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Strapping Machine Finance

Automatic pallet strapping machines cost from around £900 for a semi-automatic unit to £3,000+ for a fully automatic arch strapper such as the Optimax TRS600, with heavier-duty industrial models running higher.

Can you finance a strapping machine?

Yes, strapping machines 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 £900 to £12,000, and most deals are written over 12-48 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

£900 – £12k

Approval Speed

24–48 hours

Same-day for < £30k

Rates From

5.3% - 9.7% per annum

What would a strapping machine cost per month?

£3,500
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical strapping machine price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
5.7% - 9.7% per annum
Term
12-48 months
Deposit
10-20%
Ownership
Yours at the end
Best for
Businesses fitting out several strapping stations at once as a permanent, owned installation

Finance Lease

Rate
5.3% - 8.7% per annum
Term
12-48 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Bundling multiple strapping machines across stations into one deductible payment

Operating Lease

Rate
6.1% - 9.7% per annum
Term
12-36 months
Deposit
None required
Ownership
Return at end
Best for
Operations that want strapping capacity off balance sheet and refreshed on a shorter cycle

Representative example

On a purchase price of £3,500: a 10% deposit of £350, then 48 monthly payments of £74 at 5.9% APR representative (fixed). Total amount payable £3,902, 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
Semi-automatic strapping machine (Optimax TMS300 class) £900 - £1,300 Semi-Automatic Strapping Machine
Optimax TRS600-12 (fully automatic, 850x600mm arch, up to 27 cycles/minute) £2,600 - £3,200 Automatic Strapping Machine
Heavy-duty industrial arch strapper (high-cycle, wider arch) £4,500 - £12,000 Heavy-Duty Strapping Machine

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Tax benefits

A strapping machine is treated as plant and machinery for tax purposes, so it qualifies for the Annual Investment Allowance (AIA), letting a business deduct the full cost from taxable profits in the year of purchase, up to the current £1,000,000 annual limit. Companies buying new, unused equipment may also qualify for full expensing, a 100% first-year deduction against Corporation Tax. These allowances apply where you own the asset, so they are available under a Hire Purchase agreement. Under a Finance Lease or Operating Lease you do not own the machine outright, so allowances are not claimed directly; instead the payments are generally deducted as a business expense against profits. Always confirm treatment with your accountant before committing to a structure.

Market context

Strapping machines are bought by warehouses, manufacturers and distribution centres to secure boxes, bundles and pallets for transport, and are usually one of the lower-cost items on a packing line, which means many smaller businesses buy outright rather than finance a single unit. Finance becomes more relevant when a business is fitting out several stations at once, replacing multiple ageing machines together, or specifying a strapping machine as part of a wider end-of-line automation project alongside a case packer or palletiser. Replacement is driven by wear to the sealing head and feed mechanism under high cycle counts rather than the frame, and strapping machines are mechanically simple enough that a reasonable used market exists.

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

Is it worth financing a strapping machine given the relatively low unit cost?
For a single machine, many businesses simply buy outright given the modest cost compared to most other packaging equipment. Finance makes more sense when you're fitting out several stations at once, replacing multiple machines together, or specifying strapping as part of a wider end-of-line automation project, where the combined cost justifies spreading payments. Your broker can talk this through against your own trading history and site circumstances before you commit to a particular structure.
Can I finance several strapping machines across multiple stations on one agreement?
Yes, this is a common and straightforward request, and lenders are generally comfortable financing multiple matching machines across several stations on a single agreement rather than treating each one separately. Structuring it this way is usually simpler to administer than running separate agreements for each unit, and the combined value of the deal can also help when negotiating rate. Your broker can talk this through against your own trading history and site circumstances before you commit to a particular structure.
What arch size and strap width do I need?
Arch size is set by your largest typical pallet or bundle dimensions, and strap width by the load weight and the tension needed to secure it safely in transit, with heavier or less stable loads generally needing a wider strap and higher tension setting. Your supplier will confirm the right specification against your typical load profile before you order. Your broker can talk this through against your own trading history and site circumstances before you commit to a particular structure.
Is a strapping machine eligible for Annual Investment Allowance?
Yes, a strapping machine qualifies as plant and machinery, so it's eligible for AIA up to the current annual limit under Hire Purchase. Leased machines don't attract AIA directly, but the rental is usually deductible as a business expense instead. Given the modest values typically involved, this is unlikely to be the deciding factor in how you fund the purchase.

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