Lendus.

Welding Equipment Finance

Spread the cost of welding equipment from £2,000 to £150,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a welding equipment?

Yes, welding equipments 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 £2,000 to £150,000, 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.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£2k – £150k

Approval Speed

24–48 hours

Same-day for < £30k

Rates From

5.5% APR

What would a welding equipment cost per month?

£25,000
10%
60 months
9%
£0

Your estimate

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

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

Compare welding equipment finance rates from 200+ lenders

Check Eligibility

Finance options

Hire Purchase (HP)

Rate
From 5.9% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Fabrication shops wanting to own equipment outright

Finance Lease

Rate
From 5.5% 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 6.2% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Always have latest welding technology. Off balance sheet.

Representative example

On a purchase price of £25,000: a 10% deposit of £2,500, then 48 monthly payments of £527 at 5.9% APR representative (fixed). Total amount payable £27,796, 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
Lincoln Electric Power Wave S500 £8,000 – £15,000 Multi-Process Welder
Fronius TPS 500i £12,000 – £22,000 MIG/MAG Intelligent
ESAB Warrior 500i £6,000 – £10,000 MIG/MMA Welder
Kemppi X8 MIG Welder £15,000 – £25,000 Advanced MIG System

Ready to compare welding equipment finance? 2 minutes, no credit check.

Check Eligibility

Tax benefits

Welding equipment qualifies 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

Welding equipment is bought by fabricators, engineering subcontractors and any business bringing welding in-house rather than paying a subcontractor, ranging from a single portable inverter welder for a small workshop to multiple robotic welding cells for a larger fabricator. Many buy on finance because welding equipment is often bought alongside other workshop investment, extraction, fixturing and material handling, and spreading the cost keeps cash available for the rest of the setup. Replacement is generally driven by duty cycle and process capability rather than the equipment failing, since welding sets are mechanically simple and long-lived when maintained. There is a solid used market for machines from established manufacturers.

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.

Compare rates from 200+ lenders, takes 2 minutes.

Check Eligibility

Frequently asked questions

Can I finance used welding equipment?
Yes, used welding equipment can be financed, supported by a solid used market for machines from established manufacturers, since welding sets are mechanically simple and long-lived when maintained. Lenders will want to see the age and duty cycle of the equipment rather than focusing on cosmetic condition, since this affects how much work it can realistically do. A machine bought through an established welding equipment dealer with service records is generally easier to finance than a private sale with no history.
What deposit do I need?
Hire purchase typically asks for a deposit of around 10 to 20% of the equipment's cost, with the balance spread over the agreed term and ownership passing to you at the end. A finance lease or operating lease usually needs no deposit, since the lender's security is the equipment itself, which suits fabricators bringing welding in-house alongside other workshop investment such as extraction and fixturing, keeping cash free for the rest of the setup. The deposit level also depends on whether the equipment is new or used.
How quickly can I get welding equipment finance?
A single portable inverter welder or small order from an established supplier is commonly approved within 24 to 48 hours once your application, the supplier's quote and basic company details are with the lender. Multiple robotic welding cells for a larger fabricator typically take a little longer, around one to two weeks, since the lender is reviewing a larger facility and a more detailed specification. Having your supplier's quote ready before applying keeps either timeline as short as possible.
Can I bundle multiple items in one agreement?
Yes. Welding equipment is commonly financed alongside other workshop investment, extraction, fixturing and material handling equipment, as one facility rather than separate agreements for each item, since this is often how a workshop setup or expansion is bought in the first place. Financing everything together keeps the repayment term consistent across the whole project and is usually simpler to arrange than several smaller applications, provided the supplier's quote sets out each item clearly.
Is VAT charged on welding equipment finance the same way as buying outright?
If your business is VAT registered, VAT is generally charged in a similar way to an outright purchase, though when it falls due depends on the finance structure. Hire purchase treats the equipment as a purchase from the outset, so VAT is typically due upfront and usually reclaimable on your next return, while a finance lease charges VAT on each rental payment as it falls due instead. It is worth confirming the exact treatment with your accountant before choosing between the two structures.
Can a new fabrication business get finance for welding equipment?
Yes, though a newer business is usually asked for a larger deposit, a personal guarantee from a director, or a shorter term than an established fabricator with several years of accounts. Lenders will look at any orders or subcontract work the equipment will be used for, since this shows the finance can be repaid from day one. Comparing several lenders through a broker rather than approaching one directly tends to widen the options available for a newer fabrication or engineering business.

Related equipment finance

Press Brake Laser Cutter CNC Machine Construction Equipment Generator

More manufacturing finance

See how lenders treat manufacturing assets

3D Printer finance Air Compressor finance Bagging Machine finance Blow Moulding Machine finance Carton Sealer finance Case Erector finance Case Packer finance Checkweigher finance CNC Lathe finance CNC Machine finance CNC Mill finance CNC Plasma Table finance

Guides and resources

What Is Asset Finance? HP vs Leasing Operating vs Finance Lease Best Asset Finance Companies Close Brothers Review Lombard Review

Ready to finance your welding equipment?

Compare rates from 200+ lenders. No credit check.

Check Eligibility →
Check Eligibility, 2 min, no credit check