Lendus.

Lathe Finance

Spread the cost of CNC and manual lathes from £8,000 to £300,000+ 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

£8k – £300k

Approval Speed

24–48 hours

Same-day for < £75k

Rates From

From 4.6% APR

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Finance options

Hire Purchase (HP)

Rate
From 5.0% APR
Term
12–72 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Machine shops wanting to own the lathe outright

Finance Lease

Rate
From 4.6% APR
Term
12–72 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient — claim 100% of payments against profit

Operating Lease

Rate
From 5.3% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Upgrade to latest turning technology. Off balance sheet.

Representative example

Borrow £55,000 over 48 months at 5.9% APR (fixed). Monthly repayment: ~£1,144. Total amount payable: ~£54,912. Rates depend on your circumstances.

Popular models

Model Price Range Type
Mazak QT-250MSY £65,000 – £100,000 CNC Turning Centre
DMG Mori NLX 2500 £80,000 – £140,000 CNC Lathe
Colchester Tornado A90 £35,000 – £55,000 CNC Lathe
Haas ST-20Y £45,000 – £70,000 CNC Turning Centre

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Tax benefits

Lathes qualify for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one — up to £1,000,000. HP agreements allow capital allowances. Lease payments are fully deductible.

Market context

The UK turning and machining sector is worth £4.5bn. CNC lathes account for 85% of new lathe sales in the UK. Multi-axis turning centres with live tooling are the fastest-growing segment.

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

Can I finance a used lathe?
Yes. Most lenders finance used lathes up to 10 years old. CNC models retain value better than manual. An independent valuation is required for machines over 5 years old.
What deposit do I need?
For hire purchase, most lenders ask for 10–20% deposit. Finance leases and operating leases often require no deposit. Larger deposits reduce monthly payments.
How quickly can I get lathe finance?
Most applications are approved within 24–48 hours. For deals under £75k, same-day approval is common. Larger machines may take 3–5 working days.
Do I need to have been trading for a minimum period?
Most lenders require 2+ years trading history. Newer businesses can still access finance but may need a personal guarantee or higher deposit.

Guides and resources

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