Plant and Construction Machinery Finance

Plant machinery finance lets contractors, groundworkers and hire firms put excavators, telehandlers and dumpers to work now and pay for them over time, so a new contract never waits on a large cash outlay.

From £1,000 with no upper limit
New and used machines considered
Decisions within 24 hours

Price up your machine Talk through a deal

Orange tracked excavators working on a muddy construction site, typical of plant machinery finance

Plant machinery and attachments we can fund

Whether you need one mini digger or a mixed fleet for a long running site, plant finance can cover the machine, its attachments and delivery on a single agreement. Machines used by other trades are listed in our full list of finance types.

Excavators and mini diggers

Digger finance covers tracked and wheeled excavators, from compact mini diggers to heavy earthmovers.

Telehandlers and loaders

Rotating and fixed telehandlers, skid steers and wheeled loaders for moving materials around site.

Forklift and warehouse finance

Dumpers and haulage

Site dumpers, tracked carriers and articulated dump trucks for shifting spoil and aggregate.

Rollers and compaction

Twin drum rollers, vibrating plates and trench compactors for roads, drainage and groundworks.

Attachments

Hydraulic breakers, augers, tilt hitches, grapples and bucket sets that let one machine take on more jobs.

Site support equipment

Generators, lighting towers, cabins, pumps and welfare units for sites that must be self contained.

Plant transport

Low loaders, plant trailers and pickups used to move machines between jobs.

Vehicle finance

Used and ex hire machines

Good quality second hand machines from established dealers, often a sensible way to grow a fleet.

Asset finance for equipment

Yellow telehandler lifting a pallet of blocks on a building site

Built around how contractors really work

Utilisation, staged payments on contracts and the rhythm of groundwork all shape the right structure, so we look at how often each machine earns before shaping construction equipment finance around it.

Groundworks and civils

Excavators and dumpers for drainage, foundations and roads.

Plant hire fleets

Rental stock chosen to keep utilisation high.

Demolition and strip out

Machines and attachments for clearing and sorting material.

Housebuilders and developers

Telehandlers and loaders for multi plot sites.

Landscaping and utilities

Compact machines for tight, repeat work.

New contractors

A first machine to win a first contract.

Three ways to fund your plant machinery

Which structure fits depends on how long you will keep each machine and how it earns, whether on your own jobs or out on hire, and your account manager will talk it through. Hire companies running plant machinery can also find sector standards and member support through the Construction Plant-hire Association.

Hire purchase

Payments are spread over the term and the machine is yours after the final one. That suits kit with a long working life and a strong resale market, and it can sit on your balance sheet from the start.

Best for excavators and dumpers you plan to run for years.

How hire purchase works

Finance lease

You pay a fixed rental to use the machine without owning it, and rentals are usually treated as a business expense. It is a tidy fit for attachments and machines you expect to swap.

Best for hire fleet stock and kit you want to refresh regularly.

How a finance lease works

Asset refinance

Machines owned outright can be used to raise cash while they stay on your sites. The money can fund a new contract or a bigger yard without selling anything.

Best for owners with a paid off fleet who need working capital.

How asset refinance works

From dealer quote to machine on site

Contractors rarely have weeks to spare, so we aim to get a plant machinery deal agreed quickly enough for the machine to be on site for the start date.

Step 1

Choose your machine

Pick the machine or attachments and get a written quote from your dealer, or ask us to suggest a supplier from our network.

Step 2

Apply online

Complete a short form with your business details. On larger deals a lender may ask for accounts or recent bank statements.

Step 3

Receive a decision

Lenders who understand construction and plant risk consider your deal, and we come back to you within 24 hours.

Step 4

Sign and take delivery

Sign electronically, the lender pays the supplier and the machine is delivered or collected.

Example: equipping a groundworks firm for a drainage contract

A small groundworks firm has won a drainage contract that will run for several months, but its only excavator is an older machine that cannot cover the work alone. Buying a second excavator, a dumper and compaction kit outright would use the working capital needed for wages and materials.

Funded instead through plant finance over a multi year term, the machines arrive for the start date and the contract income helps cover each payment. With every item on one agreement there is a single monthly cost to plan around. Our guide to asset refinance explains how machines you already own can add to that funding.

Rentals can often be offset against profit, while machines bought on hire purchase may also be eligible for relief, so check the detail on our tax relief page and with your accountant.

Check your monthly figure

Typical equipment for the contract

8 tonne tracked excavator£42,000

3 tonne tracked dumper£14,500

Twin drum roller£11,000

Hydraulic breaker£5,500

Tilt hitch and bucket set£4,500

Total funded£77,500

The prices above are illustrative only. Your monthly payment will depend on the lender, the machines and the term agreed.

Plant machinery finance questions

Cannot see your question? Our full FAQs cover deposits, rates and eligibility, or you can speak to the team directly.

Useful downloads

Plant machinery brochure Benefits of leasing Leasing FAQs

Planning a fleet upgrade? Read how asset finance supports growth without draining cash flow.

Can a new contractor get plant machinery finance?

In many cases, yes. Some lenders back newer businesses where the owner has real experience in the trade, and a deposit, a signed contract or a personal guarantee can strengthen the application. Our start up funding page explains what lenders look for.

Can I finance a used or ex hire digger?

Often. Lenders look at the age and hours of the machine and who is selling it, and the term may be shorter than for a new one. Farm contractors running loaders and diggers can also see our agricultural machinery finance page.

Can attachments and delivery be included?

Where they appear on your supplier's invoice, buckets, breakers, hitches and delivery can usually be added to a digger finance deal or any other machine agreement. A low loader or plant trailer can sit on its own agreement under vehicle finance.

Does finance cover operator training?

No, finance covers the machine and not the people running it. Operators normally need recognised training and competence cards, and the Construction Industry Training Board publishes information on the courses and tests available to the sector.

Can I release cash from machines I already own?

Yes, through asset refinance or sale and leaseback. A lender values the fleet, advances cash against it and you keep working with the machines. Owners often use this to fund a new contract, a yard or extra plant.

What happens at the end of the agreement?

With hire purchase the machine is yours after the final payment. With a finance lease you can usually carry on at a reduced rental, return it or move to a newer model. A regular upgrade cycle can help keep repair costs and downtime down.

Ready to get your next machine on site?

Send us the dealer quote or the machine you have in mind.

We will match your plant machinery finance to suitable lenders and reply within 24 hours.

Start your quote Call 0191 250 1550