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Commercial Fridge Finance

Spread the cost of commercial fridge from £900 to £8,000+ with flexible finance options. HP, lease, or refinance; compare rates from 40+ lenders.

Can you finance a commercial fridge?

Yes, commercial fridges 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 £900 to £8,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£900 – £8k

Approval Speed

24–48 hours

Same-day for < £25k

Rates From

6.3% APR

What would a commercial fridge cost per month?

£2,800
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical commercial fridge price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 6.8% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Commercial Fridge buyers wanting to own it outright

Finance Lease

Rate
From 6.3% APR
Term
12–60 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient; claim 100% of payments against profit

Operating Lease

Rate
From 7.0% APR
Term
24–60 months
Deposit
1–3 rentals in advance
Ownership
Return at end
Best for
Upgrade commercial fridge regularly. Off balance sheet.

Representative example

On a purchase price of £2,800: a 10% deposit of £280, then 48 monthly payments of £59 at 5.9% APR representative (fixed). Total amount payable £3,112, 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
Single door upright fridge, 600–700L £1,600 – £2,600 Upright Fridge
Undercounter fridge £1,400 – £2,200 Undercounter Fridge
Double door upright fridge £2,800 – £4,500 Double Door Fridge

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Tax benefits

Commercial fridge 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

Every catering business needs at least one commercial fridge, and buyers range from a single-site café replacing a tired unit to a restaurant group standardising cold storage across several kitchens. Upright and undercounter fridges from the established UK refrigeration manufacturers are built to run continuously and hold decent resale value if serviced, which supports both a new and a used market. Most operators finance fridges as part of a wider equipment order rather than as a single item, since the ticket size on its own is often modest.

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 several fridges for a multi-site refit at once?
Yes, this is one of the most common ways commercial fridges are financed. Ordering multiple units across several sites on one supplier invoice and financing them together usually secures a better rate than financing each fridge separately, and gives you one repayment schedule to manage instead of several. It also reduces the paperwork burden considerably, since a refurbishment covering, say, six sites is handled as one credit decision and one repayment schedule rather than six separate applications to track.
Is a used commercial fridge easy to finance?
Yes, provided it comes from a reputable used-equipment dealer with a recent service check and, ideally, a short warranty. Lenders typically finance used refrigeration up to around 5 years old. Because fridges run around the clock, a documented service history matters more to the credit decision than it does for equipment used only during service hours. Ask the seller for this in writing before you submit the application.
What is the typical deposit for a fridge?
Most lenders ask for 10–20% deposit on hire purchase, with finance leases usually available deposit-free. Given the modest price of most single fridges, approval is normally quick, and many established catering businesses get a same-day decision. Ordering several fridges together, or combining them with other kitchen equipment on the same supplier invoice, does not usually change this deposit expectation, but it can help secure a marginally better overall rate.
Can a start-up café or restaurant finance its first fridge?
Yes, though a new business without trading history will usually be asked for a personal guarantee and a slightly larger deposit than an established site would face. Because commercial fridges hold reasonable resale value and are well understood by lenders, this is generally one of the more accessible items for a first-time operator to finance, particularly when bundled with other opening-day kitchen equipment on the same supplier invoice.

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