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.

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

From 5.5% APR

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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

Borrow £25,000 over 48 months at 5.9% APR (fixed). Monthly repayment: ~£520. Total amount payable: ~£24,960. Rates depend on your circumstances.

Popular models

Model Price Range 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

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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

The UK welding equipment market is worth £450m annually. Robotic welding installations are growing at 12% year-on-year. There are over 80,000 qualified welders in the UK.

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. Our eligibility check uses a soft search only — no impact on your credit score.

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Frequently asked questions

Can I finance used welding equipment?
Yes. Most lenders finance used welding equipment up to 7 years old. Well-maintained industrial systems retain value well. Rates for used equipment are typically 0.5–1% higher than new.
What deposit do I need?
For hire purchase, most lenders ask for 10–20% deposit. Finance leases and operating leases often require no deposit. Larger deposits reduce monthly payments.
How quickly can I get welding equipment finance?
Most applications are approved within 24–48 hours. For deals under £30k, same-day approval is common.
Can I bundle multiple items in one agreement?
Yes. Welders, extraction systems, PPE, and accessories can often be bundled into a single finance agreement if they're on the same supplier invoice.

Guides and resources

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