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Feed Bin Finance

Spread the cost of feed bins from £1,500 to £25,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a feed bin?

Yes, feed bins 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 £1,500 to £25,000, 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.

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Typical Cost

£2k – £25k

Approval Speed

24–48 hours

Same-day for single bins

Rates From

6.3% APR

What would a feed bin cost per month?

£6,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical feed bin price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 6.8% APR
Term
12-60 months
Deposit
10-20%
Ownership
Yours at the end
Best for
Businesses wanting to own the feed bin outright

Finance Lease

Rate
From 6.3% APR
Term
12-60 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax efficient; claim payments against profit

Operating Lease

Rate
From 7.0% APR
Term
24-48 months
Deposit
None required
Ownership
Return at end
Best for
Farms wanting to upgrade capacity as stock numbers grow

Representative example

On a purchase price of £6,000: a 10% deposit of £600, then 48 monthly payments of £127 at 5.9% APR representative (fixed). Total amount payable £6,696, 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
Galvanised Steel Feed Hopper on Legs £1,500 - £5,000 (specification class, price not independently verified) Freestanding Feed Hopper
Collinson Bulk Feed Bin, 2-6 tonne £1,800 - £6,000 (specification class, price not independently verified) Freestanding Bulk Feed Bin
Poultry or Pig Feed Bin with Auger Feed System £3,000 - £12,000 (specification class, price not independently verified) Feed Bin with Auger System
Multi-Bin Feed Storage Cluster £10,000 - £25,000 (specification class, price not independently verified) Multi-Bin Feed Cluster

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Tax benefits

A feed bin is a freestanding steel structure mounted on legs and craned into place, which makes it a more comfortable case for the plant and machinery capital allowances regime than a poured or block-built structure such as a cattle shed or a grain store built into a permanent building. Unlike a large grain silo integrated into a farm building, a feed bin is genuinely portable in the way it is delivered and installed, and can generally be relocated by crane if the farm layout changes. HP agreements let you claim capital allowances directly; lease payments are deducted as a running cost.

Market context

Feed bins are typically bought by livestock and poultry farms moving from bagged feed delivered by hand to bulk feed delivered by tanker and blown directly into the bin, which reduces manual handling and storage space taken up by pallets of bags. Replacement or additional bins are usually driven by expanding stock numbers, a change of feed supplier requiring a different bin specification, or a switch from bagged to bulk delivery. Because feed bins are relatively standardised, freestanding steel structures, they hold reasonable resale value and are straightforward for a lender to assess compared with a farm building.

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

Is a feed bin financed the same way as a grain silo?
A feed bin is generally more straightforward to finance than a grain silo, since feed bins are almost always freestanding steel hoppers craned into place on a simple base, without the ambiguity that can apply to a large silo built into a permanent grain store. Most lenders are comfortable treating a feed bin as moveable plant and financing it with hire purchase or a lease, in the same way as other farm equipment.
How is a feed bin installed?
Feed bins are typically delivered pre-assembled or in sections and lifted into position by crane onto a simple concrete pad or base, rather than requiring the extensive groundworks needed for a larger farm building. This relatively simple installation process is part of why feed bins are treated as equipment rather than as a construction project for finance purposes. Depending on access, some installations use a mobile crane on the day of delivery while others use a fixed crane already on site for other building work, so it is worth confirming access requirements with your supplier ahead of the delivery date.
Can I finance multiple feed bins on one agreement?
Yes, most lenders are happy to finance a cluster of feed bins, for example separate bins for different feed types or different livestock groups, under a single agreement, provided the full specification is included in your supplier's quote. This is usually simpler than arranging separate finance for each bin. Grouping several bins together on a single agreement can also make sense if you are planning a phased expansion of stock numbers, since it keeps the paperwork and repayment schedule simpler than running several small agreements in parallel.
What size feed bin do I need?
Bin size is generally specified against your stock numbers, feed consumption rate and how often you want deliveries, which your feed supplier or bin manufacturer will help calculate. Buying a bin with some headroom above current consumption is common practice, since it reduces the frequency of deliveries and gives room for the enterprise to grow without an immediate upgrade. It is also worth checking the bin's filling height against any access restrictions from your feed supplier's delivery tanker, since a bin that is too tall for the site's overhead clearance can cause delivery problems after installation.
How quickly can I get feed bin finance?
Most applications are approved within 24 to 48 hours once a supplier quote is available, and given the relatively low cost of most feed bin purchases, same-day approval is common for single-bin orders. Larger multi-bin clusters may take slightly longer while the lender reviews the full specification. Because feed bins are a relatively standard, well-understood asset for most agricultural lenders, there is rarely a need for the additional site or specification review that slows down larger or more unusual farm building finance applications.

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