Lendus.

Steam Press Finance

Spread the cost of a commercial steam press from £800 to £6,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a steam press?

Yes, steam presss 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 £800 to £6,000, 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.

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Typical Cost

£800 – £6k

Approval Speed

24–48 hours

Same-day for < £5k

Rates From

5.8% APR

What would a steam press cost per month?

£2,200
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical steam press 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
Dry cleaners and tailors wanting to own the press 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 £2,200: a 10% deposit of £220, then 48 monthly payments of £46 at 5.9% APR representative (fixed). Total amount payable £2,428, 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
Self-Contained Steam Press (spec class, e.g. SIDI) £800 – £1,800 Self-Contained Press
Vacuum Steam Press with Boiler Feed £1,800 – £3,500 Vacuum Press
Twin-Buck Utility Press System £3,500 – £6,000 Twin-Buck Press

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Tax benefits

Steam presses are moveable equipment and generally qualify for Annual Investment Allowance, letting the cost be deducted from taxable profits in the year of purchase. HP agreements let you claim capital allowances directly, while lease payments are deducted as a running cost over the term of the agreement, which suits smaller finishing businesses wanting predictable monthly outgoings.

Market context

Steam presses are bought by dry cleaners, tailors, alterations businesses and small garment finishing workshops that need to press finished garments to a consistent standard without ironing by hand. A self-contained press with its own boiler suits a business without an existing steam supply, while a vacuum press with external boiler feed is chosen where the workshop already runs steam for other equipment such as a tunnel finisher. Steam presses run daily for years with routine seal and pad replacement, and replacement of the whole unit is usually prompted by a boiler or valve failing rather than a fixed age, which keeps a reasonable used market in circulation for buyers on a tighter budget.

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 a steam press as part of a wider laundry or dry cleaning fit-out?
Yes, a steam press can be included on the same agreement as washers, dryers and other finishing equipment, provided each item is itemised on the supplier quote. Many dry cleaners and laundry businesses finance the full finishing line together, since the equipment is typically ordered and installed as one project rather than piece by piece.
What is the difference in finance terms between a self-contained and vacuum steam press?
The finance process is the same for both; the difference is mainly in price, since a vacuum press with an external boiler feed usually costs more than a simpler self-contained unit. A higher value machine may lead a lender to ask for a slightly larger deposit under hire purchase, but the overall approval process and typical terms remain broadly consistent across steam press types.
Can I finance a used steam press?
Yes, most lenders will finance used steam presses, typically up to around eight years old, from an established laundry or dry cleaning equipment supplier. Given that boilers and valves are the parts most likely to need attention over time, it is worth asking the supplier for the machine's service history and any remaining warranty before applying, as this can affect both the rate offered and how quickly the lender approves the finance.
How quickly can I get steam press finance?
Most applications are approved within 24 to 48 hours, and for amounts under a few thousand pounds same-day approval is common. Where the steam press is part of a larger equipment order alongside washers or a tunnel finisher, allow a little extra time while the lender reviews the full specification.

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