Spread the cost of diamond drilling and cutting equipment from £3,000 to £60,000+ with flexible finance options. HP, lease, or refinance
Yes, diamond drilling rigs 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 £3,000 to £60,000, 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.
Typical Cost
£3k – £60k
Approval Speed
24–48 hours
Same-day for < £20k
Rates From
5.7% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical diamond drilling rig price. Indicative only, not a quote.
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
On a purchase price of £18,000: a 10% deposit of £1,800, then 48 monthly payments of £380 at 5.9% APR representative (fixed). Total amount payable £20,040, 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 |
|---|---|---|
| Handheld Diamond Core Drilling Rig | £3,000 - £10,000 (specification class, price not independently verified) | Handheld Core Drilling Rig |
| Rig-Mounted Wall and Floor Drilling System | £8,000 - £25,000 (specification class, price not independently verified) | Rig-Mounted Drilling System |
| Wire Saw Diamond Cutting System | £20,000 - £45,000 (specification class, price not independently verified) | Wire Saw Cutting System |
| Multi-Function Diamond Drilling and Cutting Package | £30,000 - £60,000 (specification class, price not independently verified) | Combined Drilling and Cutting Package |
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
Diamond drilling and cutting equipment is standard plant and machinery and qualifies for capital allowances in the ordinary way. Unlike the higher-value, small-market equipment covered elsewhere in this category, such as tunnelling or piling rigs, diamond drilling equipment is used across a much wider range of smaller contracting businesses, which generally makes the tax and finance position more straightforward and closer to mainstream construction equipment. HP agreements let you claim capital allowances directly; lease payments are deducted as a running cost.
Diamond drilling rigs are bought by concrete cutting, coring and demolition-preparation specialists, and by groundworks and utilities contractors needing precise, controlled openings for pipework, cabling or structural alterations without the vibration and disruption of conventional breaking equipment. Because diamond drilling equipment is used across many smaller contracting businesses rather than concentrated among a handful of specialist firms, it has a considerably more liquid used market than the tunnelling and piling machines covered elsewhere on this site, and lenders generally assess it more like mainstream construction plant, weighing the equipment's own resale value rather than leaning heavily on the underlying contract.
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.