Spread the cost of powered pallet trucks from £3,500 to £6,000+ with flexible finance options. HP, lease, or refinance – compare rates from 40+ lenders.
Yes, pallet trucks 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 £3,500 to £6,000, and most deals are written over 12–36 months with a deposit of around None required. Decisions typically take 24 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£4k – £6k
Approval Speed
24 hours
Same-day for < £10k
Rates From
5.4% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical pallet truck price. Indicative only, not a quote.
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Check EligibilityOn a purchase price of £4,500: a 10% deposit of £450, then 48 monthly payments of £95 at 5.9% APR representative (fixed). Total amount payable £5,010, including the deposit. The rate you are offered depends on your business and the asset.
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 |
|---|---|---|
| Toyota BT Levio Electric Pallet Truck | £3,500 – £5,500 | 1,000–2,000kg Capacity |
| Linde MT15 Electric Pallet Truck | £4,000 – £6,000 | 1,500kg Capacity |
| Jungheinrich EJE Electric Pallet Truck | £3,800 – £5,800 | 1,600kg Capacity |
| Crown WP Electric Pallet Truck | £3,600 – £5,600 | Electric Pallet Truck |
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Check EligibilityPowered pallet trucks qualify as plant and machinery, so the Annual Investment Allowance covers the full cost in year one, up to £1,000,000, which comfortably covers a purchase of this size on its own. Given the relatively low value involved, many businesses buy pallet trucks outright rather than finance them individually; finance is more commonly used when ordering several at once, or bundling them into a wider agreement covering other warehouse equipment such as reach trucks or racking.
Powered pallet trucks are bought by warehouses, retailers, and distribution operations moving palletised stock over short distances, typically as a cheaper and more manoeuvrable alternative to a full forklift or reach truck for straightforward loading, unloading, and order-picking tasks. Because the unit cost is relatively low, many businesses buy several at once to equip a warehouse or replace an ageing batch together, which is where finance is most commonly used, spreading a bulk purchase rather than financing a single unit. Battery type (lead-acid versus lithium) and charger compatibility are practical factors buyers weigh alongside price.
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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