Scaffolding finance for contractors and hire firms

Yes, some lenders will fund used scaffolding stock, though they may value loose tube and fittings more cautiously than system scaffold or vehicles. Expect to provide a supplier invoice or inventory showing quantities and condition, and possibly a larger deposit on older kit. Buying from an established dealer usually makes the deal easier to place. Our page on used equipment finance explains how lenders approach second-hand assets.

There is no single rule, as many lenders set their own minimum trading period and more options open up with a longer track record. A newer scaffolding firm may still get asset finance on equipment, often with a larger deposit, or a government-backed Start Up Loan. Established firms with filed accounts, steady bank statements and a spread of clients can approach a wider range of lenders. Our guide to start-up business loans covers early-stage options.

Yes, sole traders and partnerships can get scaffolding finance, as well as limited companies. Lenders will ask for bank statements, tax returns and details of your contracts and clients. Finance of £25,000 or less to a sole trader or a partnership of two or three partners can be regulated consumer credit, which affects which lenders can offer it. Hire purchase on tube, fittings and vans is often the easiest starting point because the kit is the security. See sole trader loans for more.

Yes, yard premises and secure storage can be funded, though the product depends on whether you are buying or leasing. Buying a yard usually suits a commercial mortgage or secured loan over a longer term, with the property as security. Fencing, racking and security systems on a leased yard may suit asset finance or an unsecured loan. Lenders will check that repayments are affordable in a quiet winter month. Our page on buying business premises explains the property side.