Yes. Groundscare and turf machinery is a well-established asset class. Ride-on and cylinder mowers, greens and fairway mowers, aerators, top dressers, sprayers, utility vehicles, compact tractors and tractor-mounted attachments are all routinely financed on hire purchase, lease or contract hire.
The customers are varied — golf clubs, local authorities, sports grounds, schools, estates, contract grounds maintenance firms and landscapers — and lenders will assess each differently. A trading limited company, a members’ club and a sole trader landscaper are three quite different credit propositions even if they are buying the same mower.
Seasonality applies here too. Grounds machinery earns hardest in the growing season, and some lenders will consider a seasonal or deferred profile to reflect that. Fleet replacement is also common in this sector, where several machines are refreshed together on a rolling cycle, and that can often be arranged under a single facility.
The benefit is that you can keep machinery current without a large capital outlay, which matters when playing surfaces or contract standards depend on reliable kit. The cost is the total paid over the term and the ongoing commitment. If payments are not maintained the machinery can be repossessed.