Lendus.

Griddle Finance

Spread the cost of griddle from £500 to £6,000+ with flexible finance options. HP, lease, or refinance; compare rates from 40+ lenders.

Can you finance a griddle?

Yes, griddles 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 £500 to £6,000, 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

£500 – £6k

Approval Speed

24–48 hours

Same-day for < £25k

Rates From

6.3% APR

What would a griddle cost per month?

£1,800
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical griddle 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
Griddle buyers wanting to own it 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 100% of payments against profit

Operating Lease

Rate
From 7.0% APR
Term
24–60 months
Deposit
1–3 rentals in advance
Ownership
Return at end
Best for
Upgrade griddle regularly. Off balance sheet.

Representative example

On a purchase price of £1,800: a 10% deposit of £180, then 48 monthly payments of £38 at 5.9% APR representative (fixed). Total amount payable £2,004, 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
600mm chrome griddle plate £500 – £900 Countertop Griddle
900mm griddle, gas or electric £900 – £1,800 Mid-Size Griddle
1200mm heavy-duty griddle £1,800 – £3,200 Large-Capacity Griddle

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Tax benefits

Griddle equipment qualifies for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one, up to £1,000,000. HP allows capital allowances. Lease payments are fully deductible against profit.

Market context

Griddles sit in almost every café, pub kitchen, and breakfast-led site, and buyers are typically replacing a worn plate or adding capacity as covers grow rather than fitting out a kitchen from scratch. It is one of the simplest and most durable pieces of catering equipment to finance, since a chrome or steel griddle plate has a long working life and straightforward resale value. Most operators finance a griddle only as part of a wider kitchen order, since on its own the ticket size is often small enough to buy outright.

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 it worth financing a griddle on its own, given the low price?
For a single countertop griddle under about £1,000, many operators simply buy it outright rather than arrange finance, since the admin can outweigh the benefit. It becomes worthwhile once you are replacing several pieces of cooking equipment together, or adding a large-capacity griddle as part of a bigger order, where spreading the combined cost protects cash flow more meaningfully. Ask your supplier for a combined quote so this option is easy to compare.
Can I finance a griddle together with its extraction and gas connection?
You can usually bundle the griddle with other cooking equipment on the same finance agreement. The gas connection and any extraction canopy work are typically kept separate, because they are installation costs rather than equipment costs, and most lenders draw that line clearly. If your supplier quotes one combined invoice, ask them to itemise equipment against installation so the lender can assess it accurately.
Do I need a deposit for a griddle-only agreement?
Where a griddle is financed on its own, some lenders will still ask for 10–20% deposit on hire purchase, though minimum finance amounts mean many will only take on the deal if it is bundled with other kitchen equipment. Finance leases are usually deposit-free but are also more often offered on combined orders than on a single low-value item. It is worth asking your supplier to itemise the invoice clearly either way.
Can a start-up café finance a griddle without trading history?
Given the low cost of most griddles, this is one of the easier items for a new business to finance, often on director credit history alone rather than full company accounts. A personal guarantee is still likely to be required, but the modest ticket size means lenders can usually move quickly, particularly where the griddle is part of a wider first kitchen order rather than a single standalone purchase on its own.

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