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EV Charging Station Finance

Spread the cost of commercial EV charging stations from £5,000 to £200,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a ev charging station?

Yes, ev charging stations 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 £200,000, and most deals are written over 12–72 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

£5k – £200k

Approval Speed

24–48 hours

OZEV grants stackable

Rates From

4.8% APR

What would a ev charging station 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 ev charging station price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 5.2% APR
Term
12–72 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Businesses wanting to own chargers and earn revenue

Finance Lease

Rate
From 4.8% APR
Term
12–72 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient, claim 100% of payments against profit

Operating Lease

Rate
From 5.5% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Upgrade as charging tech evolves. Off balance sheet.

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
Rolec WallPod EV HomeSmart £800 – £1,500 7kW AC Charger
Easee One (x10 Installation) £8,000 – £15,000 Workplace 7kW
ABB Terra AC W22-T-R-0 £2,500 – £4,500 22kW AC Charger
Kempower S-Series 150kW £50,000 – £90,000 DC Rapid Charger

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Tax benefits

Equipment for electric vehicle charging points bought new and unused before April 2027 qualifies for 100% first-year allowances, so the full cost comes off taxable profits in the year of purchase. The government's OZEV Workplace Charging Scheme covers up to 75% of purchase and installation, capped at £350 per socket and 40 sockets per applicant. A charge point fixed to a building or its ground becomes part of the property rather than moveable plant, which is why asset lenders treat it differently from a machine.

Market context

EV charge points are bought by workplaces, retail and hospitality sites, fleet depots and car parks wanting to offer charging to staff, customers or their own vehicles, rather than by individual drivers. Finance suits site owners because installation, groundworks and the charge points themselves are usually bundled into one project, avoiding a large upfront outlay for infrastructure that pays for itself gradually as usage builds. Expansion is generally driven by demand outstripping the number of bays available, or by a fleet transitioning to electric vehicles, rather than the hardware wearing out. The used market is limited, so finance is typically structured around the installation contract.

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

Are there grants available alongside EV charger finance?
Government-backed grant schemes for workplace and business EV charging have existed and changed over time, so it is worth checking current eligibility and funding levels directly with the relevant scheme before assuming a specific grant applies to your installation. Where a grant is available, it is generally possible to combine it with finance, reducing the amount you need to borrow for the installation rather than replacing the finance requirement entirely. Your installer should be able to confirm what, if anything, currently applies to your site and charger specification.
What deposit do I need for EV charging station finance?
For hire purchase, most lenders ask for a 10-20% deposit, while finance leases and operating leases can often be arranged with no deposit at all, and some lenders offer 100% finance for EV infrastructure given the growing confidence in the asset class. A larger deposit will still reduce the monthly payment, which is worth weighing against keeping cash free for the wider groundworks and electrical upgrade that often accompanies a new charging installation.
Can EV chargers generate income for the site?
Yes, public-facing chargers can charge users per kWh or per session, and many site owners use this to offset some of the running and finance cost of the installation. How much income a charger actually brings in depends heavily on footfall, location, pricing strategy and how many other chargers are nearby, so it is worth treating any income projection from an installer or platform provider as a planning estimate rather than a guaranteed return before committing to the finance amount.
How quickly can I get EV charger finance?
Most applications are approved within 24-48 hours, and same-day approval is common for deals under £40,000, which covers a modest single or dual-charger installation. A larger multi-bay installation, particularly one involving a significant electrical supply upgrade or groundworks, takes longer to review since the lender needs to assess the full project rather than the chargers alone. Confirming the electrical capacity of the site early in the process helps avoid delays once the finance application is underway.
What happens at the end of an EV charging station finance agreement?
Hire purchase transfers full ownership of the charge points once the agreement is paid off, which suits a business wanting to own its chargers outright and continue earning any usage revenue without a finance payment attached. A finance lease usually offers a balloon payment to take ownership, continued rental, or handover to the funder, while an operating lease is return-only, which suits a site wanting to upgrade as charging speeds and connector standards evolve rather than run the same hardware for its full working life.
Can a new business or landlord finance EV charging infrastructure?
Yes, though a newly formed business or a landlord without an established trading history will usually be asked for a personal guarantee, a higher deposit, or evidence of the site's electrical capacity and expected usage to support the application. Because the used market for EV charging hardware is limited, finance is typically structured around the installation contract itself, so a clear quote from an accredited installer covering equipment, groundworks and commissioning is the key document a lender will want to see.

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