Lendus.

Tenoner Finance

Spread the cost of a tenoning machine from £8,000 to £60,000 with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a tenoner?

Yes, tenoners 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 £8,000 to £60,000, 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.

200+ UK lenders
2-minute application
No credit check to apply
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Typical Cost

£8k – £60k

Approval Speed

24–48 hours

Same-day for < £25k

Rates From

5.0% APR

What would a tenoner cost per month?

£22,000
10%
60 months
9%
£0

Your estimate

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

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

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Finance options

Hire Purchase (HP)

Rate
From 5.5% APR
Term
12–72 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Businesses wanting to own the tenoner outright

Finance Lease

Rate
From 5.0% APR
Term
12–72 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient, claim 100% of payments against profit

Operating Lease

Rate
From 5.7% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Bring tenoning in-house without a large upfront outlay. Off balance sheet.

Representative example

On a purchase price of £22,000: a 10% deposit of £2,200, then 48 monthly payments of £464 at 5.9% APR representative (fixed). Total amount payable £24,472, 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
Used Wadkin single-end tenoner £8,000 – £14,000 Reconditioned Single-End Tenoner
Single-end tenoner (Griggio/SCM class) £15,000 – £28,000 Single-End Tenoner
Double-end tenoner (Bacci/SCM class) £28,000 – £45,000 Double-End Tenoner
CNC-optimised production tenoner (SCM class) £45,000 – £60,000 Production Tenoner

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Tax benefits

Tenoning machines 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

Tenoners are bought by window, door and staircase manufacturers who need to cut accurate, repeatable tenon joints faster than is practical on a spindle moulder or table saw. Because a tenoner is typically bought once a business has outgrown general-purpose machines and moved to dedicated joinery production, finance lets the step up happen without disrupting cash flow needed for materials and existing orders. Replacement is usually driven by wanting a double-end machine, CNC-controlled setting, or higher throughput to match order volumes, rather than the tenoner failing; these machines are built heavily and last a long time with routine maintenance. Wadkin and other British-built single-end tenoners have a reasonable UK used market and are financeable second-hand, typically over a shorter term than new. Cutter blocks and blades are a recurring cost separate from the machine, and a three-phase supply is standard for any tenoner beyond the smallest single-end models.

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 tenoner?
Yes. Single-end tenoners from Wadkin and similar manufacturers appear on the UK used market through specialist woodworking machinery dealers, and lenders will finance a used machine, typically over a shorter term than for new equipment and sometimes with an engineer's condition report. Double-end and CNC-optimised tenoners are more specialised and less commonly available used, so new equipment finance is more typical for those.
What's the difference between a single-end and double-end tenoner for finance purposes?
A single-end tenoner cuts one end of a component at a time and needs the workpiece turned for the second cut, while a double-end machine cuts both ends in one pass and suits higher volume window and door production. Double-end machines cost considerably more, so financing over a longer term is common to keep monthly payments proportionate to the additional throughput they deliver.
Do I need three-phase power for a tenoner?
Yes, virtually all tenoning machines, from a single-end model upward, are built for a three-phase supply given the motor power needed to drive the cutting heads and feed mechanism. If you are bringing tenoning in-house for the first time, it is worth confirming your workshop's electrical capacity before ordering, particularly for a double-end or CNC-optimised machine. Some older single-end machines were originally supplied on a lower voltage, so it is worth having the electrical supply checked by a qualified electrician before the machine arrives.
What deposit is typical for tenoner finance?
For hire purchase, most lenders ask for a 10–20% deposit. Finance leases and operating leases can often be arranged with no deposit at all. A larger deposit reduces the monthly payment, and on higher-value double-end or CNC machines it can also help secure a more competitive rate given the size of the transaction. On used single-end machines bought through a specialist dealer, the deposit may be adjusted slightly to reflect an independent valuation.
How quickly can I get tenoner finance?
Most applications are approved within 24–48 hours, with same-day approval common for deals under £25,000. Double-end and CNC-optimised production tenoners typically involve a longer assessment, as the lender reviews the full machine specification and, where the deal is larger, the business's trading history and order book. A clear supplier quote setting out the exact specification helps keep a straightforward application moving at that pace.

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