Spread the cost of a dowelling or horizontal boring machine from £3,000 to £40,000 with flexible finance options. HP, lease, or refinance
Yes, dowel machines 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 £40,000, 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 – £40k
Approval Speed
24–48 hours
Same-day for < £15k
Rates From
5.3% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical dowel machine 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 £12,000: a 10% deposit of £1,200, then 48 monthly payments of £253 at 5.9% APR representative (fixed). Total amount payable £13,344, 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 |
|---|---|---|
| Portable dowel/pocket-hole system (Lamello/Domino class) | £800 – £2,500 | Portable Dowelling Tool |
| Single-head horizontal boring machine (workshop class) | £3,000 – £8,000 | Horizontal Boring Machine |
| Multi-spindle dowelling machine (Biesse/SCM class) | £8,000 – £20,000 | Multi-Spindle Dowel Inserter |
| Automatic dowel insertion line (Weinig/SCM class) | £20,000 – £40,000 | Automatic Dowel Line |
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For UK limited companies with 3+ months’ trading and monthly revenue.
Dowel machines qualify for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one, up to £1,000,000. HP agreements allow capital allowances. Lease payments are fully deductible.
Dowel machines are bought by furniture, cabinet and kitchen manufacturers moving from hand-held jointing tools to a bench or floor-standing machine that bores and inserts dowels accurately and repeatably across a batch of panels. Finance suits this purchase because it is usually made alongside other joinery upgrades, such as an edgebander or panel saw, and businesses want to spread the whole line rather than pay cash for each piece individually. Replacement is generally driven by needing more spindles, a faster cycle time, or automatic dowel feeding as batch sizes grow, rather than the machine wearing out. Multi-spindle and automatic dowel lines are specialist items with a smaller used market than general joinery machinery, so new equipment finance is more common in this category than for saws or planers. Three-phase power is typically needed for anything beyond a portable dowelling tool, and drilling dust and offcuts should be planned into the workshop's extraction.
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.