Asset Finance for Manufacturers
Manufacturing equipment is expensive. A single CNC machine can cost £50k-£500k, and a production line upgrade can run into millions. Asset finance lets manufacturers invest in capability without draining working capital or tying up credit lines needed for day-to-day operations.
Manufacturing-specialist lenders understand equipment values, residual values, and the productive life of industrial assets. They can finance everything from lathes and milling machines to packaging lines, industrial robots, and clean room equipment.
Key Benefits
- Invest in new capability without depleting working capital
- Claim Annual Investment Allowance (AIA) on hire purchase
- Upgrade production equipment to win larger contracts
- Sale-and-leaseback option to release cash from existing assets
Frequently Asked Questions
Can I finance a full production line upgrade?
Yes. Lenders can structure facilities covering multiple assets in a single agreement. For very large projects, staged drawdowns aligned with delivery and installation schedules are available.
What is sale-and-leaseback?
If you already own equipment outright, you can sell it to a finance company and lease it back. This releases the capital tied up in the asset while you continue using it. Common for manufacturers with valuable but unencumbered machinery.
Are there grants I can combine with asset finance?
Yes. Grants from Made Smarter, Innovate UK, and local growth hubs can cover part of the cost, with asset finance funding the remainder. Some grants specifically require match funding.
How are valuations done on specialist equipment?
For standard equipment (e.g. Mazak, DMG Mori, Haas), lenders have established residual value data. For bespoke or specialist equipment, an independent surveyor valuation may be required.
Related Funding Options
Asset Finance UK
Spread the cost of business equipment, machinery, and vehicles. Hire purchase, finance lease, and operating lease options for UK businesses.
Invoice Finance for Manufacturers
Release cash from trade invoices to fund raw materials, production, and growth. Invoice finance designed for UK manufacturing businesses.
Trade Finance for Manufacturers
Fund raw material and component purchases from overseas suppliers. Trade finance for UK manufacturing businesses.
Ready to Get Funded?
Submit your details and we'll match you with the right lenders from our panel. No obligation, no fees.
Learn About Our Broker NetworkCoreFi is a trading name of JG Core Ltd (Company #16218779, England & Wales). CoreFi acts as a commercial finance broker and does not provide regulated financial advice. All products described are unregulated business-to-business finance. Information on this page is for general guidance only and does not constitute a formal offer of finance. Terms, rates, and availability are subject to lender criteria and may change without notice.