L
Lendus

Excavator Finance

Spread the cost of excavators from £15,000 to £350,000+ with flexible finance options. HP, lease, or refinance — compare rates from 40+ lenders.

60-second enquiry
🔒No credit check
📊200+ lenders
🇬🇧UK-based advisors
Typical cost range
£15,000 – £350,000
Average: £95,000
Finance available
HP · Lease · Refinance
From 4.4% APR
Approval speed
24–48 hours
Same-day for < £100k

Get Excavator finance quotes

Tell us what you need and we'll match you with lenders who specialise in construction & plant.

No credit check · No obligation · Free, instant comparison

Finance Options for Excavators

Hire Purchase (HP)
RateFrom 4.8% APR
Term12–84 months
Deposit10–20%
OwnershipYours at the end
Best for: Businesses wanting to own the excavator outright
Finance Lease
RateFrom 4.4% APR
Term12–84 months
DepositNone required
OwnershipReturn or buy (balloon payment)
Best for: Tax-efficient — claim 100% of payments against profit
Operating Lease
RateFrom 5.1% APR
Term24–60 months
DepositNone required
OwnershipReturn at end
Best for: Upgrade to the latest models regularly. Off balance sheet.

Popular Excavator Models & Costs

CAT 320 GC£130,000 – £200,00020-Tonne Tracked Excavator
Komatsu PC210£120,000 – £180,00021-Tonne Tracked Excavator
Volvo EC220E£130,000 – £190,00022-Tonne Tracked Excavator
JCB JS131£70,000 – £100,00013-Tonne Tracked Excavator

Tax Benefits of Excavator Finance

Excavators qualify for Annual Investment Allowance (AIA), letting you deduct the full purchase cost from taxable profits in year one — up to £1,000,000. HP agreements allow you to claim capital allowances. Lease payments are typically fully deductible from profits.

UK Excavator Market

Over 15,000 new excavators are sold in the UK each year. The UK excavator market is worth £2.1bn annually. Mini and midi excavators (under 10 tonnes) account for 60% of all UK excavator sales.

Frequently Asked Questions

Asset Finance Calculator
Coming soon — pre-populated with Excavator average cost of £95,000

Related Equipment Finance