TIG Welder Finance

Q: Can I finance a used TIG welder?

Some lenders will consider it, though as with MIG welders, low unit values mean TIG sets are more commonly financed new or bundled with other equipment rather than financed individually as used items. Ask your supplier for maintenance records and, where relevant, logged running hours before you apply; this speeds up the credit decision and can improve the rate you are offered on a tig welder.

Q: Does finance cover the torch, foot pedal and gas regulator?

Yes, the torch, foot or finger control, argon regulator and any trolley supplied with the machine can normally be included in the finance if itemised on the invoice. Ongoing consumables such as tungsten electrodes and gas are running costs. It is worth agreeing the full list of extras with your supplier in advance and getting everything itemised on one invoice, since anything added after the agreement is signed usually has to be paid for separately.

Q: What power supply does a TIG welder need?

Most workshop TIG welders run from a single-phase 230V supply for output up to around 200 to 250 amps, with higher-output AC/DC machines for aluminium often needing three-phase 400V. Check the specific model against your supply. Getting this confirmed with your supplier and, where needed, an electrician before you order avoids a costly mismatch or last-minute upgrade once the equipment has already arrived on site.

Q: How long does a TIG welder last against a finance term?

A well-maintained inverter TIG welder typically lasts 10 to 15 years, provided it is not run beyond its rated duty cycle. A typical 2 to 5 year finance term is well within that working life. That headroom is why many buyers choose a shorter finance term deliberately, so they can reassess or upgrade once the agreement ends rather than being tied to one specification for the machine's entire working life.

Spread the cost of TIG welders from £400 to £12,000+ with flexible finance options. HP, lease or refinance; compare rates from 40+ lenders.

Can you finance a tig welder?

Yes, tig welders 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 £400 to £12,000, and most deals are written over 12–84 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

Typical Cost

£400 – £12k

Approval Speed

24–48 hours

Same-day for < £100k

Rates From

4.5% APR

What would a tig welder cost per month?

TIG Welder price (ex VAT) £2,800

Deposit 10%

Agreement term 60 months

Annual interest rate 9%

Balloon payment £0

Your estimate

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

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

Finance options

Hire Purchase (HP)

Rate: From 4.9% APR
Term: 12–84 months
Deposit: 10–20%
Ownership: Yours at the end
Best for: Precision fabricators, stainless and aluminium welders, aerospace subcontractors wanting to own the tig welder outright

Finance Lease

Rate: From 4.5% APR
Term: 12–84 months
Deposit: None required
Ownership: Return or buy (balloon payment)
Best for: Tax efficient; claim 100% of payments against profit

Operating Lease

Rate: From 5.2% APR
Term: 24–60 months
Deposit: None required
Ownership: Return at end
Best for: Stay current with AC/DC pulse control and better arc starting. Off balance sheet.

Representative example

On a purchase price of £2,800: a 10% deposit of £280, then 48 monthly payments of £59 at 5.9% APR representative (fixed). Total amount payable £3,112, 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
Kemppi MasterTig MLS 2300	£2,800 – £4,200	AC/DC TIG Welder
Miller Dynasty 210	£2,500 – £3,800	AC/DC Inverter TIG Welder
ESAB Caddy Tig 2200i	£1,600 – £2,400	Portable DC TIG Welder
Lincoln Electric Aspect 375	£3,000 – £4,500	AC/DC TIG Welder

Tax benefits

Tig welders qualify for Annual Investment Allowance (AIA) and full expensing, letting you deduct the full cost from taxable profits in the year of purchase, up to £1,000,000 under AIA for qualifying plant and machinery. HP agreements let you claim capital allowances as the asset sits on your balance sheet. Lease payments are generally deducted as an operating expense, spread over the lease term.

Market context

TIG welders are bought by precision fabricators, stainless steel and aluminium specialists, and aerospace or food-grade subcontractors where weld quality and appearance matter more than speed. As with MIG welders, unit costs are relatively low so many businesses buy outright, though finance is common when a TIG set is bought as part of a broader workshop investment. Replacement is typically driven by a need for AC/DC capability to weld aluminium, or pulse control for thin material, rather than an existing DC-only unit failing, since inverter TIG sets are reliable and long-lived when used within their duty cycle.

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.

Frequently asked questions

Can I finance a used TIG welder?