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Degreasing Tank Finance

Spread the cost of degreasing tanks from £5,000 to £150,000+ with flexible finance options. HP, lease or refinance; compare rates from 40+ lenders.

Can you finance a degreasing tank?

Yes, degreasing tanks 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 £5,000 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.

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Typical Cost

£5k – £150k

Approval Speed

24–48 hours

Same-day for < £100k

Rates From

4.5% APR

What would a degreasing tank cost per month?

£35,000
10%
60 months
9%
£0

Your estimate

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

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

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Finance options

Hire Purchase (HP)

Rate
From 4.9% APR
Term
12–84 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Metal finishers wanting to own their cleaning and pre-treatment 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 £35,000: a 10% deposit of £3,500, then 48 monthly payments of £738 at 5.9% APR representative (fixed). Total amount payable £38,924, 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-stage aqueous degreasing tank £5,000 – £20,000 Single-Stage Aqueous Degreasing Tank (specification class)
Multi-stage aqueous degreasing and rinse system £20,000 – £60,000 Multi-Stage Degreasing System (specification class)
Enclosed vapour degreasing unit with solvent recovery £60,000 – £150,000 Vapour Degreasing Unit with Solvent Recovery (specification class)

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Tax benefits

Degreasing tanks qualify for Annual Investment Allowance (AIA), meaning you can 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.

Market context

Degreasing tanks are bought by metal finishers, fabricators and general engineering businesses as the cleaning stage ahead of plating, painting, welding or inspection, removing cutting oils, forming lubricants and general contamination from a component's surface. Where the process is a wet chemical wash rather than solvent vapour degreasing, the tank produces a wastewater stream that typically needs treating or consenting before discharge, so buyers weigh this alongside the equipment cost when planning a degreasing installation; solvent vapour degreasing units instead need effective solvent recovery and emissions control. Buyers finance a degreasing tank because it's frequently bought alongside a plating, painting or powder coating line as the first stage of a wider pre-treatment process, and financing the two together on one agreement is simpler than a separate cash purchase for the smaller item. Replacement is usually driven by moving from single-stage aqueous cleaning to a multi-stage system for better rinse quality, or from solvent vapour degreasing to an aqueous process for lower solvent handling and disposal overhead, rather than the tank itself wearing out, since the vessel and heating system are durable.

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 degreasing tank alongside a plating or coating line?
Yes, and it's common. Where a degreasing tank is bought as the pre-treatment stage of a wider plating, anodising or powder coating project, most lenders will include it in the same agreement as the main line, provided everything is itemised on the supplier's invoice. Combining the purchases onto a single invoice and a single agreement is usually simpler to administer than financing each item separately, and can also reduce the total paperwork involved.
Does an aqueous degreasing tank need a discharge permit?
Often yes, since the wash and rinse stages produce a wastewater stream that typically needs treating or a discharge consent before it can go to drain, similar to the position on plating and anodising lines, though usually at a smaller scale. This is a site-specific question to confirm with your local environmental regulator alongside your equipment purchase. Lenders in this sector are used to seeing the permitting position confirmed as part of a finance application, so having it documented early avoids delay once you're ready to draw down funds.
Can I finance a used degreasing tank?
Yes. Aqueous degreasing tanks are mechanically simple and lenders will finance used equipment readily. A vapour degreasing unit with solvent recovery has more to check, given the sealed system and solvent handling, so a service record for the recovery system is worth having ready. 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 degreasing tank?
Hire purchase deals typically ask for a 10-20% deposit, while finance leases and operating leases often need none. Where the tank is financed alongside a larger plating or coating line, the deposit is usually calculated on the combined invoice value. 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.

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