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Cremator Finance

Spread the cost of a cremator from £150,000 to £450,000+ with flexible finance options: HP, lease or refinance. Compare rates from 40+ lenders.

Can you finance a cremator?

Yes, cremators 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 £150,000 to £450,000, and most deals are written over 36–84 months with a deposit of around 10–20%. Decisions typically take 5–10 working days. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£150k – £450k

Approval Speed

5–10 working days

Case-by-case for higher-value orders

Rates From

6.0% APR

What would a cremator cost per month?

£250,000
10%
60 months
9%
£0

Your estimate

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

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

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Finance options

Hire Purchase (HP)

Rate
From 6.5% APR
Term
36–84 months
Deposit
10–20%
Ownership
Yours at the end
Best for
A crematorium's core cremator, expected to remain in service for its full, long working life

Finance Lease

Rate
From 6.0% APR
Term
36–84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Spreading the cost of a replacement cremator or an emissions abatement upgrade over several years

Operating Lease

Rate
From 6.8% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
A crematorium adding a second chamber to cover peak demand without a full second purchase

Representative example

On a purchase price of £250,000: a 10% deposit of £25,000, then 48 monthly payments of £5,274 at 5.9% APR representative (fixed). Total amount payable £278,152, 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-Chamber Gas-Fired Cremator £150,000 – £300,000 Single-Chamber Cremator
High-Capacity Cremator with Emissions Abatement £300,000 – £450,000+ High-Capacity Cremator with Abatement

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Tax benefits

Cremators qualify for the Annual Investment Allowance, so a purchase or HP agreement can usually be deducted against taxable profit in the year of purchase, and lease payments are deductible in full as they are paid. Installation, commissioning and any building work needed to house the unit are usually invoiced by the installer and can often sit on the same agreement if itemised on the quote.

Market context

Cremators are bought by local authority and private crematorium operators, usually to replace equipment reaching the end of its service life or to add capacity at a busy site. This is one of the largest single equipment purchases a crematorium makes, and because a cremator is expected to remain in service for a great many years, replacement is planned well in advance rather than being an unplanned expense. Cremators are long-life capital assets operating within a stable, low-churn sector, which is a combination lenders in this space generally view favourably when assessing an application. Environmental permitting and emissions standards for cremators are subject to ongoing regulatory requirements, and an operator should confirm current standards with the appropriate environmental regulator before specifying replacement or upgrade equipment, since this affects what a new unit needs to include.

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

Why would a crematorium finance a cremator rather than pay for it from reserves?
A cremator is one of the largest single purchases a crematorium operator makes, and spreading the cost over a finance term means the payment schedule can be matched to ongoing service income rather than requiring a very large lump sum from reserves at once. This is particularly relevant when a unit needs replacing sooner than planned, or when an emissions abatement upgrade is required alongside the cremator itself.
Does cremator finance cover emissions abatement equipment as well as the cremator itself?
Yes, provided it's itemised on the supplier's invoice, abatement and filtration equipment bought alongside a new or replacement cremator can usually be included on the same finance agreement. Since environmental permitting requirements can change what's needed, it's worth confirming current standards with the relevant environmental regulator before finalising the specification. Operators planning a significant upgrade sometimes phase the abatement work separately from the cremator replacement itself, in which case each stage can be financed on its own schedule rather than as a single combined agreement.
How long does a cremator typically stay in service?
A well-maintained cremator has a long service life measured in decades rather than years, which is part of why this equipment sits comfortably with longer finance terms. Operators generally plan a replacement or major refurbishment well ahead of the equipment reaching the end of its working life, rather than facing an unplanned failure. This long service life is one reason finance terms for cremators can extend considerably further than for most other equipment categories, matching the payment schedule to how long the asset is expected to remain productive.
Is hire purchase or a lease better for a cremator?
Most operators choose hire purchase or a finance lease with a longer term, reflecting how long the equipment is expected to remain in service and the operator's intention to own it outright. An operating lease is less common for this category, given the highly specialised and long-life nature of the equipment, but can suit an operator wanting a shorter-term capacity addition.
How quickly can cremator finance be approved?
Given the value and specialised nature of this equipment, most applications take several working days to a few weeks to review, rather than being approved same-day. Lenders will typically want to understand the operator's licensing position, the site's permitting status, and how the purchase fits with the crematorium's wider capital plan before approving finance at this scale. Operators planning a replacement well in advance, which is common practice given the equipment's long service life, generally find this longer review period fits comfortably within their existing capital planning timeline.

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