Shoring equipment finance
Shoring keeps a trench open and a gang alive, and the boxes, struts and props that do it are heavy, durable and surprisingly fundable.
Whole-of-market — 60+ lenders searched, including
Can you finance shoring equipment?
Yes. Shoring kit finances better than most scaffolding assets because the individual items are large, heavy and worth real money on their own. A trench box, a hydraulic waler or a set of heavy-duty props from a recognised manufacturer is identifiable, has a published used value and is traded actively between groundworkers and hire companies. Hire purchase is the usual route. Funders will want the manufacturer, the sizes and depths the equipment is rated for, and whether the kit is going into a hire fleet, which changes how the deal is assessed.
Used kit: Yes — used shoring is traded widely and funders support it into its second decade where the steelwork is true and hydraulic components have been serviced.
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What would shoring equipment 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
Shoring sits at the opposite end of the scaffolding spectrum from loose tube. Instead of value spread thinly across thousands of anonymous parts, it concentrates into a handful of heavy fabricated items with maker’s plates, depth ratings and a genuine second-hand market, which is much closer to what a funder recognises as security. Steel content alone gives a floor value that tube and boards cannot match. Where underwriters concentrate is on end use and condition: kit that has been buried, dragged and struck by excavator buckets deteriorates, and distorted boxes or leaking hydraulic struts lose their rating. Hire fleet buyers face the usual additional test, with utilisation and existing fleet composition examined alongside the accounts because repayment is expected out of hire income.
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 |
|---|---|
| MGF Standard Trench Box | Steel trench shield for excavations |
| MGF Manhole Brace | Hydraulic manhole box bracing frame |
| MGF Hydraulic Waler Frame | Hydraulic waler for sheeted excavations |
| Groundforce Shorco Trench Box | Steel drag box for pipe trenches |
| Groundforce Shorco Manhole Brace | Adjustable hydraulic manhole brace |
| Mabey Hire Trench Strut | Adjustable steel trench strut |
| Mabey Hire Trench Sheets | Interlocking steel trench sheeting |
| Krings Slide Rail System | Slide rail shoring for deep excavations |
| Altrad Push Pull Props | Heavy duty adjustable propping |
| RMD Kwikform Superslim Soldier | Modular soldier beam for shoring |
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Who buys one
Drainage and groundworks contractors, utility providers’ contract partners, and shoring hire specialists. The purchase usually follows a framework award for deep drainage or mains replacement, where the same boxes will be in the ground continuously for a year or more and the hire bill for a full set starts to rival the purchase price within the contract period.
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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.
Shoring equipment finance questions
Is shoring easier to finance than scaffolding?
Generally yes. The items are large, individually valuable and carry maker’s plates, so a funder can identify and value what they are secured on. That brings a wider group of lenders into play than you would find for a tube and fitting stock purchase of comparable value.
Do funders ask about excavation depth ratings?
On larger packages they do, because the rating determines what work the kit can legally support and therefore who would buy it. Deep-rated slide rail systems sell into a specialist market, while shallow drainage boxes have a much broader one. Supplying the maker’s data sheet answers this immediately.
How does damage affect a shoring agreement?
Distorted panels and failed hydraulics reduce both the safety rating and the value, so funders expect the kit to be inspected and repaired rather than run into the ground. Damage is not a default in itself, but a fleet visibly wrecked at the end of a term affects how the next application is received.
Can a hire company fund a shoring fleet?
Yes, and hire fleets are a large part of this market. The assessment looks at utilisation rates, the existing fleet profile and whether hire income services the commitment through a quiet quarter. Established operators with utilisation data find this straightforward; new entrants face more questions.
Can trench sheets be included?
Usually yes, as part of a wider package. Sheets are consumable in the sense that they bend and get left in the ground, so funders prefer them not to dominate the invoice. Alongside boxes, frames and props they sit within the schedule without difficulty.
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 hoist finance
- Scaffold transport lorry 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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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.