Wire erosion cuts what cannot be milled, and funders judge these machines on the generator and the support behind it.
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Yes. Wire EDM machines are funded as hard assets, typically on hire purchase, and used machines from the main builders are regularly funded. The point buyers miss is that the generator, not the mechanics, dictates the value. A machine whose power generator and control are no longer supported is difficult to place however well the axes move, because a failed generator on an obsolete machine effectively ends its life. Deionisation resin, filters, wire and a chiller are running costs and consumables, sitting outside the finance rather than inside it.
Used kit: Yes — used wire EDM funds well, commonly up to around twelve to fifteen years old provided the generator and control remain supported.
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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.
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).
Funders treat wire erosion as a specialist but well-understood asset. There is an international dealer trade for the main Japanese and Swiss names, which is what makes recovery realistic, and underwriters familiar with engineering know the brands. Where they focus is on generation and support: the control and generator determine whether the machine has a future, and an unsupported model is discounted heavily regardless of hours or appearance. Filters, resin, wire and CAM programming are all treated as soft or consumable. Sector-wise, wire EDM sits with toolmaking, which is steadier through a downturn than volume production machining because tools still need repair. Declines are usually credit-led, or come where a machine is an orphan model with no parts route.
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 |
|---|---|
| Agie Charmilles CUT 200 | Wire erosion machine for precision profiles |
| Agie Charmilles CUT E 350 | Value wire machine for toolmakers |
| Mitsubishi MV1200R | Wire machine with clean cut technology |
| Mitsubishi MV2400R | Larger wire eroder for bigger tooling |
| Sodick AQ537L | Linear motor wire machine for accuracy |
| Sodick VL400Q | Compact wire eroder for small tool shops |
| Makino U6 | Wire machine for tall and tapered cuts |
| Fanuc Robocut alpha-C400iB | Reliable wire eroder for unattended running |
| Fanuc Robocut alpha-C600iB | Bigger tank wire machine for larger dies |
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Press tool and mould toolmakers cutting punches, dies, extrusion profiles and inserts, plus precision subcontractors producing hardened or exotic parts that cannot be machined conventionally. Also aerospace and medical suppliers cutting slots and forms in titanium and Inconel. The trigger is frequently a lead time problem: a toolmaker waiting a fortnight for an eroding subcontractor while their own press is standing.
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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.
No, those are running costs rather than assets. A funder advances against equipment it could recover and resell, and a drum of wire or a set of filters does not qualify. Budget them as part of your hourly operating cost. The machine, the chiller supplied with it and any automation on the same invoice are the fundable elements.
A great deal. The generator is the heart of the machine and is the part a funder worries about, because a failure on an unsupported model can write off the machine. When you are viewing used machines, ask the dealer directly whether the builder still supplies generator parts, and tell us the answer, because it shapes which funders will engage.
Not directly, but it does make the machine more desirable second-hand, which supports the value. Threading is what allows unattended running, and buyers pay for it. A funder does not add a premium for features; they simply take a view on what the complete machine would realise, and threading is part of that view.
No. The dielectric arrangement is a technical choice, not a credit one. What a funder looks at is brand, generation, support and condition. Submerged machines are the mainstream choice for accuracy work and are traded normally, so there is no funding penalty attached to them.
Yes, and it is common for toolrooms to buy both at once when they bring eroding in-house. One agreement covering two machines is usually simpler than two, keeps the paperwork in one place and can help the overall proposal clear a funder’s thresholds. The machines can come from different suppliers.
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Tell us what you’re looking to fund and Conor will come back to you personally — usually the same day.
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