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Functional Rig Finance

Spread the cost of a functional training rig from £8,000 to £120,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a functional rig?

Yes, functional rigs 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 £8,000 to £120,000, 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.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£8k – £120k

Approval Speed

24–48 hours

Same-day for < £50k

Rates From

5.3% APR

What would a functional rig cost per month?

£30,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical functional rig price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 5.8% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Gyms wanting to own their rig outright

Finance Lease

Rate
From 5.3% APR
Term
12–60 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax efficient; claim 100% of payments against profit

Operating Lease

Rate
From 6.0% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Suits studios expanding functional training without a large upfront cost. Off balance sheet.

Representative example

On a purchase price of £30,000: a 10% deposit of £3,000, then 48 monthly payments of £633 at 5.9% APR representative (fixed). Total amount payable £33,384, 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
Watson Modular Rig (4-Bay) £10,000 – £18,000 Modular Rig
Eleiko Rig System (6-Bay) £18,000 – £32,000 Modular Rig
Technogym Skillmill & Rig Zone £25,000 – £50,000 Functional Training Zone
Full Functional Training Rig (8+ Bay) £40,000 – £90,000 Large-Scale Rig

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Tax benefits

A functional training rig is treated as moveable plant and machinery and generally qualifies for Annual Investment Allowance, letting the cost be deducted from taxable profits in the year of purchase, provided it is bolted down for stability rather than permanently built into the structure of the building. HP agreements let you claim capital allowances directly; lease payments are deducted as a running cost instead. A specialist accountant should confirm treatment where a rig is anchored into a reinforced concrete floor as part of the building design.

Market context

Functional rigs are financed by gyms and studios building out a dedicated space for pull-up, suspension and cross-training work, typically sized in bays to match expected class or peak-time capacity rather than bought as a single fixed unit. Modular rig systems are chosen over a fixed welded structure specifically because bays can be added later without replacing the whole rig, which lets a gym grow its functional training offering in stages as demand justifies it. Because a rig is bolted to the floor for stability rather than welded into the building, it generally remains classed as a moveable, demountable structure and can be relocated if a gym moves premises, though the floor anchoring and any load-bearing checks needed for a heavily used rig should be confirmed with the installer and, for leased premises, the landlord before installation.

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

Can a functional rig be financed as equipment even though it's bolted to the floor?
Yes, in most cases. A rig is bolted down for stability during use, typically pull-ups, suspension training and Olympic lifting, but it remains a demountable structure that can be unbolted and relocated. This is different from something welded permanently into the building fabric, and it is why lenders generally treat a rig as moveable plant rather than requiring an unsecured loan the way they would for fixed building works.
Can I finance a rig in stages as I add bays?
Yes. Modular rig systems are specifically designed to let bays be added later, and many gyms finance an initial rig on one agreement, then finance additional bays as a separate agreement once demand justifies the expansion. This is one of the main reasons gyms choose a modular rig over a single fixed structure. A specialist broker comparing quotes across multiple lenders can usually confirm which product and rate best fits your specific circumstances within the same working day.
Do I need landlord consent to install a rig in a leased unit?
It is sensible to confirm with your landlord before installation, particularly regarding floor anchoring and the load a busy rig places on the floor slab, even though the rig itself remains a bolted, demountable structure rather than a permanent building alteration. This is a lighter requirement than for fixed fit-out work such as partitioning, but still worth checking against your lease.
Can I finance a rig alongside other functional training equipment?
Yes. Most lenders will bundle a rig with kettlebells, sleds, battle ropes and other functional training kit into a single agreement provided everything is on the same supplier invoice. This is a common way to fund a complete functional training zone rather than financing the rig on its own. A specialist broker comparing quotes across multiple lenders can usually confirm which product and rate best fits your specific circumstances within the same working day.
How quickly can I get functional rig finance?
Most applications are approved within 24 to 48 hours. For orders under £50,000, same-day approval is common. Larger rig installations, particularly those requiring a structural floor check, may take a few days longer while the lender reviews the specification. Where a quote mixes new and used functional rig, or covers more than one site, it is sensible to allow a little extra time while the lender reviews the full specification before releasing funds.

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