Spread the cost of a school science lab fit out from £15,000 to £150,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.
Yes, science lab fit outs 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 £15,000 to £150,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24–72 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£15k – £150k
Approval Speed
24–72 hours
Longer where governance approval is needed
Rates From
5.9% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical science lab fit out price. Indicative only, not a quote.
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Check EligibilityOn a purchase price of £45,000: a 10% deposit of £4,500, then 48 monthly payments of £949 at 5.9% APR representative (fixed). Total amount payable £50,052, 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 |
|---|---|---|
| Lab Bench and Stool Package (spec class, e.g. Trespa-topped units) | £15,000 – £40,000 | Single Lab Bench Package |
| Mobile Storage and Prep Room Fit Out (spec class, e.g. Gratnells trays) | £10,000 – £30,000 | Prep Room Storage |
| Full Science Lab Refit (fixed benches, services, fume cupboard) | £60,000 – £150,000 | Full Lab Refit |
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Check EligibilityFixed and mobile science lab furniture such as benching, stools and mobile storage units are moveable equipment for a company operating a fee-paying school or training provider, and generally qualifies for Annual Investment Allowance, letting the cost be deducted from taxable profits in the year of purchase; gas, water and electrical services built into a fixed lab installation are usually treated as part of the building instead. A maintained school or academy trust does not pay corporation tax and so cannot use capital allowances in this way, since there is no taxable profit to set the cost against; for these bodies the finance decision is about managing budget and cash flow rather than tax relief, and should be worked through with the trust's finance team.
Science lab fit outs are commissioned by secondary schools, academy trusts, colleges, universities and independent schools, and by specialist science and STEM training providers, with the scope ranging from replacing furniture in a single lab to a full multi-lab refit including fixed services. The buyer for this kind of project is very often a school or academy trust rather than a standalone trading company, which changes how the purchase is approached: a private limited company can enter a finance agreement in a fairly standard way, while a maintained school or academy trust operates under its own governance and funding rules that determine whether and how it can enter this kind of agreement, and this should be checked before committing rather than assumed. Replacement is generally driven by a curriculum change, a wider building refurbishment, or furniture reaching the end of its practical working life under continuous school use.
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