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Overhead Gantry Crane Finance

Spread the cost of an overhead gantry crane from £12,000 to £120,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a overhead gantry crane?

Yes, overhead gantry 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 £12,000 to £120,000, and most deals are written over 24–72 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£12k – £120k

Approval Speed

24–48 hours

Same-day for < £30k

Rates From

5.6% APR

What would a overhead gantry crane cost per month?

£38,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical overhead gantry crane price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 6.0% APR
Term
24–72 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Manufacturers and warehouse operators wanting to own the crane outright

Finance Lease

Rate
From 5.6% APR
Term
24–72 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient; claim 100% of payments against profit

Operating Lease

Rate
From 6.5% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Businesses wanting the crane off balance sheet as production layouts change

Representative example

On a purchase price of £38,000: a 10% deposit of £3,800, then 48 monthly payments of £802 at 5.9% APR representative (fixed). Total amount payable £42,296, 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
Single girder overhead travelling crane, up to 5 tonne £12,000 – £30,000 Single Girder Overhead Crane
Double girder overhead travelling crane, 10–20 tonne £35,000 – £75,000 Double Girder Overhead Crane
Free-standing gantry crane system with runway steelwork £60,000 – £120,000 Free-Standing Gantry System

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Tax benefits

An overhead gantry crane and its hoist are plant and machinery, so they qualify 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. Where installation requires strengthening a roof or wall to carry the runway beams, that structural element may be treated separately from the crane itself, so ask your accountant to apportion a mixed installation invoice before claiming.

Market context

Manufacturers, fabricators, and warehouse operators buy overhead gantry cranes to move heavy loads repeatedly along a fixed run within a building, work that would otherwise need a mobile crane or forklift brought in for every lift. Finance suits this equipment because, although the crane runs on rails fixed within the building, the crane, hoist, and runway beams themselves remain removable machinery rather than part of the building fabric, unlike a passenger lift permanently built into a structure. A tower crane erected and dismantled on a construction site sits at yet another point on that spectrum, being temporary but not fitted to a permanent building at all. Replacement of an overhead crane is typically driven by hoist and motor wear after years of near-daily use, or a business reconfiguring its production floor and needing a different span or capacity, and there is a functional used market for well-maintained cranes removed from a closing or relocating site.

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

Is an overhead gantry crane treated as equipment or as part of the building?
The crane, hoist, and runway beams are generally treated as removable plant and machinery, financeable in the normal way, even though the crane operates on a fixed track within your building. Where the installation requires structural work, such as strengthening the roof or steelwork to carry the runway, that element is sometimes assessed separately from the crane itself, so it is worth clarifying with your supplier and broker at the quote stage.
Can I finance a used overhead crane removed from another site?
Yes, this is a reasonably common way to acquire an overhead crane at lower cost, particularly for smaller single girder systems. Lenders will want to see the crane's inspection and examination history, and confirmation that it has been properly re-erected and tested by a competent installer at the new site before agreeing terms.
What deposit is typical for an overhead gantry crane?
Most hire purchase agreements ask for 10–20% deposit, with finance leases sometimes available with none required for an established manufacturing or warehouse business. Larger free-standing gantry systems with significant runway steelwork tend to sit at the higher end of the finance amount, which can influence the deposit a lender asks for.
How quickly can overhead gantry crane finance be approved?
Straightforward single girder crane deals under £30,000 are commonly approved within 24 to 48 hours once trading details and a supplier quote are provided. Larger double girder or free-standing gantry systems, particularly where structural installation work is involved, typically take longer as the lender reviews the full project scope.

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