Indicative rates, November 2026
- Woodchippers (self-propelled, larger units): from 5.8% APR.
- Stump grinders (tracked): from 5.7% APR.
- Timber forwarders: from 5.9% APR.
- Timber harvesters: from 6.0% APR - credit assessment required.
- 4x4 pick-up truck fleets: from 5.0% APR on operating lease.
Tree surgery equipment (AWPs, small chippers, stump grinders under £80,000): from 5.5% APR - decisions often within 24 hours.
Interest-Only Periods
Some lenders offer interest-only periods (typically 3-6 months) at the start of the agreement. During this period, only the interest element is paid - the capital repayment is deferred. This is useful for: seasonal businesses that build revenue during spring and summer, operators buying equipment on a contract that starts 3-4 months in the future, and businesses replacing one machine while the old one is still in use.
Not all lenders offer interest-only. It typically adds 0.1-0.2% to the overall APR. Worth requesting if your cash flow has a seasonal pattern.
New vs Used Forestry Equipment
New harvesters and forwarders from OEM dealers attract the best rates and the broadest lender choice. Used machines to 10 years old are funded on HP by most specialist lenders with full PM service history and machine hours documented.
Used arborist equipment (chippers, AWPs, stump grinders): typically funded to 8-10 years old. Condition reports required for assets over £50,000.
Forestry vs Agricultural Lenders
Some agricultural lenders will fund forestry equipment - particularly tractors, ATVs and ancillary equipment. Specialist forestry lenders focus on harvesters, forwarders and whole-tree chippers. We match the asset to the right lender panel to get the best rate for your specific equipment.