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Combi Oven Finance

Spread the cost of combi oven from £4,000 to £35,000+ with flexible finance options. HP, lease, or refinance; compare rates from 40+ lenders.

Can you finance a combi oven?

Yes, combi ovens 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 £35,000, 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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2-minute application
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Typical Cost

£4k – £35k

Approval Speed

24–48 hours

Same-day for < £25k

Rates From

5.6% APR

What would a combi oven cost per month?

£14,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical combi oven 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
Combi Oven 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 combi oven regularly. Off balance sheet.

Representative example

On a purchase price of £14,000: a 10% deposit of £1,400, then 48 monthly payments of £295 at 5.9% APR representative (fixed). Total amount payable £15,560, 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
Rational CombiMaster Plus 6-1/1 £4,995 – £8,500 Compact Combi Oven
Lincat Invoq 6-Grid £13,857 – £18,000 Electric Combi Oven
10 grid combi oven, freestanding £16,000 – £24,000 High-Volume Combi Oven
Reconditioned combi oven (2–4 years old) £6,000 – £11,000 Refurbished Combi Oven

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Tax benefits

Combi oven 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

The typical buyer is a restaurant, pub kitchen, hotel, or contract caterer replacing an ageing or unreliable unit rather than opening from scratch. A combi oven runs for most of the trading day, so lenders treat it as heavily used, well-maintained kit that holds resale value if serviced properly. That has supported a genuine secondhand and reconditioned market alongside new sales, and most operators choose finance over an outright purchase so cash stays free for stock, staff, and 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

Can I finance a used or reconditioned combi oven?
Yes. Reconditioned combi ovens from specialist dealers are financed routinely, usually up to 5–8 years old provided there is a service history and a warranty from the seller. Lenders price used equipment slightly higher than new because resale value falls faster, but the difference is usually small next to the saving on the purchase price itself. Ask the dealer for a written service record before you apply, since it speeds up the credit decision.
Does the gas or electrical connection get financed as well?
Sometimes, but not automatically. Most lenders will finance the oven itself without question; connecting it to a gas supply, upgrading electrics, or extending an extraction run is treated as a separate installation cost. Some lenders will roll a modest, clearly itemised installation invoice into the same agreement, especially for HP. If the connection work is a large share of the total, ask the lender directly before assuming it is covered, since it varies case by case.
I'm opening my first site. Will trading history stop me getting approved?
It makes it harder but not impossible. Hospitality has a reputation among lenders as a higher-churn sector, so a business under 12–24 months old will usually be asked for a personal guarantee, a larger deposit, and evidence such as a signed lease and a realistic business plan. Some lenders specialise in start-up hospitality finance and will look past limited trading history if the equipment itself is easy to resell, which a combi oven usually is.
What deposit should I expect?
For hire purchase, most lenders ask for 10–15% deposit on a combi oven, reflecting its strong resale value compared with fixtures like furniture. Finance leases and operating leases are usually available with no deposit at all. A larger deposit mainly reduces the monthly payment rather than the rate you are offered, so it is worth comparing both before deciding how much cash to put in upfront.

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