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Micro Piling Rig Finance

Finance for micro piling and restricted-access piling rigs from £60,000 to £450,000. A small UK market means lenders weigh the works contract alongside the rig's specification.

Can you finance a micro piling rig?

Yes, micro piling rigs 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 £60,000 to £450,000, and most deals are written over 24-60 months with a deposit of around 15-25%. Decisions typically take 1–3 weeks. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£60k – £450k

Approval Speed

1–3 weeks

Faster for established contractors with a strong trading history

Rates From

7.2% APR

What would a micro piling rig cost per month?

£180,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical micro piling rig price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 7.2% APR
Term
24-60 months
Deposit
15-25%
Ownership
Yours at the end
Best for
Established specialist piling contractors

Contract-Backed Asset Finance

Rate
Rate set against the underlying contract
Term
Matched to contract duration
Deposit
Negotiated per deal
Ownership
Yours at the end, or aligned to contract completion
Best for
Rigs bought against a specific restricted-access or foundation contract

Asset Refinance

Rate
From 7.7% APR
Term
24-48 months
Deposit
None required
Ownership
Release capital tied up in an owned rig
Best for
Contractors wanting to release capital between contracts

Representative example

On a purchase price of £180,000: a 10% deposit of £18,000, then 48 monthly payments of £3,797 at 5.9% APR representative (fixed). Total amount payable £200,256, 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
Used Restricted-Access Mini Piling Rig £60,000 - £150,000 (specification class, price not independently verified) Restricted-Access Mini Piling Rig
Comacchio Compact Piling Rig £80,000 - £220,000 (specification class, price not independently verified) Compact Piling Rig
Soilmec SM-14 Anchor and Micropiling Rig Price on application (specification class £120,000 - £300,000) Anchor and Micropiling Rig
Casagrande C6 Micro Piling Rig Price on application (specification class £150,000 - £350,000) Micro Piling Rig

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Tax benefits

Micro piling rigs are plant and machinery and qualify for capital allowances in principle in the same way as other specialist construction equipment. As with the wider tunnelling and ground engineering category, values are high relative to a mainstream machine and the number of UK operators is relatively small, so it is worth getting specific advice on your rig and its intended use rather than assuming a general treatment applies without checking.

Market context

Micro piling rigs are bought by specialist geotechnical and foundation contractors, often working on restricted-access sites such as basements, conservatories, extensions to listed buildings, or confined urban plots where a standard-size piling rig cannot manoeuvre. Because these rigs are relatively few in number and are often configured for a specific access constraint or ground condition, lenders financing this equipment weigh the works contract behind the purchase alongside the rig's specification, in a similar way to the wider tunnelling and piling category, rather than relying mainly on an assumption about resale value. A price on application market is common for both new and used rigs in this category, reflecting the specialist, deal-by-deal nature of how they are bought and sold.

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 makes a micro piling rig different to a standard piling rig?
A micro piling rig is generally smaller and more compact than a standard piling rig, designed to access restricted or confined sites such as basements, extensions, or urban plots where a full-size rig cannot manoeuvre or where headroom is limited. This specialisation is reflected in a smaller UK market and a higher relative value than the size of the machine alone might suggest, which is part of why lenders treat this category differently to mainstream piling equipment.
Do lenders expect to see a specific contract before financing a micro piling rig?
Given the specialist and relatively small used market for this equipment, many lenders active in this category will want reasonable evidence of the work the rig is intended for, particularly for newer or less established businesses, though an established contractor with a strong trading history may find this less strictly required than for the very highest-value tunnelling machines. A specialist broker can advise what a specific lender is likely to want to see for your circumstances.
Can I finance a used micro piling rig?
Yes, and given how many listings for this equipment are priced on application rather than at a fixed price, an independent valuation is often a sensible step before finalising finance on a used rig, regardless of whether the lender requires one. This helps confirm the rig's condition and fair market value given the more limited comparable sales data available compared with mainstream construction plant.
What deposit is typical for micro piling rig finance?
Deposits are generally higher than for mainstream construction equipment, often in the region of 15 to 25% for hire purchase, reflecting the specialist nature and smaller used market for this equipment. Where finance is arranged against a specific contract, the deposit and structure are often negotiated individually. An established contractor with a strong asset base and a long trading history may be offered a lower deposit than a newer business, since the lender has more information to assess affordability and risk beyond the contract itself.
How long does micro piling rig finance take to arrange?
Timescales are typically longer than for mainstream construction equipment, often 1 to 3 weeks, since the lender will usually want to review both the rig's specification and, particularly for newer businesses, the contract or pipeline of work it will be used for. Having your recent contract history, trading accounts and, where available, evidence of upcoming work ready before you apply can meaningfully shorten this timescale, since much of the delay tends to come from gathering this information after the application has started.

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