Spread the cost of a commercial heat pump from £15,000 to £150,000 with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.
Yes, commercial heat pumps 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 £15,000 to £150,000, and most deals are written over 36–84 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£15k – £150k
Approval Speed
24–48 hours
3–5 days for large multi-unit projects
Rates From
6.0% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical commercial heat pump price. Indicative only, not a quote.
Compare commercial heat pump finance rates from 200+ lenders
Check EligibilityOn 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.
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 |
|---|---|---|
| Mitsubishi Ecodan CAHV commercial air source heat pump | £20,000 – £45,000 (indicative, confirm current price with a Mitsubishi Electric dealer) | Commercial Air Source Heat Pump |
| Mitsubishi Ecodan QAHV high-temperature heat pump | £30,000 – £60,000 (indicative, confirm current price with a Mitsubishi Electric dealer) | High-Temperature Heat Pump |
| Small commercial ASHP for an office or retail unit (specification class) | £15,000 – £30,000 | Small Commercial ASHP |
| Multi-unit ground source heat pump array for a larger building (specification class) | £70,000 – £150,000 | Ground Source Heat Pump Array |
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Check EligibilityHow a commercial heat pump is taxed and financed depends heavily on how it's installed. A heat pump plumbed into a building's heating system, with pipework, controls and often internal fan coil units built into the fabric of the building, is generally treated as a fixture rather than free-standing plant, which changes the capital allowances position (fixtures of this kind typically sit in the special rate pool rather than qualifying in full the way genuinely moveable equipment does) and can also affect whether an asset finance lender is willing to lend against the unit alone, since it can't easily be removed and resold if a deal goes wrong. This is worth confirming with your accountant and lender before signing, particularly on a large installation with extensive internal pipework.
Commercial heat pumps are bought by businesses replacing an ageing gas boiler, by new-build commercial developments designing heating in from the start, and by landlords and operators responding to tightening minimum energy efficiency standards on commercial buildings. Because a heat pump installation usually involves significant pipework, controls and sometimes underfloor heating or fan coil units built into the building, most buyers finance the whole installed system rather than the heat pump unit alone, and the fixture question above is central to how that finance is structured. Replacement is generally driven by an existing boiler or heat pump reaching the end of its working life or a landlord needing to meet a compliance deadline, rather than a straightforward like-for-like swap, since a heat pump installation is a more involved project than fitting a new boiler.
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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