Scaffold hoist finance
A hoist is the one item in a scaffolder’s yard that looks like a machine, with a motor, a serial plate and a thorough examination certificate.
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Can you finance a scaffold hoist?
Yes, and hoists are the easiest thing a scaffolding contractor can finance. Unlike the rest of the yard, a hoist is a single identifiable machine with a manufacturer, a model, a serial number and a LOLER examination record, so funders can underwrite it the way they underwrite any item of plant. That means a wider field of lenders, a quicker decision and better terms than a scaffold stock purchase. Hire purchase is standard. Larger rack-and-pinion mast climbers and passenger-rated hoists carry more value and more compliance obligations, and are assessed accordingly.
Used kit: Yes — used hoists fund readily, commonly to around ten or twelve years, provided LOLER thorough examination records are current and continuous.
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What would a scaffold hoist 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
Among scaffolding assets the hoist is the exception that proves the rule. Where the rest of the sector forces funders to lend against a quantity, a hoist gives them a serial number to write on a schedule, an inspection regime that proves it has been maintained, and a used plant market where machines change hands with documentation. Funders consequently treat it as plant rather than as scaffold stock, and appetite is far broader. What they focus on instead is compliance: current thorough examination under LOLER, valid certification, and whether a passenger-rated machine is being used within its rating. A hoist without inspection paperwork loses most of its market value, so funders check the records exist before they release funds.
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 |
|---|---|
| GEDA 200 Z | Scaffold mounted material hoist |
| GEDA 500 Z/ZP | Rack and pinion goods and passenger hoist |
| GEDA Lift 250 Comfort | Wall mounted cable material hoist |
| Maber MB 200 | Scaffold wheel and gantry hoist |
| Camac Minor Millennium | Portable scaffold material hoist |
| Electroelsa Elsa 200 | Scaffold mounted cable hoist |
| Bocker Agilo | Trailer mounted tile and slate lift |
| Alimak Scando 650 | Rack and pinion construction hoist |
| Scanclimber SC1000 | Mast climbing work platform |
| Bohnke and Partner Ladder Lift | Roofing ladder lift for tiles |
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Who buys one
Scaffolding contractors who have spent years hiring a hoist onto every job, roofing and cladding firms lifting materials up multi-storey elevations, and access hire companies adding lifting equipment to a fleet. The trigger is repetition: once the same hoist is hired for eight jobs in a year, the operations manager asks the obvious question.
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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.
Scaffold hoist finance questions
Why is a hoist easier to finance than scaffold stock?
Because it is a single identifiable machine. It has a plate, a serial number, a service history and an inspection record, so a funder can trace it, value it and sell it. Scaffold stock offers none of that, which is why mainstream plant funders will look at a hoist and decline a yard of tube.
Do funders require LOLER certification?
In practice yes, for anything lifting materials or people. Current thorough examination records are what make the machine legally usable and commercially saleable, and a hoist without them is worth a fraction of its book value. Funders check the paperwork exists before drawdown and expect it to be maintained.
Can a passenger hoist be financed on the same basis?
Yes, although the values are higher and the compliance obligations heavier, so underwriting is more detailed. Funders look at the rating, the examination regime and the operator training in place. The stronger asset value usually offsets the additional scrutiny and terms remain competitive.
Is a mast climber treated as a hoist?
Funders generally classify mast climbing work platforms as powered access rather than as scaffold equipment, which puts them with a different and often larger group of lenders. The values are substantially higher, and the assessment resembles that for a large piece of access plant.
Can I fund a hoist alongside a scaffold stock purchase?
Yes, but they may not sit with the same funder. It is common to place the hoist with a plant lender on good terms and the stock with a specialist who handles scaffold, using two agreements. A broker arranging both together keeps the overall package coherent.
Get a quoteor call 0333 772 4864
Also in scaffolding finance
- System scaffolding finance
- Tube and fitting scaffold finance
- Scaffold tower finance
- Scaffold boards finance
- Temporary roof system finance
- Edge protection finance
- Scaffold transport lorry finance
- Shoring equipment finance
See everything we fund in scaffolding finance →
Not an offer of finance. All finance is subject to status, affordability and lender approval.
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