Indicative rates, November 2026
- Loading shovels and mid-range quarry excavators: from 5.5% APR on hire purchase.
- Mobile screening and washing plants: from 5.8% APR - ancillary equipment packaged in the same facility.
- Large quarry excavators and face shovels (50t+): from 6.0% APR - credit committee required.
- Rigid dump trucks (off-highway): from 5.9% APR - specialist lenders only.
- Ultra-class plant (200t+ excavators, 150t+ dump trucks): from 6.5-7.0% APR - audited accounts and quarry plan essential.
What Lenders Assess in Quarrying
Standard lenders assess the asset at auction value. Quarrying assets - especially large-scale plant - have a thin secondary market and limited buyers. Specialist lenders take a business-based approach: mineral reserves and extraction licence, annual extraction rate and royalty structure, operator accounts and banking relationships, existing plant inventory and utilisation data.
This approach can unlock facilities of £1m+ against a single plant item where a standard lender would decline.
Off-Highway Assets
Rigid quarry dump trucks are not road-registered and cannot be test-driven by a standard lender's field agent. Most mainstream lenders decline. Specialist lenders assess them against the quarry's haul route, payload requirements and maintenance programme.
Financing a Full Production Line
Jaw crusher + screening plant + washing plant + loading shovel + haul trucks: these production-line investments can run to £2-5m. We arrange facility packages that cover multiple assets, sometimes under a single overarching credit approval with individual drawdowns as each asset is acquired.