Yes. CNC machine tools, machining centres, lathes, laser and waterjet cutters, CNC routers, edgebanders, panel saws, moulders and dust extraction systems can all be financed. CW Asset Finance arranges funding for engineering and joinery workshops buying both new and used machinery.
These are usually treated as hard assets, but with a caveat: the second-hand market for a specific machine can be narrow, and heavily customised or software-dependent installations are harder for a lender to value. Machines from well-established manufacturers with an active resale market tend to attract more funders and better terms than one-off builds.
Installation, tooling, commissioning and training are sometimes included in the finance and sometimes not, depending on the lender. Ask before you sign a supplier order, because a machine that has been paid for but cannot be commissioned is a common and expensive problem. Long lead times on new machinery also mean the finance offer may need to be revalidated before delivery.
A large machine tool is a substantial commitment against workshop capacity you have to keep filled. If the work does not materialise, the payments still fall due and the machine secures the agreement. Terms depend on lender assessment and your circumstances.