Spread the cost of horizontal directional drills from £25,000 to £600,000+ with flexible finance options. HP, lease, or refinance
Yes, directional drills 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 £25,000 to £600,000, and most deals are written over 12–72 months with a deposit of around 10–20%. Decisions typically take 24–72 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£25k – £600k
Approval Speed
24–72 hours
Same-day for < £75k
Rates From
4.5% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical directional drill 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 £150,000: a 10% deposit of £15,000, then 48 monthly payments of £3,164 at 5.9% APR representative (fixed). Total amount payable £166,872, 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 |
|---|---|---|
| Vermeer Navigator D10x15 S3 | £70,000 – £120,000 | Horizontal Directional Drill (compact/utility) |
| Vermeer Navigator D20x22 | £150,000 – £280,000 | Horizontal Directional Drill (mid-size) |
| Vermeer Navigator D24x40 | £300,000 – £550,000 | Horizontal Directional Drill (large/pipeline) |
| Mini horizontal directional drill, garden/short bores (specification class) | £30,000 – £55,000 | Mini Horizontal Directional Drill |
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For UK limited companies with 3+ months’ trading and monthly revenue.
Directional drills generally qualify for the Annual Investment Allowance, so the cost can typically be set against taxable profits in the year of purchase. As self-propelled mobile plant that moves between sites, directional drills are treated as moveable assets for capital allowance purposes, in the same way as excavators or trenchers.
Directional drills are bought by utility, telecoms and pipeline contractors installing cable and pipe beneath roads, rivers and other obstructions without open-cut trenching. Rig size is chosen to match the bore length and pipe diameter a contractor typically works on, from compact rigs for short utility connections through to large rigs used on cross-country pipeline work, and contractors often finance a rig against a specific type of contract they have secured or expect to win. Because a large rig represents a significant capital commitment relative to a single project's value, many contractors match the finance term to the length of a framework or pipeline contract rather than the rig's full working life, refinancing or moving on to the next contract once it ends. Replacement is generally driven by the drill string, mud system or engine reaching the end of its economic repair life, and a solid used market exists across all rig sizes, supporting both new purchase and refinance of an existing drill.
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.
See how lenders treat water & utilities assets
Explore business funding options through Fundably.
Check Eligibility →For UK limited companies with at least 3 months’ trading and monthly revenue.