Industrial & engineering
CNC machining centres, lathes, press brakes, laser cutters, welders, compressors, woodworking machinery, print and packaging lines
Haas, Mazak, DMG Mori, Trumpf, Amada, SCM, Biesse, Heidelberg, Bobst
BUSINESS ASSET FINANCE
When a business closes,the kit goes cheap.Be ready to buy it.
Closure and liquidation sales move fast. Seek pre-approval for a kitchen, workshop or warehouse purchase, and understand your proposed budget before bidding.
Buying at auction, live or online
Understand your proposed limit before the sale opens. Check the lender’s conditions and the payment deadline before bidding on single lots or a whole line.
Buying from a dealer or direct from a business
Discuss finance before negotiating with the seller. A proposed budget helps you plan, but payment depends on the lender’s final approval.
- From £26,000
- New or used
- No broker fee
- No obligation
Pre-approval sets out a proposed budget, not guaranteed funding. Finance remains subject to the asset, your business and the lender’s final approval and conditions.
Business equipment we finance
If your business runs on it, we can usually finance it. One machine or a full fit-out, new or used.
Warehouse & logistics
Forklifts, reach trucks, pallet trucks, racking, conveyors, wrapping machines
Toyota, Linde, Jungheinrich, Still, Hyster, Crown
Food & hospitality
Combi ovens, refrigeration, dishwashers, coffee machines, bar kit, food and drink production lines
Rational, Hobart, Foster, Williams, Winterhalter, La Marzocco, GEA
Health, beauty & fitness
Dental chairs, sterilisers, treatment couches, salon furniture, aesthetics lasers, gym equipment
Planmeca, A-dec, Belmont, Technogym, Life Fitness, Matrix
Office, retail & facilities
Servers, networking, computers, phone systems, office furniture, shop fittings, EPOS, display fridges, floor scrubbers, commercial laundry
Dell, HP, Cisco, Apple, Kärcher, Nilfisk, Tennant, Electrolux Professional
Your budget agreed in three steps
- 1
Tell us what you need.
The kind of equipment, roughly what you want to spend and where you’re buying. Complete the application below with your personal, address and business financial details.
- 2
We find the lender.
We take your details to the asset finance lenders on our panel and agree your limit. No chasing on your part.
- 3
Your limit, in writing.
A facility letter with your budget ceiling, in hand before the sale closes or the seller wants an answer.
Winning bid? Forward the invoice and the lender pays the auctioneer or seller direct.
Already won the lot without finance in place? Send us the invoice and we'll find a lender to pay the seller, fast.
See what the kit could cost you each month
Put in the asking price and term to see the deposit and an estimated monthly repayment. Then get pre-approved and swap the estimate for a real figure.
Estimate your repayments
Estimated monthly payment
over 60 months
- Amount financed
- £90,000
- Total repayable
- £117,000
- Cost of finance
- £27,000
- Equivalent APR
- 11.4%
For illustration only — not a quote or an offer of finance. Estimates assume equal monthly payments, paid in arrears, with no fees or final balloon payment. Total repayable excludes your deposit. The rate and repayments offered will depend on the asset, term, deposit and lender, and are subject to status and lender approval.
Figures are illustrative only. Your actual rate depends on the equipment, your business and lender criteria.
Before you bid, read our guide: Buying Business Assets at Auction: Things Worth Thinking About
BUSINESS ASSET FINANCE APPLICATION
Get your limit agreed
This is a full finance application. Have your purchase details, personal and address history, and business financial figures ready. Bank details and supporting documents are optional. No broker fee. No obligation.
Where to buy business equipment at auction in the UK
These auctioneers sell the equipment of businesses that are closing, restructuring or in insolvency, mostly through weekly online sales. Agree your limit first, then watch their catalogues.
BTG Eddisons (Eddisons Asset Auctions)
Head office Leeds; national auction centre in Scunthorpe; 35 UK offices
Visit site — BTG Eddisons (Eddisons Asset Auctions) (opens in a new tab)John Pye Auctions (Business Assets)
HQ Nottingham; auction sites across England, Scotland and Wales
Visit site — John Pye Auctions (Business Assets) (opens in a new tab)BPI Auctions
Normanton, Wakefield, West Yorkshire; online auctions nationwide
Visit site — BPI Auctions (opens in a new tab)Begbies Traynor Group (Asset Sales)
Online auctions nationwide, plus saleroom auctions
Visit site — Begbies Traynor Group (Asset Sales) (opens in a new tab)Hilco Valuation Services Europe
London
Visit site — Hilco Valuation Services Europe (opens in a new tab)Gordon Brothers
London, with UK offices in Leeds and Manchester
Visit site — Gordon Brothers (opens in a new tab)Kumar & Co
Walsall, West Midlands
Visit site — Kumar & Co (opens in a new tab)Hammer Ready is independent and not affiliated with the auctioneers listed. Always check each sale’s terms, buyer’s premium, VAT and collection deadline.
Business asset finance FAQs
What does pre-approval give me?
A facility letter setting out a proposed budget for the equipment. This is not guaranteed funding: the lender must approve the purchase and its conditions must be met before payment.
Can you finance used equipment?
Yes. Most used business equipment can be financed. Lenders look at age, condition and resale value, so older kit may mean a shorter term or bigger deposit.
Can I finance a whole lot, like a full kitchen or workshop?
Yes. We can finance a complete line or fit-out as one purchase, not just individual machines.
Does it work for online auctions and dealers?
Yes. Pre-approval works for live auctions, online timed sales, dealers and private sales from a business.
Do I need a deposit?
Usually, yes. The calculator shows it based on the asking price. The final amount depends on the equipment and your business.
Does the finance cover the buyer’s premium and VAT?
The buyer’s premium can often be included. VAT is normally paid up front or covered by a short-term VAT loan, depending on the lender.
Liquidation sales often want payment in days. Can you move that fast?
Once you’re pre-approved and we have the invoice, the lender pays the auctioneer direct, usually within the sale’s payment deadline.
Is there a fee for pre-approval?
No. We’re paid by the lender, and there’s no obligation to go ahead.
Hammer Ready is a finance broker, not a lender. All finance is subject to status and lender criteria.