LED Lighting Finance

LED lighting retrofits replace ageing fluorescent and metal halide fittings across a whole building, and LED lighting finance lets you pay for the upgrade in fixed monthly instalments instead of one large bill.

From £1,000 with no upper limit
Decisions within 24 hours
Start ups considered

Cost your upgrade Ask the team

Long rows of LED lighting strips above pallet racking in a distribution warehouse

What an LED upgrade can include

A retrofit is usually quoted site by site, with fittings, controls and labour on one schedule. We can place that quote on a single agreement, and you can look through all the equipment we fund if other upgrades are on your list.

High bay fittings

Replacements for old discharge lamps in warehouses, factories, workshops and large halls.

Panel and troffer lights

Flat fittings that swap into the ceiling grids common in offices, schools and reception areas.

Floodlights and car park lighting

Exterior fittings for yards, loading bays, car parks and sports pitches.

Display and shop lighting

Spotlights, track and strip lighting for shop floors, showrooms and display areas.

Lighting controls and sensors

Presence detectors, daylight sensors and timers so lights only run when they are needed.

Emergency lighting

Emergency fittings added to the same scheme, so the whole installation is dealt with at once.

Cooling a building

Cooler fittings can help a building stay comfortable, and cooling kit can be funded separately.

Air conditioning finance

Generating your own power

Some businesses cut consumption with LEDs and then generate their own supply.

Commercial solar panels

Electrician in a hard hat fitting a ceiling light panel

Where LED lighting makes sense

Lighting that runs for long hours is where an upgrade is looked at first. These are the settings where we most often hear of it.

Warehouses and distribution

High ceilings and lights on through every shift.

Factories and workshops

Bright, even light for precise work.

Offices and schools

Panel upgrades across many identical rooms.

Shops and showrooms

Lighting that shows stock at its best.

Car parks and yards

Outdoor fittings that run from dusk to dawn.

Sports and leisure

Halls, courts and pitches needing reliable light.

Three ways to fund a lighting upgrade

Your account manager will talk through which structure fits, based on how long you expect to use the new fittings and how you want the payments to appear in your accounts. For the basics on lighting standards at work, the Health and Safety Executive has a page on lighting in the workplace.

Finance lease

You rent the fittings for a set term, paying a fixed monthly rental with no large capital outlay at the start.

Best for businesses that want a steady rental cost for the whole scheme.

How a finance lease works

Hire purchase

You pay in instalments and the fittings become yours at the end of the agreement, so they appear on your balance sheet.

Best for owners who expect to keep the lighting for its full working life.

How hire purchase works

Vendor finance

Lighting contractors can offer finance at the point of quote, so customers can agree a scheme without a separate funding search.

Best for installers who want to help customers say yes to larger schemes.

Supplier? See vendor finance

From lighting survey to switch on

Most LED lighting finance applications start once you hold a quote from your contractor, and the finance can be in place well before the installation date.

Step 1

Survey and quote

A contractor counts fittings, checks heights and sets out what will be replaced.

Step 2

Send us the quote

Tell us the supplier and the total, and we confirm what the lighting finance can include.

Step 3

Decision within 24 hours

We approach lenders that suit the size and type of project, then update you quickly.

Step 4

Sign and install

Sign online, we pay your contractor and the new lighting goes in on the agreed dates.

Example: relighting a small factory

A precision engineering firm has a unit lit by older high bay lamps that are failing one by one. Rather than keep patching them, the owners want to replace the lot over a single weekend to avoid losing production.

Paying through an LED upgrade finance agreement means the whole scheme goes in at once and the payments are fixed from the outset. Our guide to the real cost of keeping old equipment explains why waiting can be an expensive habit.

Rental payments can often be treated as a business expense, and your accountant will confirm the treatment for your own accounts. You can read more on our tax relief page.

Work out the monthly cost

Typical factory retrofit

60 high bay LED fittings£14,400

Presence and daylight sensors£2,800

Emergency lighting units£2,200

Access equipment and removal of old fittings£1,900

Installation labour£4,700

Total funded£26,000

Illustrative figures only. Real quotes depend on your building and supplier, and your monthly payment depends on your business and the term you choose.

LED lighting finance questions

Need more detail? Our full FAQs cover deposits, eligibility and timescales, or the team can talk you through it.

Useful downloads

LED lighting brochure Benefits of leasing Leasing FAQs

Want to keep more cash in the business? Read our guide to improving cash flow with smarter finance.

Is lighting finance available for a retrofit as well as new builds?

Yes. Lighting finance covers a retrofit of an existing building as well as new installations, as long as the work is on a supplier's quote and the fittings are being supplied for your business.

Can controls and sensors be funded too?

Usually. Sensors, dimming controls and timers can go on the same LED upgrade finance agreement as the fittings when they appear on the contractor's quote.

Does the finance cover installation labour?

In most cases, yes. Fitting and removal of old units are normally allowed where they are part of the same quote, though lenders may want the fittings to make up a good share of it.

Do I need to be an owner of the building?

No. Tenants can usually fund a scheme with the landlord's consent, and the term should sit comfortably inside the length of your lease.

Can larger businesses use this alongside energy reporting?

Many can. Larger organisations may have to report on energy use under the Energy Savings Opportunity Scheme, and a funded lighting upgrade can sit alongside that work.

What happens when the agreement ends?

With hire purchase the lighting is yours after the final payment. With a finance lease you can usually extend at a reduced rental or return the fittings, subject to the agreement.

Ready to upgrade your lighting?

Send us your contractor's quote.

We will come back with options for your LED lighting project within 24 hours.

Get started Call 0191 250 1550