Spread the cost of a workshop jib crane from £3,000 to £30,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.
Yes, jib cranes 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 £3,000 to £30,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£3k – £30k
Approval Speed
24–48 hours
Same-day for < £10k
Rates From
5.7% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical jib crane price. Indicative only, not a quote.
Compare jib crane finance rates from 200+ lenders
Check EligibilityOn a purchase price of £11,000: a 10% deposit of £1,100, then 48 monthly payments of £232 at 5.9% APR representative (fixed). Total amount payable £12,236, 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 |
|---|---|---|
| Wall-mounted slewing jib crane, up to 1 tonne | £3,000 – £8,000 | Wall-Mounted Jib Crane |
| Free-standing pillar jib crane, 2–5 tonne | £8,000 – £20,000 | Pillar Jib Crane |
| Articulated jib crane with extended reach, workstation use | £15,000 – £30,000 | Articulated Jib Crane |
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Check EligibilityA jib crane and its hoist are plant and machinery, qualifying for the Annual Investment Allowance and letting a business deduct the full cost from taxable profits in the year of purchase, up to £1,000,000, under Hire Purchase. Lease payments are instead deducted as a business expense against profits as they fall due.
Workshops, fabricators, and light manufacturers buy jib cranes to give a single workstation repeated lifting capacity, whether wall-mounted to save floor space or free-standing on a pillar, without the cost and disruption of a full overhead crane system. Finance suits this equipment well because a jib crane is a relatively low-cost, easily specified item that most lenders are comfortable approving quickly. Replacement is typically driven by a business reorganising its shop floor and needing coverage at a different workstation, or an older hoist becoming unreliable after years of frequent use, rather than a fixed age. Being bolted to a wall, floor, or pillar rather than built into the fabric of the building, a jib crane is straightforward removable plant, closer in that sense to a mobile crane than to a fixed installation, and a modest but functional used market exists for well-maintained units.
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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