Lendus.

Planer Thicknesser Finance

Spread the cost of a combination planer thicknesser from £1,500 to £25,000 with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a planer thicknesser?

Yes, planer thicknessers 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 £1,500 to £25,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£2k – £25k

Approval Speed

24–48 hours

Same-day for < £10k

Rates From

5.0% APR

What would a planer thicknesser cost per month?

£6,500
10%
60 months
9%
£0

Your estimate

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

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

Compare planer thicknesser finance rates from 200+ lenders

Check Eligibility

Finance options

Hire Purchase (HP)

Rate
From 5.6% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Workshops wanting to own the machine outright

Finance Lease

Rate
From 5.0% 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 5.8% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Fit out a new workshop without a large upfront outlay. Off balance sheet.

Representative example

On a purchase price of £6,500: a 10% deposit of £650, then 48 monthly payments of £137 at 5.9% APR representative (fixed). Total amount payable £7,226, 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
Axminster Professional AP330ST portable thicknesser £1,800 – £2,300 Portable Planer/Thicknesser
Combination planer thicknesser (Axminster Trade class) £2,000 – £4,500 Workshop Combination Machine
Felder/Hammer combination planer thicknesser £5,000 – £12,000 Precision Combination Machine
Heavy production surfacer/thicknesser (SCM/Wadkin class) £10,000 – £25,000 Production Planer Thicknesser

Ready to compare planer thicknesser finance? 2 minutes, no credit check.

Check Eligibility

Tax benefits

Planer thicknessers qualify for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one, up to £1,000,000. HP agreements allow capital allowances. Lease payments are fully deductible.

Market context

Planer thicknessers are bought by furniture makers, joiners and hobbyist-turned-professional woodworkers as a space-saving way to surface and thickness timber in one machine, which suits a smaller workshop where floor space is at a premium. Finance is common because the combination machine is often the first significant purchase for a new workshop, alongside a table saw and dust extraction, and owners want cash left for timber stock rather than the machinery. Replacement is usually driven by outgrowing the bed width or wanting separate dedicated machines once volume justifies the extra floor space, rather than the machine failing. Combination machines from Felder, Hammer and Axminster hold value reasonably well and a modest used market exists, though single-purpose British planers and thicknessers have the deeper used market of the two. Blades are a recurring cost, and chip extraction at the cutter block is a legal requirement in UK workshops handling wood waste.

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.

Compare rates from 200+ lenders, takes 2 minutes.

Check Eligibility

Frequently asked questions

Is a combination planer thicknesser worth financing over buying separate machines?
That depends on workshop space and how the two functions are used, and it is a decision for the buyer rather than something a finance provider should steer. What finance changes is cash flow: spreading a combination machine, or two separate machines, over monthly payments keeps working capital free either way. Both combination and separate planer/thicknesser setups are readily financed through hire purchase or lease.
Can I finance a used planer thicknesser?
Yes. Combination machines from Felder and Hammer, and separate British planers and thicknessers from Wadkin or Startrite, are both available second-hand, and most lenders will finance a used example, typically over a shorter term than for new equipment. An independent valuation may be requested for higher-value continental combination machines, particularly those with a spiral cutter block upgrade. Ask the supplier for the machine's service history and any recent cutter block or blade changes, as this helps the lender assess condition alongside age.
What deposit is typical for planer thicknesser finance?
For hire purchase, most lenders ask for a 10–20% deposit. Finance leases and operating leases can often be arranged with no deposit at all, which suits a workshop equipping itself from scratch. A larger deposit reduces the monthly payment, and any part-exchange of existing machinery can usually be applied towards it. Where the machine is bought alongside other new workshop equipment, some lenders will consider the combined invoice when calculating the deposit.
How quickly can I get planer thicknesser finance?
Most planer thicknesser finance applications are approved within 24–48 hours, and for deals under £10,000, same-day approval is common. Higher-value precision combination machines with additional attachments, such as a mortiser or tenoning carriage, may take a little longer to assess given the bespoke specification. Having a firm supplier quote ready, along with basic business details, is usually enough to keep a straightforward application moving at that pace.

Related equipment finance

More woodworking finance

See how lenders treat woodworking assets

Guides and resources

Ready to finance your planer thicknesser?

Compare rates from 200+ lenders. No credit check.

Check Eligibility →
Check Eligibility, 2 min, no credit check