Lendus.

Crucible Furnace Finance

Spread the cost of crucible furnaces from £8,000 to £150,000+ with flexible finance options. HP, lease or refinance; compare rates from 40+ lenders.

Can you finance a crucible furnace?

Yes, crucible furnaces 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 £150,000, and most deals are written over 12–84 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£8k – £150k

Approval Speed

24–48 hours

Same-day for < £100k

Rates From

4.5% APR

What would a crucible furnace cost per month?

£40,000
10%
60 months
9%
£0

Your estimate

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

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

Compare crucible furnace finance rates from 200+ lenders

Check Eligibility

Finance options

Hire Purchase (HP)

Rate
From 4.9% APR
Term
12–84 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Foundries and casting workshops wanting to own their melting equipment outright

Finance Lease

Rate
From 4.5% APR
Term
12–84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax efficient; claim 100% of payments against profit

Operating Lease

Rate
From 5.2% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Off balance sheet, always current with the latest model.

Representative example

On a purchase price of £40,000: a 10% deposit of £4,000, then 48 monthly payments of £844 at 5.9% APR representative (fixed). Total amount payable £44,512, 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
Gas-fired tilting crucible furnace, small capacity £8,000 – £30,000 Small Gas-Fired Crucible Furnace (specification class)
Electric resistance crucible furnace, medium capacity £30,000 – £80,000 Medium Electric Crucible Furnace (specification class)
Gas-fired tilting crucible furnace, large capacity with fume extraction £80,000 – £150,000 Large Crucible Furnace (specification class)

Ready to compare crucible furnace finance? 2 minutes, no credit check.

Check Eligibility

Tax benefits

Crucible furnaces qualify for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in the year of purchase, up to £1,000,000 for qualifying plant and machinery. HP agreements let you claim capital allowances on the asset; lease payments are generally deducted as an operating expense over the term.

Market context

Crucible furnaces are bought by smaller art, jewellery and non-ferrous foundries, and by workshops melting aluminium, bronze or precious metals in lower volumes than an induction furnace would justify. Furnaces and heat treatment plant are heavy, need a significant electrical supply, and often require planning or environmental permitting for emissions before the site can operate the equipment. Installation and commissioning, including the electrical infeed, foundations and any flue or abatement work, is frequently a large share of the total project cost, and is not always financeable on the same agreement as the equipment itself. Even at the smaller end of the crucible furnace range, gas-fired units need a suitable flue and fuel supply and electric units need adequate power, so this is worth confirming with a supplier before committing to a site. Buyers finance a crucible furnace because it's often bought alongside other foundry setup costs, tools, safety equipment and the workshop fit-out itself, and spreading the furnace cost leaves more working capital for that wider setup. Replacement is usually driven by needing more capacity or switching from gas to electric melting for better temperature control, rather than the furnace failing, since the shell and burner or elements are durable and the crucible itself is the routine replacement item.

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.

Compare rates from 200+ lenders, takes 2 minutes.

Check Eligibility

Frequently asked questions

Can I finance a used crucible furnace?
Yes. Crucible furnaces are mechanically simple, so lenders will finance used equipment readily. The crucible itself is a wear item that's usually replaced rather than transferred with the sale, so factor a new crucible into your budget separately from the finance agreement covering the furnace shell and burner or elements. It's worth having photos, the serial number and any service or maintenance records ready when you apply, since this is exactly the evidence a lender looks for to support a used equipment application and can speed up the decision.
What deposit is typical for a crucible furnace?
Hire purchase deals commonly ask for a 10-20% deposit, while finance leases and operating leases often require none. Given that crucible furnaces sit well below induction furnaces on cost, many smaller casting workshops and art foundries find a lease structure keeps the upfront outlay manageable. Putting down a larger deposit than the minimum can also strengthen an application from a newer or smaller business, since it reduces the amount the lender is exposed to over the term and can unlock a better rate.
Do I need planning permission or an environmental permit for a crucible furnace?
It depends on the fuel type, capacity and what's being melted; a small electric crucible furnace in an existing light industrial unit may need little beyond standard planning use, while a larger gas-fired furnace melting non-ferrous metal at volume is more likely to need environmental permitting for emissions. This should be checked with your local authority alongside your equipment purchase, since it affects the site rather than the furnace itself.
How quickly can I get crucible furnace finance approved?
Most applications are approved within 24 to 48 hours, with same-day approval common for deals under £100,000, which covers most crucible furnace purchases. Larger, fully-specified furnaces with fume extraction may take slightly longer if the lender wants full details of the installation. Having your latest accounts, bank statements and a signed supplier quote ready before you apply is the single biggest factor in reaching a decision at the faster end of that timescale.

Related equipment finance

More foundry & heat treatment finance

See how lenders treat foundry & heat treatment assets

Guides and resources

Ready to finance your crucible furnace?

Compare rates from 200+ lenders. No credit check.

Check Eligibility →
Check Eligibility, 2 min, no credit check