Crawler cranes typically cost £180,000 to £700,000+ for mid-capacity machines; most UK contractors and crane hire firms finance them through HP or lease rather than tying up working capital.
Yes, crawler cranes 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 £180,000 to £700,000, and most deals are written over 36–84 months with a deposit of around 15–25%. Decisions typically take 5–10 working days. Used machines are financeable too, usually with a shorter term.
Typical Cost
£180k – £700k
Approval Speed
5–10 working days
Full underwriting for higher-value units
Rates From
5.6% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical crawler crane price. Indicative only, not a quote.
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For UK limited companies with 3+ months’ trading and monthly revenue.
On a purchase price of £350,000: a 10% deposit of £35,000, then 48 monthly payments of £7,383 at 5.9% APR representative (fixed). Total amount payable £389,384, including the deposit. The rate you are offered depends on your business and the asset.
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 lattice-boom crawler crane, 40–80 tonne class | £180,000 – £320,000 | Compact Crawler Crane |
| Mid-capacity crawler crane, 100–150 tonne class | £320,000 – £550,000 | Mid-Capacity Crawler Crane |
| Heavy-lift crawler crane, 200 tonne class and above | £550,000 – £700,000+ | Heavy-Lift Crawler Crane |
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For UK limited companies with 3+ months’ trading and monthly revenue.
A crawler crane is plant and machinery for tax purposes, so it qualifies for the Annual Investment Allowance, letting a business deduct the full cost from taxable profits in the year of purchase, up to the current £1,000,000 limit, where bought under Hire Purchase. Under a Finance Lease or Operating Lease you do not own the crane outright, so the rental payments are generally deducted as a business expense against profits instead.
Crawler cranes are bought mainly by specialist crane hire companies and major contractors who need very high lifting capacities on infrastructure, energy, and large-scale construction projects, since the crawler tracks give a crawler crane the ground bearing and stability a wheeled crane cannot match on soft or uneven ground. Finance is common because these are among the most expensive individual items of plant a contractor will buy, and spreading the cost protects capital needed elsewhere across a project. Replacement is driven mainly by certification, hours run, and thorough examination and inspection history rather than a fixed age, since a well-maintained crawler crane can remain productive for decades. A crawler crane cannot be driven on public roads and must be transported and rebuilt on each site, which puts it closer to a tower crane than a mobile crane on the moveable-plant spectrum, and the used market reflects that: thinner, more specialist, and driven heavily by documented condition and provenance rather than age alone.
Some specialist lenders consider businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options may be available. Fundably may use a soft credit check for matching, which does not affect your credit score. A hard check may happen if you choose to proceed with a lender.
Explore business funding options through Fundably.
For UK limited companies with 3+ months’ trading and monthly revenue.
Explore business funding options through Fundably.
Check Eligibility →For UK limited companies with at least 3 months’ trading and monthly revenue.