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Equipment Finance UK - Machinery, Vehicles & Equipment Funding

Finance the equipment your business needs without a large upfront cost.

Equipment finance designed for UK businesses:

Machinery finance

Vehicle funding

Flexible terms

Transparent pricing

SimplyFunded offers equipment finance for UK businesses. Machinery finance, equipment financing, and small business equipment loans - all with a simple online process.

Apply in 60 Seconds

What Is Equipment Finance?

Equipment finance is a funding solution that allows your business to acquire essential equipment, machinery, or vehicles without paying the full cost upfront. Instead of depleting yourworking capital to buy equipment outright, you spread the cost over time through fixed payments.

The equipment itself typically serves as security for the finance, which means equipment finance can be easier to qualify for than unsecured funding. This makes it an attractive option for manufacturing, construction, logistics, and other capital-intensive businesses.

Equipment financing is available for a wide range of business assets including machinery, commercial vehicles, IT equipment, medical devices, and office technology. For more options, explore our asset finance page.

How Equipment Finance Works

1

Choose Your Equipment

Select the machinery, vehicle, or equipment your business needs. We can finance both new and used equipment from approved suppliers.

2

Apply for Finance

Complete our simple online application with your company details and information about the equipment you want to finance.

3

Get Approved

We review your application and provide a decision. The equipment itself serves as security for the finance.

4

Acquire Your Equipment

Funding is provided to purchase the equipment, and you repay through fixed monthly payments over an agreed term.

What Equipment Can Be Financed?

  • Manufacturing machinery - CNC machines, presses, production line equipment, and industrial machinery.
  • Construction equipment - Excavators, diggers, dumpers, scaffolding, and site equipment.
  • Commercial vehicles - Vans, lorries, trucks, and fleet vehicles for logistics businesses.
  • IT and technology - Computers, servers, software licences, and office technology.
  • Medical equipment - Devices and equipment for healthcare, dental, and veterinary practices.

Benefits of Equipment Finance

Preserve Working Capital

Instead of spending a large amount on equipment upfront, spread the cost over time and keep your cash for day-to-day operations.

Fixed Monthly Payments

Know exactly what you will pay each month with fixed payments. No fluctuating rates or surprise charges. Easy to budget.

Ownership at the End

With equipment finance (hire purchase), you own the equipment once all payments are made. It becomes a business asset.

Easier Qualification

Because the equipment serves as security, equipment finance can be easier to qualify for than unsecured business loans.

Equipment Finance vs Business Loan

If you are deciding between equipment finance and a standard business loan, here is how they compare:

  • Equipment finance is specifically for purchasing equipment and is secured against the asset. It typically offers competitive rates but restricts what you can buy.
  • Business loans provide a lump sum you can use for any purpose, offering more flexibility. They may be unsecured, but qualification criteria can be stricter.

For a broader view of funding options, visit our asset finance page or business loans page.

Frequently Asked Questions

Equipment finance is a funding solution that allows you to purchase or lease business equipment without paying the full cost upfront. You spread the cost over time through fixed payments, preserving your working capital for other business needs. Equipment finance covers machinery, vehicles, IT equipment, and more.

Need Equipment Finance?

Finance the machinery, vehicles, or equipment your business needs. Apply today.

Apply Now

Helpful links

Asset financeAutomotive business loansConstruction business loansMerchant cash advanceWorking capital loansBusiness loansApply for equipment funding

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Fast, flexible business loans for UK SMEs. Funding direct from the lender.

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SimplyFunded is a trading name of Morley Capital Limited, registered in England & Wales (Company No: 14566089).

ICO Registration: ZB499041 | Direct Funder

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