Scaffolding Finance

Finance your scaffolding

Scaffolding can have many uses within the workplace including greater accessibility at heights, repair work or cleaning.

However, choosing the most appropriate form of scaffold structure will depend on the type of business you are. 

We can arrange funding for the purchase of a range of scaffolding, whether it’s single, double or suspended scaffolding, our specialist team will be able to help. 

What is scaffolding finance?

Scaffolding finance is a type of asset finance that helps you manage your cash flow and budget whilst investing in an asset that is necessary to your business operations, allowing scaffolding to be acquired on your financial terms.

Hire purchase and leasing are just two forms of scaffolding finance that can suit to your business’ financial requirements. Alternatively, if your business already has valuable assets on its balance sheet, refinancing offers another way to purchase new scaffolding as it can be used to release a cash lump sum.

Our construction division are on hand to assist with any construction asset requirements you may have.

Types of scaffolding finance available

Hire purchase: Hire purchase contracts typically last for up to five years. You make a deposit at the start of the agreement, and this is followed by a structured instalment plan of fixed monthly payments. Your business can also become the owner of the asset on completion of a final payment.

Finance leasing: A finance lease may be a good option if you do not need your business to own the asset. The process involves renting the scaffolding from the lender, and then making regular fixed payments over the term of the lease, without ever owning the asset.

Asset refinancing: Using the equity in an existing asset is a great option when investing in scaffolding for your business. In this case, the asset is sold to a specialist lender and then rented back from them by your business under fixed terms.

How does scaffolding finance work?

For scaffolding finance, you place down a deposit, which is then followed by a series of monthly payments until the end of the term. Throughout the payment term, you are not the owner of the asset, however you can use the asset for business purposes. Through using scaffolding finance, you can determine the term length, as well as the initial deposit amount.

Is scaffolding finance right for your business?

Purchasing scaffolding outright represents a significant capital outlay, which can be a risk to a business. Scaffolding finance, including hire purchase, leasing, and refinancing, offers the chance to purchase the asset over an extended period.

Predictable repayments and a fixed schedule bring certainty to everyday budgeting and financial management whilst the flexibility of these products ensures you can meet the unique needs of your business.

Applying for scaffolding finance

MAF Finance Group work with a variety of banks and financial institutions to deliver the best financial solutions available.

If you are interested in getting a quote or need further information, simply fill out our form and we will get in touch with you shortly. If you would like to speak directly, call us on 0115 958 6872 and a member of our team will happily speak to you. Alternatively, you can email us at [email protected].