Lendus.

Hook Loader Finance

Spread the cost of hook loaders from £80,000 to £115,000+ with flexible finance options. HP, lease, or refinance – compare rates from 40+ lenders.

Can you finance a hook loader?

Yes, hook loaders 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 £80,000 to £115,000, and most deals are written over 24–72 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

£80k – £115k

Approval Speed

24–48 hours

Same-day for < £100k

Rates From

4.7% APR

What would a hook loader cost per month?

£92,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical hook loader price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 5.1% APR
Term
24–72 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Waste and construction firms wanting to own the vehicle outright

Finance Lease

Rate
From 4.7% APR
Term
24–72 months
Deposit
None required
Ownership
Return, refinance the balloon, or buy at the end
Best for
Tax-efficient way to finance the hook gear alongside the chassis

Contract Hire

Rate
From 5.4% APR
Term
24–60 months
Deposit
None required
Ownership
Return at the end
Best for
Fleets wanting the hook loader chassis renewed on a fixed cycle with maintenance managed

Representative example

On a purchase price of £92,000: a 10% deposit of £9,200, then 48 monthly payments of £1,941 at 5.9% APR representative (fixed). Total amount payable £102,368, 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
DAF CF Hook Loader £80,000 – £105,000 26t Hook Loader
Scania P-Series Hook Loader £80,000 – £105,000 Hook Loader
Volvo FM Hook Loader £85,000 – £110,000 Hook Loader
Mercedes-Benz Actros Hook Loader £85,000 – £115,000 Hook Loader

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Tax benefits

A hook loader's lifting frame and hydraulics are invoiced with the chassis and both qualify together as plant and machinery for the Annual Investment Allowance, so the full cost is normally deductible in year one, up to £1,000,000. VAT on hire purchase is generally due upfront on the combined invoice; finance lease and contract hire spread it across the rentals instead, useful given how much the loading equipment adds to a hook loader's price over a plain rigid chassis.

Market context

Hook loaders are bought by waste management companies, demolition and construction firms, and plant hire businesses that need to swap different roll-on/roll-off containers, skips, or bulk bins on and off the same chassis rather than being tied to one fixed body. This flexibility is the main reason operators choose a hook loader over a fixed skip or tipper body, and it's a common vehicle for firms servicing multiple types of waste or material stream from one truck. Replacement is usually driven by the hook gear's hydraulics and frame wear as much as the chassis mileage, since the lifting mechanism works hard on every load.

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 a used hook loader?
Yes. Most lenders will finance a used hook loader up to around 10 years old at the start of the agreement, and some will go older case by case. Rates on used equipment typically run 0.5–1% higher than new because residual values are less certain. An independent inspection or valuation is common for older or higher-value vehicles before the lender confirms terms.
What deposit do I need for hook loader finance?
For hire purchase, most lenders ask for 10–20% deposit. Finance lease and contract hire agreements often need no deposit at all, since the lender keeps an interest in the hook loader throughout the term. Putting down a larger deposit reduces your monthly payments and can unlock a better rate, but it isn't compulsory on most deals; it's a trade-off between cash flow today and the total cost of the agreement.
How quickly can I get hook loader finance approved?
Straightforward applications for a hook loader under £100k are commonly approved within 24–48 hours, and same-day decisions are possible once paperwork (bank statements, accounts, proof of ID) is in. Larger or more complex deals, multiple units, or first-time applicants without a strong trading history usually take longer, sometimes 5–7 working days, while the lender reviews the business case and, for higher-value assets, arranges an inspection.
Do I need to have been trading for a minimum period?
Most mainstream lenders look for 2+ years of trading history before offering standard rates and terms on hook loader finance. Newer businesses aren't automatically excluded, but they may be asked for a personal guarantee from a director, additional security, a higher deposit, or a shorter term to offset the extra risk. Start-ups sometimes do better going through a broker who can match them to a lender that specialises in newer businesses.
Are the containers or skips included in hook loader finance?
Not usually. A hook loader finance agreement almost always covers the chassis and the hook lifting gear itself, not the roll-on/roll-off containers, skips, or bins it carries, since those are typically bought or leased separately and in larger numbers than the truck. Some lenders will finance an initial batch of containers alongside the truck as a separate line within the same application, so it's worth asking if you need both funded at once.

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