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Overlocker Finance

Spread the cost of an industrial overlocker from £500 to £6,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a overlocker?

Yes, overlockers 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 £500 to £6,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24 hours. Used machines are financeable too, usually with a shorter term.

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2-minute application
No credit check to apply
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Typical Cost

£500 – £6k

Approval Speed

24 hours

Same-day for < £5k

Rates From

5.8% APR

What would a overlocker cost per month?

£1,500
10%
60 months
9%
£0

Your estimate

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

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

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Finance options

Hire Purchase (HP)

Rate
From 6.3% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Garment makers wanting to own the machine outright

Finance Lease

Rate
From 5.8% APR
Term
12–60 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax efficient; claim 100% of payments against profit

Operating Lease

Rate
From 6.6% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Refresh equipment on a shorter cycle. Off balance sheet.

Representative example

On a purchase price of £1,500: a 10% deposit of £150, then 48 monthly payments of £32 at 5.9% APR representative (fixed). Total amount payable £1,686, 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
3/4 Thread Industrial Overlocker (spec class, e.g. Jack, Juki) £500 – £1,200 3/4 Thread Overlock
5 Thread Safety Stitch Overlocker £1,200 – £2,500 5 Thread Safety Stitch
Automated Overlock Production Cell £2,500 – £6,000 Multi-Machine Cell

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Tax benefits

Overlockers are moveable equipment and generally qualify for Annual Investment Allowance, letting the full cost be deducted from taxable profits in the year of purchase. This covers the machine, its table, stand and motor. HP agreements let you claim capital allowances directly, while finance lease and operating lease payments are deducted as a running cost instead, which some growing garment businesses prefer while cash is tied up in stock and orders.

Market context

Overlockers are bought alongside a lockstitch machine by almost every garment manufacturer, upholsterer and alteration business, since seaming and edge finishing needs a dedicated machine rather than a single all-purpose one. A 3 or 4 thread machine covers most everyday seaming, while a 5 thread safety stitch machine is chosen where a stronger, more durable seam is needed, such as workwear or heavier fabrics. Overlockers see continuous daily use in a production setting, so timing belts, loopers and knives wear steadily, and a well-maintained used machine from a reputable dealer is a common and sensible way to add a second or third machine without the cost of buying new.

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

Can I finance just one overlocker, or does it need to be part of a bigger order?
You can finance a single overlocker on its own; there is no minimum number of machines required. Many sole traders and small workshops finance one machine at a time as they grow, adding a second or third overlocker on a fresh agreement once the business can support the extra capacity. Smaller amounts are usually processed quickly, since the lender is assessing one straightforward asset rather than a mixed equipment list.
Is it worth financing a used overlocker instead of buying new?
It can be, since overlockers from established brands hold up well under daily use when serviced regularly, and a used machine from a reputable industrial sewing machine dealer is often available at a meaningful discount to new. Most lenders will finance used equipment up to a certain age, typically five to eight years, and may ask for a service record or dealer inspection report. New machines carry a manufacturer warranty, which can matter more for a business running the machine every working day.
How does financing an overlocker differ from financing a lockstitch sewing machine?
The process itself is the same, since both are treated as general workshop equipment by lenders, but overlockers are typically lower value than a comparable lockstitch or automated machine, so applications are usually processed faster and with a smaller or no deposit required. Some businesses choose to finance an overlocker and a lockstitch machine together on one agreement when setting up a new production line, which can also simplify the paperwork compared with two separate applications.
What happens at the end of a finance lease on an overlocker?
At the end of a finance lease term you typically have the option to make a final balloon payment to take ownership of the machine, continue paying a small secondary rental to keep using it, or hand it back. Because overlockers are relatively inexpensive to replace compared with larger textile machinery, many businesses simply take ownership at the end rather than upgrading, unless their production needs have changed significantly during the term.

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