The practical answer
Potentially. Lenders assess age, condition, value, provenance and remaining useful life. Older or specialist machinery may require more information or a valuation.
Provide serial numbers, specification, service history, photographs and evidence of the seller’s ownership. Tell the lender about refurbishment, defects or missing records.
The agreed purchase price may differ from the value accepted for funding. Ask about valuation requirements and cash needed for moving, installing and commissioning the equipment.
Commercial finance is subject to status, lender approval and the specific asset and transaction. The right structure depends on the complete circumstances of the business.
What should I do next?
Have the asset details, supplier information and an outline of what the business needs ready. DCF can then discuss the requirement and identify which lenders may be suitable.
Read: Plant & machinery finance →Explore the relevant guides
CNC & manufacturing finance — For production machinery, tooling and commissioning plans.