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Click Collect Locker Finance

Spread the cost of a click and collect locker bank from £8,000 to £120,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a click collect locker?

Yes, click collect lockers 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 £8,000 to £120,000, and most deals are written over 24–48 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£8k – £120k

Approval Speed

24–48 hours

Same-day for < £40k

Rates From

6.2% APR

What would a click collect locker cost per month?

£32,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical click collect locker price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 6.6% APR
Term
24–48 months
Deposit
10–20%
Ownership
Yours at the end
Best for
A single site keeping the same equipment for several years

Finance Lease

Rate
From 6.2% APR
Term
24–48 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Deducting the full payment against profit

Operating Lease

Rate
From 6.9% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Multi-site retailers refreshing equipment across the estate on the same cycle

Representative example

On a purchase price of £32,000: a 10% deposit of £3,200, then 48 monthly payments of £675 at 5.9% APR representative (fixed). Total amount payable £35,600, 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
Compact Locker Bank (up to 20 compartments) £8,000 – £20,000 Compact Locker Bank
Mid-Size Locker Wall (40–80 compartments) £25,000 – £55,000 Mid-Size Locker Wall
Refrigerated/Ambient Split Locker System £40,000 – £90,000 Temperature-Split Locker
Large-Format Multi-Bank Installation £70,000 – £120,000 Large-Format Installation

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Tax benefits

This equipment qualifies for the Annual Investment Allowance, so a purchase or HP agreement can be deducted against taxable profit in the year of purchase. Finance lease payments are typically deductible in full from profit as they are paid, and refinancing an owned asset does not change its capital allowances position.

Market context

Click and collect lockers are bought by retailers and grocers wanting to separate online order collection from staffed counter service, freeing up till and customer service time while giving shoppers a self-service pickup option outside staffed hours. As with other retail technology here, chains rolling out click and collect across multiple stores typically size the finance to the programme rather than one locker bank at a time, and compartment count and whether refrigeration is needed depend heavily on order volume and whether groceries or ambient goods are being collected. Replacement or expansion is usually driven by order volumes outgrowing the existing compartment count, or a move to add refrigerated compartments to support grocery collection that the original ambient-only bank cannot handle.

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

How many locker compartments does a store need?
It depends heavily on daily online order volume and how quickly customers collect after being notified. A store with modest online order volume might manage with 20-30 compartments, while a busy grocery collection point could need 80 or more, often split between refrigerated and ambient sections. Retailers rolling out across multiple stores commonly size each site individually against its own online order data rather than using one standard configuration.
Does a refrigerated locker system cost significantly more to finance?
Yes, adding refrigerated compartments for chilled or frozen grocery collection increases both the equipment cost and the ongoing running cost compared with an ambient-only locker bank, since it needs its own cooling system and monitoring. Many retailers install a smaller number of refrigerated compartments alongside a larger ambient bank rather than refrigerating the whole system, sizing the split to their actual grocery order mix.
Can a new retail site finance a click and collect locker system?
Yes, though a newly opened store without trading history will usually be asked for a personal guarantee, a higher deposit, or projected online order volumes to support the application, since the lender has no actual collection data to assess sizing against. An established retailer adding lockers to an existing store, or rolling the format out to further sites once the first location is proven, generally moves through the application more easily using that trading and order-volume history as evidence.
What happens at the end of a click and collect locker finance agreement?
Hire purchase transfers full ownership of the locker bank once the agreement is paid off, which suits a single site planning to run the same system for several years. A finance lease usually offers a balloon payment to take ownership, continued rental, or handover to the funder, while an operating lease is return-only, which suits a multi-site retailer refreshing equipment across the estate on the same cycle, particularly as compartment counts and refrigeration needs shift with changing order volumes over time.
Does locker finance include the software that manages collections?
Usually not. The locker hardware, cabinets, compartment doors, screen and access control, is what is financed through HP or lease. The software platform that assigns orders to compartments, sends collection codes to customers and integrates with the retailer's order management system is typically a separate subscription. As with EPOS and other retail technology, keeping the hardware and software costs clearly separated on your supplier quote makes it easier to apply for finance on only the eligible equipment.
How quickly can click and collect locker finance be approved?
A single compact or mid-size locker bank under £40,000 is commonly approved within 48 hours. Larger or refrigerated systems, and multi-site rollout facilities, typically take one to two weeks as the lender reviews the fuller specification. For a refrigerated system specifically, having the split between ambient and refrigerated compartments confirmed upfront helps the lender assess the specification without needing to query it partway through the review.

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