Tower Crane Finance
Finance for luffing-jib, saddle-jib, and self-erecting tower cranes. Potain, Liebherr, Wolffkran, and Terex Tower cranes financed on hire purchase or finance lease. Project-lifecycle and long-term structures available.
The right structure for every tower crane requirement
Luffing-Jib Tower Crane Finance
Finance for luffing-jib tower cranes used in congested city centre and high-rise construction - the Potain MR and Liebherr 357 HC-L series. Specialist lenders who understand the value of these assets to major housebuilders and main contractors.
Saddle-Jib Tower Crane Finance
The most common tower crane type in UK construction. Potain MDT and Hammerhead series, Liebherr 200 EC-H, and Wolffkran saddle-jib cranes. Finance for single cranes or fleet additions to tower crane hire fleets.
Self-Erecting Tower Crane Finance
Potain Igo, Manitowoc Potain, and Liebherr self-erecting tower cranes for smaller contractors and specialist residential builders. Lower value but high-demand assets with strong residual values.
Hire Purchase
Full ownership at the end of the term. Capital allowances claimable against corporation tax. Fixed monthly payments over 3-7 years - the most common structure for tower crane hire businesses building their owned fleet.
Finance Lease
Lower monthly cost with flexible end-of-term options. Lender retains title throughout. Well suited to tower crane hire businesses who want to expand fleet without large capital outlay.
Project Finance Structures
Finance structured around specific contracts or projects, with terms aligned to the contract duration. Useful where the tower crane is acquired specifically for a major development project.
How it works
Crane specification
Tower crane type (luffing, saddle, self-erecting), manufacturer, model, jib length, capacity, year, and condition. New or used.
Lender sourcing
We source terms from specialist construction plant lenders with tower crane experience. Decisions typically within 24-48 hours.
Approval
Tower crane finance is assessed on asset value, operator experience, and the contract pipeline. Major contractors and specialist tower crane hire businesses are strong applications.
Settlement
We settle with the dealer, manufacturer, or seller. Documentation managed for clean title transfer.
Ready to discuss Tower Crane Finance?
Call 0204 6211776 or complete our enquiry form. Indicative terms typically within hours.
Frequently asked questions
What is the typical finance term for a tower crane?
Most tower crane finance runs for 5-7 years reflecting the asset's long working life. Shorter terms are available for self-erecting cranes with lower values.
Can I finance used tower cranes?
Yes - used tower cranes in good condition retain strong value and are readily financed by specialist lenders. We advise on the appropriate age and condition thresholds for each lender on our panel.
Is tower crane finance available to tower crane hire businesses?
Yes - tower crane hire businesses are among the most straightforward applicants. Predictable hire income, strong asset values, and sector experience make these compelling applications for specialist lenders.
Can I finance the erection and installation costs alongside the crane purchase?
In some structures, yes. We advise on lenders who include soft costs alongside the hard asset value in the facility.
What security does the lender take over the tower crane?
The lender takes a charge over the crane asset itself. For high-value cranes, additional security may be requested - a debenture over the company or a personal guarantee from directors.
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