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CW Asset Finance | Vehicle & Equipment Finance Yorkshire

Catering and hospitality finance

Cellar cooling finance

Cellar cooling is invisible until it fails, and then it costs you a weekend of trade and several kegs before anyone has poured a pint.

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Can you finance a cellar cooling?

Yes. Cellar cooling systems, remote coolers and dispense equipment are funded as equipment, usually on hire purchase. Used systems are rarely worth funding because the installation dominates the cost. The thing to think about before signing anything is the alternative offer. Breweries will often supply and maintain cooling as part of a supply agreement, which looks free but ties your buying for years, and the price you pay per barrel usually costs far more over that period than funding the plant yourself. Compare the two properly rather than taking the free option by default.

Used kit: Rarely. Second-hand cellar cooling is uncommon because removing a system damages it and the labour to refit outweighs the saving, so funders expect new plant from an installing contractor.

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What would a cellar cooling cost per month?

Business asset finance is quoted on a flat rate, so that is what this shows — with the equivalent APR underneath, because the two are not the same number. A quick guide only; your actual rate depends on the asset, term, deposit and lender.

Indicative flat rate
Approx. monthly£—
Get my exact rate
Total repayable£—
Cost of finance£—
Equivalent APR—%

Representative example: on Hire Purchase, borrowing £25,000 over 48 months at a 6.0% flat rate (equivalent to 11.5% APR representative), you would repay around £646 a month; total amount repayable approximately £31,000, of which £6,000 is the cost of finance. This calculator is for illustration only — it is not a quote or an offer of finance, and the rate and repayments you are offered will depend on the asset, term, deposit and your circumstances. CW Asset Finance is a credit broker, not a lender, and may receive a commission from the lender that funds your agreement. All finance is subject to status, affordability and lender approval. CW Asset Finance is an Appointed Representative of Rural Finance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 630701).

How lenders treat it

Cellar cooling sits awkwardly for underwriters. The condensing unit and cooler from J&E Hall, Marstair or Hubbard are branded and serial numbered, but the insulation, pipe runs, python and trunking are fixed into the cellar and worth nothing once cut out, so the installation is the larger part of the invoice and is soft. That pushes the decision onto the covenant, and licensed trade is underwritten conservatively, with close attention to filed accounts, whether the site is tenanted or free of tie, and how long the licensee has been there. New licensees taking a first pub find this hard. Where cooling is funded alongside a wider refit including glasswash and cellar equipment, the mix places more easily.

Makes and models we fund

Examples of the machines we are asked to fund. This is not an exhaustive list — if what you are buying is not here, it does not mean we cannot fund it. Your supplier quote is what the agreement is written against.

MachineWhat it is
J&E Hall CellarstreamPackaged cellar cooling unit
Marstair CCU cellar coolerSplit cellar cooling system
Hubbard Products cellar coolersMonoblock and split cellar units
Bitzer compressorsRefrigeration compressors for cellar plant
IMI Cornelius beer coolersUnder-bar and remote beer coolers
Lindr KONTAKT beer coolersPortable dry beer coolers
Autonumis cellar and dispense equipmentPython, fonts and dispense coolers
Angram beer dispense equipmentHand pulls and cask dispense kit
Vent-Axia cellar ventilationVentilation fans for cellar plant rooms

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Who buys one

Free houses and independent bars who want to buy wherever they like, pub operators taking on a site where the previous cooling has been stripped out or left in poor condition, and venues adding a second cellar or an outside bar with its own dispense. The trigger is usually a breakdown in summer, a cellar running warm enough to spoil stock, or the end of a brewery agreement that leaves the licensee needing to own the kit.

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How it is treated for tax

Bought on hire purchase, business plant and machinery normally qualifies for capital allowances on the full cost even though you pay for it monthly, which is a large part of why hire purchase is the common structure. On a finance lease you generally set the rentals against profit instead. The rules change between budgets and your position depends on how you trade, so treat this as the direction of travel and get your accountant to confirm the detail before you commit.

Cellar cooling finance questions

Should I take the brewery’s free cellar cooling instead of funding it?

Look at the whole cost, not the headline. Free equipment normally comes with a supply agreement fixing where you buy and often what you pay per barrel for several years. Over that period the difference in wholesale price frequently exceeds the cost of owning the plant outright, and you lose the freedom to buy from whoever is doing the best deal.

Can I fund cellar cooling for a leased pub?

Yes, and most licensees are tenants, so it is entirely normal. The funder will look at how long is left on the lease or tenancy against the agreement and may raise questions if the term is short. If the pub company owns the cellar plant already, check what you are actually allowed to replace before ordering.

Is the beer python and dispense equipment fundable too?

It can go on the same facility, though it is soft. Python, fonts, couplers and gas equipment are largely installation and are worthless once removed, so a funder is lending on your figures rather than on the kit. The chillers and condensing units are the part that carries any genuine security value.

What happens if the cellar cooling breaks during the agreement?

The payments continue, because finance and maintenance are separate things. This is why a proper service contract with the installing contractor matters, and why it is worth asking whether a fixed-term maintenance element can be included on the same invoice so it is covered by the facility rather than turning up as an unbudgeted repair bill.

Can I finance cooling for a temporary or outdoor bar?

Yes, though funders treat mobile and seasonal dispense differently from a fixed cellar. Portable coolers and trailer-mounted dispense are recoverable assets and fund reasonably well. Purpose-built outdoor bar structures are closer to fit-out, so expect the cooling equipment to be funded and the structure to be assessed on your trading strength.

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Not an offer of finance. All finance is subject to status, affordability and lender approval.

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