✓FCA regulated (Appointed Representative)✓NACFB Member✓60+ lenders searched✓Indicative decisions in as little as 24 hoursSpeak to an expert:07581 364281

CW Asset Finance | Vehicle & Equipment Finance Yorkshire

CNC and machine tool finance

Spark erosion machine finance

Die-sink eroding puts detail into hardened tool steel that no cutter will reach, and it is bought by toolrooms rather than production shops.

Whole-of-market — 60+ lenders searched, including

BarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP ParibasBarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP Paribas

Can you finance a spark erosion machine?

Yes. Sinker or die-sink EDM machines are funded as hard assets, usually on hire purchase, and used machines are fundable. The awkward part is that the eroder is only half the capability: you also need a way of making electrodes, which usually means a graphite milling machine and extraction. Funders will advance against each identifiable machine but not against the workflow as a concept. Check too whether the C-axis and toolchanger are supported, because on older machines an unsupported control leaves you with a manual eroder at a CNC price.

Used kit: Yes — used sinker EDM machines are fundable, typically to around fifteen years old where the generator, control and axis drives remain supported.

Get a quoteor call 07581 364281

What would a spark erosion machine 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

To an underwriter a sinker eroder is a narrower asset than a wire machine, because the buyer pool is mostly toolrooms rather than general subcontractors. That does not stop the deal; it means the advance follows what a specialist dealer would realise. As on all EDM, the generator and control generation is the decisive factor: a supported machine from a mainstream builder has a market, and an obsolete model with no power supply parts behind it does not, whatever the mechanical condition. Electrode holders, chucking systems and graphite stock are soft or consumable. Funders recognise that toolmaking demand is tied to new product launches and injection moulding programmes, so an order book in one sector attracts questions. Refusals cluster around thin balance sheets rather than the machine.

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
Agie Charmilles Form 200Die sinking machine for mould detail
Agie Charmilles Form 300Larger sinker for tooling and repair
Sodick AG40LSinker eroder with linear motor drives
Sodick AG60LBigger sinking machine for heavy electrodes
Mitsubishi EA12Die sinker for mould and press tool work
Mitsubishi EA8SCompact sinker for smaller tool rooms
Ona NX3Sinking machine for general tool maintenance
Ona die sinking machinesSpark eroders for toolmakers of all sizes
Erowa chucking systemsElectrode holding and referencing for erosion
System 3R toolingPallet and electrode systems for erosion cells

Get a quoteor call 07581 364281

Who buys one

Mould toolmakers putting ribs, text and fine detail into cavities, press tool shops producing form detail, and repair specialists reclaiming worn tooling. Also bought by aerospace subcontractors machining cooling holes and slots in hard alloys. The trigger is often a mould programme where the detail cannot be milled and the external eroding bill has grown to the point of paying for a machine.

Get a quoteor call 07581 364281

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.

Spark erosion machine finance questions

Can the electrode milling machine be funded at the same time?

Yes, and it usually should be. A graphite mill is a machine tool in its own right with its own serial number, so a funder can treat it as security. Putting both on one facility makes the project cleaner than funding one and paying cash for the other, and it gives the underwriter a coherent picture of what you are building.

Are chucking systems like Erowa or System 3R fundable?

They can be, as part of a machine deal, though funders often treat pallets, chucks and holders as soft cost and cap them. These systems hold their value reasonably well in the trade, which helps the argument. Where the spend is large it may be better placed in its own facility rather than squeezed into the machine advance.

Does graphite dust extraction get included?

Extraction supplied and invoiced with the machine can usually be included. A standalone extraction plant with ducting and installation is normally a separate matter, because the ducting becomes part of the building. Given graphite dust is both a health and an electrical issue, treat extraction as an essential project cost regardless of how it is funded.

Is a manual eroder worth funding?

It is fundable, but the values are modest and deal size becomes the limiting factor. Where a small manual machine is bought alongside other equipment it slots in easily. As a standalone purchase, many funders will not write an agreement that small, so it is often simpler to buy it outright.

How quickly can a toolroom purchase like this be arranged?

Where the company has filed accounts and a clean credit profile, a decision often comes back within a working day and documents follow quickly after. Used machine purchases can take longer if an inspection is wanted. The realistic timetable is usually set by the supplier’s delivery date, not by the funding.

Get a quoteor call 07581 364281

Also in CNC and machine tool finance

See everything we fund in CNC and machine tool finance →

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

Get your quote

Tell us what you’re looking to fund and Conor will come back to you personally — usually the same day.

Prefer to talk? Call 07581 364281 · serving Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire.