Bar feeder finance
A bar feeder is what turns a lathe into an unattended machine, and funders read it as part of that machine rather than as a thing in itself.
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Can you finance a bar feeder?
Usually yes, but a bar feeder on its own is a harder standalone proposition than a lathe. It is funded as equipment, most often on hire purchase, and the cleanest route is to include it on the same invoice as the machine it feeds. Used feeders are fundable through dealers. The point that catches people out is value: a feeder is a fraction of the cost of the lathe, and some funders have a minimum size of deal below which they will not write an agreement at all. Bundling it with the machine, or with other kit, usually solves that.
Used kit: Yes — used bar feeders are fundable, particularly from known brands and where they are bought as part of a larger machine purchase.
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What would a bar feeder cost per month?
Asset finance is quoted on a flat rate, so that is what the buttons show, with the equivalent APR beside it. Your exact rate depends on the asset, the term, the deposit and the lender.
Prime is an established, profitable business with clean credit. Specialist covers newer businesses and credit that needs explaining — the asset itself carries part of the risk, which is why finance is often available where an unsecured loan is not.
Representative example: on Hire Purchase, borrowing £25,000 over 48 months at a 5.15% flat rate (equivalent to 9.9% APR representative), you would repay around £628 a month; total amount repayable approximately £30,150, of which £5,150 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.
Rates shown are indicative flat rates with the equivalent APR alongside — the two are not the same number. Indicative only and does not constitute a quote or an offer of finance. Subject to status and lender approval.
How lenders treat it
Underwriters see the feeder as an accessory to a primary asset. Recognised brands such as Iemca, LNS, FMB and Hydrafeed have a genuine second-hand trade, so the security is real, but the ticket size is small and administration costs are the same as on a bigger deal. That economics, not the asset quality, is why some funders pass. Where it is invoiced alongside the lathe it disappears into a normal machine tool proposal and no one blinks. Interfacing cables, brackets and installation are soft cost. Funders also know feeders are collar-specific, so a machine-specific feeder being sold on its own realises less than the brand would suggest. Declines are almost always about deal size or a weak trading position, not the equipment.
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.
| Machine | What it is |
|---|---|
| Iemca Boss 338 | Bar feeder for fixed head turning centres |
| Iemca Master 880 | Magazine feeder for long bar running |
| LNS Quick Load Servo 80 | Short bar feeder for turning centres |
| LNS Sprint 545 | Magazine bar feeder for sliding head lathes |
| LNS Express 220 | Compact feeder for small diameter bar |
| FMB Turbo 3-38 | Bar feeder for small to medium bar stock |
| FMB Minimag 20 | Magazine feeder for fine bar turning |
| Hydrafeed Multifeed 80 | British built feeder for turning centres |
| Hydrafeed short bar magazines | Short bar loaders for unattended running |
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Who buys one
A turning shop that is losing hours to manual bar loading, or one that wants a proven job running overnight without an operator. Often bought when a customer doubles a schedule and the existing short feeder cannot hold enough stock. Also common when a shop buys a used lathe that came without a feeder, or moves from three-metre to six-metre bar to reduce remnant waste and handling.
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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.
Bar feeder finance questions
Is a bar feeder too small to finance on its own?
Sometimes, yes. Several funders set a minimum agreement size, and a single feeder can fall below it. That does not mean it cannot be funded; it means we go to funders who write smaller agreements, or we combine it with other equipment you are buying so the overall facility makes sense for everyone.
Can I add a feeder to an existing finance agreement on my lathe?
Not usually to the existing agreement, which is already documented and drawn. What normally happens is a second agreement with the same or a different funder. If you are within a few months of taking the lathe and the same funder is comfortable, it can be quick, since they already hold your information.
Does it matter that the feeder is machine-specific?
It matters to the value, not to whether it can be funded. Feeders are set up for particular spindle bores and collet arrangements, so the resale pool is narrower than the brand name implies. A funder takes a conservative view of that, which is another reason feeders sit more comfortably inside a machine deal than outside one.
Can I refinance a feeder I already own?
Possibly, though the sums involved are often too small to justify a standalone refinance. Where it is one item among several unencumbered machines, a funder may include it in a broader refinance of your equipment. On its own it rarely releases enough to be worth the paperwork.
Will finance cover the interface kit and installation?
Often not as separate lines. Cables, brackets and the engineer’s time to interface the feeder to the lathe are soft costs. If the supplier quotes the feeder installed and commissioned as a single price on one invoice, it is generally straightforward. Itemised installation labour on its own line is the version funders tend to strip out.
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Not an offer of finance. All finance is subject to status, affordability and lender approval.
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