Lendus.

Heat Pump Finance

Spread the cost of commercial heat pumps from £10,000 to £200,000+ with flexible finance options. HP, lease, or refinance — compare rates from 40+ lenders.

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

Typical Cost

£10k – £200k

Approval Speed

24–48 hours

BUS grants stackable

Rates From

From 4.5% APR

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Finance options

Hire Purchase (HP)

Rate
From 4.9% APR
Term
12–84 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Businesses wanting to own the system and claim RHI

Finance Lease

Rate
From 4.5% APR
Term
12–84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient — claim 100% of payments against profit

Operating Lease

Rate
From 5.2% APR
Term
36–84 months
Deposit
None required
Ownership
Return at end
Best for
Zero upfront cost for decarbonisation. Off balance sheet.

Representative example

Borrow £45,000 over 48 months at 5.9% APR (fixed). Monthly repayment: ~£936. Total amount payable: ~£44,928. Rates depend on your circumstances.

Popular models

Model Price Range Type
Mitsubishi Ecodan CAHV-P500 £25,000 – £45,000 Air Source (Commercial)
Daikin Altherma 3 H HT £15,000 – £30,000 Air Source High Temp
Kensa Shoebox Ground Source £35,000 – £70,000 Ground Source
Samsung EHS Mono HT Quiet £10,000 – £20,000 Air Source Mono

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Tax benefits

Commercial heat pumps qualify for Annual Investment Allowance (AIA) and Enhanced Capital Allowances for energy-saving technology. The Boiler Upgrade Scheme offers grants of up to £7,500. Running costs are typically 30–50% lower than gas boilers.

Market context

UK heat pump installations grew 50% in 2024. The government targets 600,000 heat pump installations per year by 2028. Commercial heat pumps can reduce heating costs by 30–50% compared to gas. The UK has set a target to phase out fossil fuel heating in commercial buildings.

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. Our eligibility check uses a soft search only — no impact on your credit score.

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Frequently asked questions

Are there government grants for heat pumps?
Yes. The Boiler Upgrade Scheme offers up to £7,500 off heat pump installations. We can help combine grant funding with finance to minimise your costs.
What deposit do I need?
For hire purchase, most lenders ask for 10–20% deposit. Finance leases and operating leases often require no deposit. Energy-saving equipment often qualifies for 100% finance.
Will a heat pump reduce my energy bills?
Typically yes. Commercial heat pumps are 3–4x more efficient than gas boilers, meaning energy costs can drop 30–50%. Monthly savings often exceed finance payments.
How quickly can I get heat pump finance?
Most applications are approved within 24–48 hours. For deals under £50k, same-day approval is common.

Guides and resources

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