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CW Asset Finance | Vehicle & Equipment Finance Yorkshire

← All finance questions

Can I finance a CNC machine?

Yes. CNC machining centres, lathes, mills, routers and turning centres are regularly funded by asset finance lenders. They are high-value, serial-numbered and long-lived, which gives a funder reasonable security. Both new machines from UK and overseas suppliers and quality used machines can be considered, subject to the lender’s assessment of you and the machine.

CNC purchases often involve staged payments — a deposit to the manufacturer, a balance before shipping, then installation and commissioning. Some lenders will release funds in stages against supplier invoices; others will only pay out once the machine is delivered and signed off. Getting this agreed up front avoids a cash-flow gap in the middle of the order.

Imported machines add complications worth planning for: exchange rates, import duty, freight, rigging and installation costs, and longer lead times. Tooling, software licences, chip conveyors and coolant systems may or may not be fundable within the same agreement, so list everything on the quote rather than assuming it is covered.

Highly specialised or heavily bespoke machines can be harder to fund than the headline value suggests, because the resale market is thin. Payments run whether or not the machine is producing, so consider what happens if a customer contract that justified the purchase does not materialise. Missed payments can lead to repossession.

Thinking about it for your own business?

Tell us what you are looking to fund and we will search our panel of 60+ lenders. No credit search at this stage, and indicative decisions in as little as 24 hours.

CW Asset Finance is a credit broker, not a lender. Finance is subject to status and lender approval.