Spread the cost of plant hire equipment from £10,000 to £500,000+ with flexible finance options. HP, lease, or refinance
Yes, plant hires 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 £10,000 to £500,000, and most deals are written over 12–72 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£10k – £500k
Approval Speed
24–48 hours
Same-day for < £75k
Rates From
4.5% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical plant hire price. Indicative only, not a quote.
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For UK limited companies with 3+ months’ trading and monthly revenue.
On a purchase price of £75,000: a 10% deposit of £7,500, then 48 monthly payments of £1,582 at 5.9% APR representative (fixed). Total amount payable £83,436, 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 |
|---|---|---|
| JCB 3CX Backhoe | £65,000 – £90,000 | Backhoe Loader |
| Kubota U55-4 Mini Excavator | £35,000 – £50,000 | 5.5t Mini Excavator |
| Wacker Neuson DW60 Dumper | £28,000 – £40,000 | 6t Site Dumper |
| Bomag BW 177 D-5 Roller | £45,000 – £65,000 | Vibratory Roller |
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
Plant and machinery qualifies for Annual Investment Allowance (AIA), letting you deduct the full purchase cost from taxable profits in year one, up to £1,000,000. HP gives access to capital allowances on owned assets. Lease payments are fully deductible from taxable profits.
Plant hire businesses buy the fleet they then hire out, excavators, dumpers, compactors, generators and access equipment, rather than the end users of that plant, who prefer to hire rather than own equipment they only need intermittently. Finance is central to how a hire company operates, since the fleet has to be bought and paid for well before it generates hire income, and structuring finance around expected utilisation is core to the business model. Replacement is driven by hours run, condition, and what customers expect from current-generation machines, since hire fleets need to stay reasonably modern. A large, liquid used market for ex-hire equipment funds fleet renewal.
Some specialist lenders consider businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options may be available. Fundably may use a soft credit check for matching, which does not affect your credit score. A hard check may happen if you choose to proceed with a lender.
Explore business funding options through Fundably.
For UK limited companies with 3+ months’ trading and monthly revenue.
Explore business funding options through Fundably.
Check Eligibility →For UK limited companies with at least 3 months’ trading and monthly revenue.