Lendus.

Grow Light System Finance

Spread the cost of horticultural LED grow lighting from £5,000 to £200,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a grow light system?

Yes, grow light systems 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 24–60 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

£5k – £200k

Approval Speed

24–48 hours

Same-day for < £20k

Rates From

5.8% APR

What would a grow light system cost per month?

£45,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical grow light system price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 6.2% APR
Term
24–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Growers wanting to own the lighting rig outright

Finance Lease

Rate
From 5.8% APR
Term
24–60 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient; claim 100% of payments against profit

Operating Lease

Rate
From 6.6% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Upgrade fixtures as LED efficiency improves. Off balance sheet.

Representative example

On a purchase price of £45,000: a 10% deposit of £4,500, then 48 monthly payments of £949 at 5.9% APR representative (fixed). Total amount payable £50,052, 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
Supplementary LED lighting retrofit, single greenhouse bay £5,000 – £18,000 Supplementary Retrofit
Full-spectrum LED lighting rig for a propagation or nursery area £20,000 – £70,000 Propagation Lighting Rig
Commercial glasshouse-wide LED lighting installation £80,000 – £200,000 Glasshouse-Wide Installation

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Tax benefits

Horticultural LED grow lighting, including fixtures, control gear, and dimming systems, is plant and machinery, so it qualifies for the Annual Investment Allowance, letting a business deduct the full cost from taxable profits in year one, up to £1,000,000, where bought under Hire Purchase. Lease payments are instead deducted as a business expense against profits as they fall due. Because a lighting rig is straightforward to remove and relocate, lenders generally treat it as plant regardless of whether it sits inside an owned structure or a leased one.

Market context

Nurseries, propagation specialists, and glasshouse growers extending the growing day or season buy grow light systems, often to supplement low winter light levels or to run a dedicated propagation area independently of daylight. Finance suits this equipment well because a lighting rig is straightforward for a lender to value and, if needed, remove and resell, being bolted to a structure rather than built into it. Replacement is driven mainly by older fixtures running hotter and less efficiently than current LED technology, and by growers extending lighting into new bays as they expand under cover. A steady flow of upgrades from older high-pressure sodium lighting to LED means there is a reasonable used and refurbished market for fixtures still in good working order.

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 I finance replacing old sodium lighting with LED?
Yes, this is one of the most common reasons growers finance a lighting system. Swapping high-pressure sodium fixtures for LED is usually financed as a straightforward equipment upgrade, since the new fixtures, control gear, and any rewiring specific to the lighting are all plant that a lender can assess in the normal way, independent of the structure they are fitted into.
Does the finance cover installation and electrical work as well as the fixtures?
Yes, provided your supplier quotes and invoices the fixtures, control gear, and the electrical work needed to install them as one project. Most lenders will finance this as a single package. If the installation also requires a substantial upgrade to the site's main electrical supply, that element is sometimes assessed separately, so it is worth clarifying with your broker before the quote is finalised.
Can repayments be timed around the growing season rather than year-round?
Some lenders will consider a seasonal repayment structure for growers whose lighting is used most heavily during propagation or short-daylight months, with lighter payments in quieter periods. This is not offered by every funder, so raise it early with your broker and be ready to show how your usage and revenue vary through the year, ideally with a season-by-season forecast rather than a general estimate.
How quickly can grow light system finance be approved?
Straightforward retrofits under £20,000 are commonly approved within 24 to 48 hours once trading details and a supplier quote are provided. Larger glasshouse-wide installations, particularly where electrical infrastructure work is involved, typically take three to five working days as the lender reviews the full project scope and supporting quotes.

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