Lifting Beam Finance

Spread the cost of a lifting or spreader beam from £800 to £12,000+ with flexible finance options. HP, lease, or refinance

Can you finance a lifting beam?

Yes, lifting beams 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 £800 to £12,000, and most deals are written over 12–48 months with a deposit of around 10–20%. Decisions typically take same-day. Used machines are financeable too, usually with a shorter term.

Typical Cost

£800 – £12k

Approval Speed

Same-day

For standard beams under £5k

Rates From

6.5% APR

What would a lifting beam cost per month?

Lifting Beam price (ex VAT) £3,500

Deposit 10%

Agreement term 60 months

Annual interest rate 9%

Balloon payment £0

Your estimate

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

Pre-filled with a typical lifting beam price. Indicative only, not a quote.

Finance options

Hire Purchase (HP)

Rate: From 7.0% APR
Term: 12–48 months
Deposit: 10–20%
Ownership: Yours at the end
Best for: Businesses wanting to own the beam outright

Finance Lease

Rate: From 6.5% APR
Term: 12–48 months
Deposit: None required
Ownership: Return or buy (balloon payment)
Best for: Tax-efficient; claim 100% of payments against profit

Operating Lease

Rate: From 7.4% APR
Term: 24–36 months
Deposit: None required
Ownership: Return at end
Best for: Businesses needing a bespoke beam for a fixed-term contract

Representative example

On a purchase price of £3,500: a 10% deposit of £350, then 48 monthly payments of £74 at 5.9% APR representative (fixed). Total amount payable £3,902, 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
Standard fixed lifting beam, 1–5 tonne capacity	£800 – £2,200	Standard Lifting Beam
Adjustable modular lifting beam, 2–10 tonne capacity	£2,500 – £6,000	Adjustable Modular Beam
Bespoke fabricated spreader beam, 5–20 tonne capacity	£4,500 – £12,000	Bespoke Spreader Beam

Tax benefits

A lifting or spreader beam is plant and machinery, so it qualifies for the Annual Investment Allowance, 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.

Market context

Fabricators, steel erectors, and lifting contractors buy lifting and spreader beams to lift long or awkward loads, such as steel sections or plant components, safely from multiple pick points rather than a single hook. Standard fixed-capacity beams are relatively low cost and widely available, while a bespoke beam built to match a specific load or set of lift points is more expensive and often financed as part of the wider crane or hoist package it will be used with, since it rarely makes sense on its own as a standalone agreement given the cost of arranging one. Replacement is generally driven by a new contract requiring a different capacity or spread than existing beams can cover, or wear identified during the thorough examination and inspection regime that applies to all lifting accessories. Standard beams have a modest used market; bespoke beams, being built for a specific load, have very little resale value once that job is finished.

Bad credit?

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.

Frequently asked questions

Can I finance a bespoke lifting beam built for one specific job?

Yes, though because a bespoke beam is built to a particular load and set of lift points, it has little resale value if things go wrong, so lenders will look closely at your trading history and the contract the beam is needed for. Many businesses find it more straightforward to finance a bespoke beam alongside the crane or hoist it will be used with, as part of one wider equipment package.

Is it worth financing a standard lifting beam given the low cost?

For a single standard beam, many smaller businesses buy outright given the modest price. Financing becomes more useful when you're buying several beams of different capacities at once, or including a beam within a larger crane, hoist, or lifting equipment order, where bundling everything into one agreement is simpler than paying cash for one item and financing the rest.

Does the finance cover certification and load testing of the beam?

No, finance covers the purchase cost of the beam itself. Certification, load testing, and the ongoing thorough examination regime that applies to lifting equipment are separate costs arranged with a competent inspecting body, and are worth budgeting for alongside your monthly finance payment.

How quickly can lifting beam finance be approved?

Given the modest ticket size involved for most beams, applications are commonly approved same-day or within 24 hours once a supplier quote and basic trading details are provided. Larger bespoke beams bundled into a bigger crane or hoist package follow the timeline of that wider agreement instead.