Finance for plant and heavy machinery
Heavy plant holds its value, and funders who genuinely understand residual values will price it far more sharply than a general lender ever could.
Request a callback- Commonly funded
- Excavators, cranes, telehandlers
- Typical facilities
- Hire purchase and refinance
- Lender focus
- Make, age, hours and resale
This page describes what businesses in this sector typically fund and what lenders generally look for. It is not a recommendation, and what is available to you depends on your own circumstances.
About plant & heavy machinery
Plant is close to the ideal asset from a funder's point of view. Well-known makes have deep international resale markets, auction data is plentiful, and a machine's condition can be assessed objectively from its hours and service history. That confidence shows up directly in the rate you are offered.
It also means the specifics matter. Two excavators of the same age can attract quite different terms depending on manufacturer, specification, hours worked and how well the service record has been kept. Funders in this space are not being difficult — they are pricing against what they know they could sell the machine for.
What gets funded
- Excavators, dozers, loading shovels, dumpers and rollers.
- Cranes, telehandlers, access platforms and lifting equipment.
- Crushing, screening and recycling plant.
- Hire fleets, funded as a facility rather than machine by machine.
- Refinance of owned plant to release capital or restructure existing agreements.
What shapes the terms
- Manufacturer and model, since resale demand varies sharply between them.
- Age and recorded hours, which drive both the advance and the maximum term.
- A complete service history, which materially improves what a funder will offer.
- Whether the machine is standard specification or heavily customised.
- Whether it will be used on your own contracts or hired out to third parties.
Frequently asked
Can I fund plant bought at auction?
Yes, but arrange it beforehand. Auction terms are tight and payment is usually required within days, so approval needs to be in place before you bid. Tell us the lots you are interested in and we will work to that timetable.
Can I fund imported machines?
Often, though it adds steps. Funders will want clear title, proper import documentation and confidence in the machine's history. Build extra time into the process and expect more questions than on a UK-supplied unit.
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Tell us what your business does
We will tell you which funders lend into your industry, and roughly what they are likely to say.
