Rate Ranges by Asset Type
Finance rates for compaction equipment vary significantly depending on asset value, age, and the type of compactor. The following value bands illustrate how the market is structured.
Small compaction plant
Plate Compactor £1,000 – £15,000 | Wacker Neuson DPU, Bomag BPR, Ammann 7% – 20% Higher rates reflect smaller amounts and broader lender risk profile
Light compaction
Pedestrian Roller £8,000 – £30,000 | Bomag BW65H, Hamm HD6 5.5% – 14% Mainstream lenders engage from £10k; Aldermore from £5k
Mid-range compaction
Ride-on Roller £40,000 – £150,000 | Bomag BW161, Hamm HD138, Dynapac 4.5% – 12% Best rates; well understood by lenders with strong resale values
Lender Rankings - October 2026
| Lender | Best Rate | Rate Range | Min Finance | Best for |
|---|---|---|---|---|
| Close Brothers Top Pick | 4.5% | 4.5% – 12% | £10,000 | Established Ltd Co, ride-on rollers |
| Lombard (NatWest) | 4.0% | 4% – 11.5% | £25,000 | Large roller fleets, strong credits only |
| Novuna Business Finance | 4.5% | 4.5% – 12.5% | £5,000 | New equipment, fast digital decisions |
| Siemens Financial Services | 4.0% | 4% – 10% | £50,000 | Large high-value rollers, strong P&L |
| Shawbrook Bank | 5.0% | 5% – 13% | £10,000 | Used compactors, older assets |
| Aldermore Bank | 5.5% | 5.5% – 14% | £5,000 | Sole traders, newer businesses |
| Hitachi Capital / Novuna (broker) | 5.0% | 5% – 12% | £5,000 | New equipment, dealer channel |
| 1pm Finance | 7.0% | 7% – 19% | £1,000 | Very small amounts, adverse credit |
Rates are indicative as of October 2026 and subject to credit assessment. Lombard and Siemens are selective lenders requiring strong financials.
What Determines Your Rate
Factors that improve your rate
- 2+ years filed accounts with profitable trading
- New equipment from a recognised manufacturer
- Higher asset value (£40,000+)
- Limited company structure
- Clean credit history (no CCJs or defaults)
- Strong turnover relative to finance amount
- Existing banking relationship with lender
Factors that increase your rate
- Sole trader or partnership structure
- Under 18 months trading
- Used or older equipment (10+ years)
- Small asset value (under £10,000)
- CCJs, defaults, or adverse credit
- High existing debt relative to turnover
- Non-standard or obscure compactor models