Spread the cost of an industrial knitting machine from £8,000 to £150,000+ with flexible finance options. HP, lease, or refinance
Yes, knitting machines 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 £8,000 to £150,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24–72 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£8k – £150k
Approval Speed
24–72 hours
Longer review for high-value machines
Rates From
6.1% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical knitting machine price. Indicative only, not a quote.
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For UK limited companies with 3+ months’ trading and monthly revenue.
On 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 |
|---|---|---|
| Used Flatbed Knitting Machine (spec class, e.g. Stoll, Shima Seiki) | £8,000 – £30,000 | Used Flatbed Machine |
| New Computerised Flatbed Knitting Machine | £30,000 – £80,000 | New Flatbed Machine |
| High-Gauge Production Knitting System | £80,000 – £150,000 | High-Gauge Production System |
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
Industrial knitting machines are moveable plant and machinery and generally qualify for Annual Investment Allowance, letting the cost be deducted from taxable profits in the year of purchase. This applies to the machine and its control system; any dedicated flooring, power supply or climate control work needed to install it is usually treated separately as a building cost. HP agreements let you claim capital allowances directly, while lease payments are deducted as a running cost, which matters given the size of this investment for most knitwear businesses.
Industrial flatbed knitting machines are bought by knitwear manufacturers, technical textile producers and design-led fashion brands bringing production in-house, with gauge and needle bed width chosen to match the yarn and garment shapes being produced rather than business size alone. Because a new computerised machine represents a major capital outlay, many smaller and mid-sized knitwear businesses start with a well-maintained used machine from a specialist textile machinery dealer, and a genuine second-hand market exists for machines from the leading manufacturers. Replacement is generally driven by a need for a different gauge, wider bed or newer software rather than the machine wearing out, since these machines are built for long service lives when maintained properly.
Some specialist lenders consider businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options may be available. Fundably may use a soft credit check for matching, which does not affect your credit score. A hard check may happen if you choose to proceed with a lender.
Explore business funding options through Fundably.
For UK limited companies with 3+ months’ trading and monthly revenue.
Explore business funding options through Fundably.
Check Eligibility →For UK limited companies with at least 3 months’ trading and monthly revenue.