Grain dryer finance
Funding for continuous flow, batch and mobile grain dryers and the conveyors, elevators and controls installed with them.
Whole-of-market — 60+ lenders searched, including
Can you finance a grain dryer?
Yes, but how it is funded depends on whether the dryer is mobile or installed. A mobile or trailed batch dryer is a normal piece of machinery and funds like any other asset on hire purchase. A fixed continuous flow dryer bolted into a building is different: once installed it may legally become part of the property, so a funder will often want the landlord or the bank holding a charge over the farm to confirm in writing that the equipment remains the funder’s until it is paid for. That waiver is the single thing that delays these deals, so start it early.
Used kit: Yes for mobile and trailed dryers; installed secondhand plant is assessed case by case
Get a quoteor call 0333 772 4864
What would a grain dryer 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
Installed drying plant is underwritten differently to mobile machinery. The equipment itself has a long life but a limited secondhand market, because moving an installed dryer out of a building is expensive, so a funder is lending more against the farm than against the resale of the asset. Expect closer scrutiny of accounts, cropping and storage capacity. Suppliers frequently need stage payments during a summer installation, so the agreement has to be structured around a commissioning date rather than a single invoice, and a funder will want confirmation the plant is installed and working before the final payment is released. Landlord or mortgagee waivers on tenanted and mortgaged holdings are the usual sticking point. Repayments weighted towards post-harvest income are standard.
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 |
|---|---|
| Opico GT mobile dryers | Towable batch dryers for smaller stores |
| Mecmar batch dryers | Mobile recirculating batch grain dryers |
| Alvan Blanch Double Flow | Continuous flow dryer for mixed crops |
| Alvan Blanch batch dryers | Batch drying plant for on-farm stores |
| Perry of Oakley Savannah | Continuous flow grain dryer |
| Perry of Oakley chain and flight conveyors | Handling plant feeding the dryer |
| Svegma continuous flow dryers | High-capacity mixed flow drying towers |
| Skandia Elevator bucket elevators | Vertical handling for dryer intake |
| Guttridge conveyors and elevators | Grain handling plant for stores |
| Kongskilde grain fans | Aspiration and ventilation fans for drying |
Get a quoteor call 0333 772 4864
Who buys one
Arable farms tired of drying charges and grain rejected on moisture at the merchant, growers who have expanded acreage beyond what their existing dryer can handle in a wet harvest, and farms moving into storing grain to sell later in the season rather than off the combine. The trigger is nearly always one damp harvest where grain came off wet, the dryer could not keep up and the combine had to stop.
Get a quoteor call 0333 772 4864
We publish the deals we arrange, with no client named and no rate quoted. See what we have funded in agriculture.
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.
Grain dryer finance questions
Is a fixed grain dryer treated as machinery or as part of the building?
Legally it can become a fixture once it is installed, which is why funders ask for a waiver from the landlord or from the bank with a charge over the farm. The waiver simply confirms the dryer remains the property of the funder until the agreement is settled. On owner-occupied land with no mortgage it is usually straightforward.
Can the installation and commissioning costs be included?
Usually yes, where the supplier invoices them as part of the project. Groundworks, electrical connection and commissioning are ordinarily fundable alongside the equipment. Purely civil works such as a new concrete base or a building extension may need a different route, and we would look at those separately.
Can I finance a dryer if I am a tenant?
Yes, but it takes longer. Your landlord will need to confirm in writing that the equipment is not theirs by virtue of being installed, and depending on your tenancy agreement you may also need consent for the works. Raise it with the landlord at the same time as you get the quote, not after.
How are stage payments handled during an installation?
The funder pays the supplier against agreed milestones rather than releasing everything up front, and the agreement normally starts once the plant is commissioned. That protects you, because your repayments are not running while the dryer is still in pieces. It does mean the paperwork is more involved than buying a tractor.
Is it worth drying on farm rather than paying merchant charges?
That is a numbers exercise on your own harvest, but the usual argument is not only the drying charge. It is the ability to keep the combine running in a wet harvest and the flexibility to hold grain and sell when the price suits rather than off the field. We can only help with the funding side, but the case is usually built on both.
Get a quoteor call 0333 772 4864
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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 0333 772 4864 · serving Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire.
Specialist agricultural funding
Machinery, livestock and land — each with its own page, because each is assessed differently.