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CW Asset Finance | Vehicle & Equipment Finance Yorkshire

Rural and agricultural finance

Telehandler finance

Asset finance for agricultural telescopic handlers, the machine that ends up doing feeding, muck, bales and yard work every day of the year on most farms.

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 telehandler?

Yes, and telehandlers are one of the easier agricultural assets to place because two separate groups of funders want them: agricultural lenders and general plant lenders. That competition usually works in your favour. They are normally funded on hire purchase. Used machines are well supported because the resale market extends beyond farming into construction, recycling and groundworks. The point that trips people up is attachments. Buckets, grabs, bale spikes and man baskets are often invoiced separately by the dealer, and a funder will only fund them if they appear on the same invoice as the machine, so get one document covering the lot.

Used kit: Yes, including machines with high hours where the service history is complete

Get a quoteor call 07581 364281

What would a telehandler 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

Lenders like telehandlers because the exit route is broad. A machine that is too tired for a dairy yard still has a working life on a construction site or in a builders merchants, which supports the funder if they ever have to recover it. Hours, boom condition and tyre condition drive the view of the machine more than age. Agri-spec machines from JCB, Manitou, Merlo and Claas are the strongest. Where a funder will get uncomfortable is unbranded imports, machines with no CESAR marking, and anything with a rebuilt boom and no paperwork. Because telehandlers earn all year rather than in one season, lenders generally expect regular repayments here rather than a harvest-linked profile.

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
JCB 536-60 AGRI SuperCompact farm telescopic handler
JCB 542-70 AGRI ProSeven-metre farm telehandler with torque converter lock-up
JCB TM320Articulated telescopic wheel loader for yards
Manitou MLT 737-130 PS+Agricultural telehandler for loading and stacking
Merlo Turbofarmer TF42.7Side-engine telehandler with cab suspension
Claas Scorpion 741Farm telehandler for silage and bales
Massey Ferguson TH.7038Agricultural handler for loader and bucket work
Kramer KT357Compact telehandler for tight livestock buildings
Bobcat TL38.70Telescopic handler for yard and site work
Weidemann T7042Compact telehandler for dairy and poultry units

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Who buys one

Dairy and beef units where the handler is on feeding and bedding every morning, arable farms loading grain and moving pallets of fertiliser, and poultry and pig units running one continuously through cleanouts. The usual trigger is the existing machine reaching the point where boom wear, hydraulic leaks or a tired transmission make it unreliable during the busiest weeks, or the farm finally accepting that a loader tractor is not doing the job properly.

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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.

Telehandler finance questions

Can I put the attachments on the same finance as the telehandler?

Yes, provided they are on the same invoice as the machine. Grabs, buckets, bale handlers and pallet forks can all be included. If the dealer invoices attachments separately or you buy them later from a different supplier, most funders will treat that as a second, small deal which is usually not worth doing. Ask for one combined invoice.

Is a telehandler funded as farm machinery or as plant?

Either, and that is genuinely useful. Agricultural funders see it as core farm kit and plant funders see it as construction equipment. We can approach both and take the better structure. Farms with seasonal income often sit better with an agricultural lender, while contracting businesses sometimes get a keener answer from a plant funder.

Do I need a licence or certificate to run a telehandler on the farm?

Finance does not depend on it, but health and safety law does expect operators to be adequately trained, and many insurers now ask. Employers in particular should have operators certificated. It is worth having in place regardless, because an accident with an untrained operator creates problems well beyond the finance agreement.

Can I finance a telehandler if I also do paid work off the farm with it?

Yes, and you should say so. Contracting and off-farm hire income strengthens an application because it shows the machine generating cash rather than only costing money. What matters is that the income is evidenced, through invoices or a contract, rather than just described.

Are older telehandlers still fundable?

Yes. Because the resale market is so wide, funders will take a considerably older telehandler than they would many other farm machines. Expect more questions about boom and chain condition, recent thorough examination reports, and whether the machine has been on a heavy-duty application such as muck or silage all its life.

Get a quoteor call 07581 364281

Also in rural and agricultural finance

See everything we fund in rural and agricultural finance →

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

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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.