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Table Saw Finance

Spread the cost of a workshop or production table saw from £800 to £15,000 with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a table saw?

Yes, table saws 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 £15,000, 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 – £15k

Approval Speed

24–48 hours

Same-day for < £10k

Rates From

5.3% APR

What would a table saw cost per month?

£3,200
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical table saw price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 5.8% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Small workshops wanting to own the saw outright

Finance Lease

Rate
From 5.3% 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 6.0% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Keep cash free while equipping a new workshop. Off balance sheet.

Representative example

On a purchase price of £3,200: a 10% deposit of £320, then 48 monthly payments of £68 at 5.9% APR representative (fixed). Total amount payable £3,584, 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 cast-iron table saw £1,500 – £3,500 Cabinet Table Saw
Used Wadkin table saw £800 – £1,500 Workshop Table Saw
Sliding table saw (Sedgwick/Startrite class) £3,000 – £6,000 Small Sliding Table Saw
Three-phase production rip saw (Wadkin/SCM class) £6,000 – £15,000 Production Table Saw

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Tax benefits

Table saws 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

Table saws are bought by cabinet makers, joiners, shopfitters and small production workshops as a core ripping and crosscutting tool, often as the first serious machine in a new workshop. Because it is usually one purchase among several when a workshop is fitting out, finance is common as a way of getting the saw, a mobile base or sliding table, and starter tooling in place without draining cash needed for stock and premises costs. Replacement is typically driven by needing a larger table, a sliding carriage, or three-phase capacity as work grows, rather than the saw failing. Table saws from British makers such as Wadkin, Sedgwick and Startrite have a long-established UK used market and lenders will readily fund a well-maintained used machine, usually over a shorter term than for new. Blades and tooling are a recurring cost separate from the saw itself, and dust extraction at the saw is a legal requirement in UK workshops handling wood dust.

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 used table saw?
Yes. Table saws from British manufacturers such as Wadkin, Sedgwick and Startrite are common on the UK used market and lenders regularly finance them, typically over a shorter term than a new machine and sometimes with a modest engineer's condition report for older examples. Continental brands are also fundable second-hand. A well-maintained used saw with an intact fence system and guarding is generally straightforward to get approved.
What size deposit is typical for a table saw?
For hire purchase, most lenders ask for a 10–20% deposit on a table saw. Finance leases and some operating leases can be arranged with no deposit at all, which suits a workshop equipping several machines at once and wanting to keep cash aside for the rest of the fit-out. A larger deposit reduces the monthly payment but is rarely essential for approval on a straightforward deal.
Do I need three-phase power for a table saw?
Smaller cabinet and site table saws generally run happily on a single-phase 230V supply. Larger sliding table saws and heavy-duty production rip saws are more often built for three-phase, particularly if fitted with a scoring blade or a powerful motor. If you are moving up from a benchtop saw to a proper cabinet or sliding model, it is worth checking the machine's electrical requirement against your workshop's supply before ordering.
How quickly can I get table saw finance?
Most table saw finance applications are approved within 24–48 hours, and for deals under £10,000 same-day approval is common because the machine is easy for a lender to value. New businesses without an established trading history can still get approved but may be asked for a personal guarantee or a slightly larger deposit. Having your supplier's quote and recent management accounts ready speeds up the decision.
Can blades and a mobile base be included in the finance?
Yes, provided they appear on the same supplier invoice as the saw. Blades, a mobile base, sliding table extension and initial tooling are routinely rolled into the same hire purchase or lease agreement, so the whole setup is covered by one monthly payment rather than a separate cash purchase for the accessories. This is worth raising with the supplier when they prepare the quote, so it is itemised clearly for the lender from the outset.

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