Plant Finance

Plant finance is a versatile form of financing used by a wide variety of industries and businesses - from large engineering firms to small parts manufacturers. It helps firms keep costs down and improve their cash flow position over the long term.

Plant Finance
  • This quote won't affect your credit score
  • Dedicated Business Finance Specialist
  • Get access to 120+ lenders

Start your journey

  • This quote won't affect your credit score
  • Dedicated Business Finance Specialist
  • Get access to 120+ lenders

What is Plant Finance?

Plant finance enables you to spread the cost of plant and machinery to ensure the payments are affordable. It’s also tax efficient: your accountant will be able to minimise your tax liability by offsetting any rental or interest payments and reclaiming any VAT paid. 

How does Plant Finance work?

At the end of your plant finance agreement you can purchase the asset (often for a minimal fee) or to continue to rent it at a much lower payment cost. Hire purchase lets you automatically take title to the equipment at the end of the agreement. Benefits include:

  • Immediate access to machinery you need

  • Leasing options that suit how your firm trades

  • Hire Purchase options for title ownership after the period

  • Tax-efficient financing

Plant Finance - Features and benefits through Funding Options

  • Secured and unsecured flexible finance options available subject to eligibility

  • We compare 120+ lenders to find the right finance for you

  • A Business Finance Specialist will guide you through the process

  • It’s free, no obligation and won’t affect you credit score

Financial product information

Representative example*

7.63% APR Representative based on a loan of £50,000 repayable over 24 months. Monthly repayment of £2,252.94. The total amount payable is £54,070.56

*Some lenders may apply fees during the application process, please note that these are set and provided by these entities.

Annual Percentage Rate

Rates from 2.75% APR

Repayment period

1 month to 30 years terms

Trusted by over 9882 customers