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Irrigation Boom Finance

Spread the cost of a field irrigation boom from £15,000 to £120,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a irrigation boom?

Yes, irrigation booms 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 £120,000, and most deals are written over 36–84 months with a deposit of around 15–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£15k – £120k

Approval Speed

24–48 hours

Same-day for < £40k

Rates From

5.2% APR

What would a irrigation boom cost per month?

£40,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical irrigation boom price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 5.5% APR
Term
36–84 months
Deposit
15–20%
Ownership
Yours at the end
Best for
Growers irrigating the same fields season after season

Finance Lease

Rate
From 5.2% APR
Term
36–84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient, claim 100% of payments against profit

Operating Lease

Rate
From 6.0% APR
Term
48–60 months
Deposit
None required
Ownership
Return at end
Best for
Growers who move irrigation coverage between rented land from year to year

Representative example

On a purchase price of £40,000: a 10% deposit of £4,000, then 48 monthly payments of £844 at 5.9% APR representative (fixed). Total amount payable £44,512, 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
Static or gantry irrigation boom (single field, fixed span) £15,000 – £35,000 Static gantry boom
Towable hose reel travelling irrigator £20,000 – £45,000 Hose reel irrigator
Self-propelled linear irrigation boom (multi-hectare) £50,000 – £90,000 Linear boom irrigator
Centre pivot irrigation system £70,000 – £120,000 Centre pivot system

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Tax benefits

An irrigation boom, hose reel irrigator or pivot system is mobile plant and machinery, towed or moved between fields rather than fixed to the land, and qualifies for the Annual Investment Allowance up to £1,000,000 in the year of purchase. This is a more straightforward tax position than a buried irrigation main or reservoir, which is closer to a land improvement; where a project combines a boom with fixed infrastructure, ask your accountant to separate the two on the contractor's invoice.

Market context

Irrigation booms are bought by field vegetable growers, salad and potato growers, and market gardens on light land where a dry spell can put an unirrigated crop at risk. Finance suits this purchase because the boom, reel or pivot has to be bought and ready ahead of a growing season when the weather cannot be relied on, and spreading the cost avoids drawing on the working capital a grower needs for seed, fertiliser and labour at the same point in the calendar. Replacement is driven mainly by hose, reel and pump wear from repeated seasonal use, and by corrosion on gantry and pivot structures left out in the field over many years, rather than by sudden failure. There is a reasonably active secondhand market for hose reel and boom irrigators among UK growers, with used equipment regularly traded as farms change cropping plans or upgrade to larger coverage.

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

What's the difference between a hose reel irrigator and a linear or pivot boom?
A hose reel irrigator is towed between fields and reeled out to cover a plot before being moved on, making it flexible for growers who irrigate several different fields through a season. A linear or centre pivot boom covers a fixed area continuously and suits a grower irrigating the same large block repeatedly. The right choice depends on how your cropping and field layout change year to year, and your finance broker can help match the term to how you plan to use it.
What deposit is typical for irrigation boom finance?
Expect 15–20% on hire purchase, in line with other mobile field equipment. Finance and operating leases are often available with no deposit for growers with an established trading history, particularly where the equipment is a well-recognised commercial brand with a strong secondhand market. A newer grower, or one financing irrigation equipment for the first time, may be asked for a deposit at the higher end of the range until a track record of seasonal repayments is established.
Can I finance a used irrigation boom?
Yes, there is a reasonably active secondhand market for hose reel and boom irrigators in the UK, and most lenders will finance a used unit provided it has a reasonable service history. Expect the lender to ask about the age of the pump and reel mechanism, since these components take the most wear.
Are seasonal payment options available for irrigation equipment?
Yes. Many agricultural lenders offer seasonal payment profiles structured around when a grower's income actually arrives, rather than fixed equal monthly payments, which can suit irrigation equipment bought ahead of a growing season and used most intensively over just a few summer months.

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