usually sits in a higher-spend restaurant concept where trading performance matters more to the credit decision. Expect a modest premium on the rate compared with a standard grill, and more scrutiny of the wider restaurant's trading figures if it is a new opening.
Can I finance a used charcoal oven?
Yes, though the used market is smaller and more specialist than for general kitchen equipment, so expect the lender to want evidence of servicing and a working demonstration or engineer's report before approval. Because these ovens are built to last for many years with basic maintenance, a well-cared-for used unit is not unusual, but sourcing one takes longer than buying new.
What deposit and term should I expect for a charcoal grill or charcoal oven?
For hire purchase, expect 10–15% deposit on an established restaurant business, over terms of 24–60 months. Specialist charcoal ovens at the higher end of the price range may need a larger deposit given the narrower resale market compared with mainstream cooking equipment. New restaurant openings should expect a personal guarantee alongside evidence of a signed lease and a realistic trading forecast, in line with how hospitality start-ups are generally assessed by lenders.

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