JCB Finance Explained: How Does it Work and What are Your Options?

JCB Finance is a UK asset finance provider, authorised and regulated by the Financial Conduct Authority (FCA), and they help businesses spread the investment cost of JCB machinery. Instead of paying the full purchase price upfront, JCB Finance offer hire purchase and leasing agreements for farming, construction, and industrial equipment, backed by JCB and NatWest Group. For construction businesses, plant hire, and contractors, JCB Finance allows you to manage cash flow while accessing powerful, state-of-the-art equipment. This gives you access to more capital for materials, fuel, and maintenance.

Our guide explains how JCB Finance works and covers:

• "Own It" options such as HP Fixed and JCB FlexiBuy.

• "Use It" options such as Finance Lease, Operating Lease, and JCB FlexiLease.

• How to request a quote through Scot JCB which operates as a credit broker working closely with JCB Finance across Scotland and Northern England.

What is JCB Finance?

JCB Finance is a UK asset and finance provider that helps businesses fund the purchase of machinery, equipment, and vehicles. Specialising in JCB machinery, JCB Finance provides funding solutions for businesses in construction, agriculture, and industry.

JCB Finance offers a range of funding agreements including hire purchase and leasing, to help businesses acquire new and used equipment. It's financial solutions are available to eligible UK business customers and can be tailored to different equipment requirements and financial circumstances.

How Does JCB Finance Work?

JCB Finance works by spreading the cost of machinery or equipment over an agreed period through a finance agreement. Depending on the product selected, businesses can work towards owning the equipment or use it without taking ownership.

• Choose Your Equipment: Identify the JCB machinery or other eligible equipment your business requires.

• Explore Finance Options: Compare the available “Own It” and “Use It” finance solutions to find an arrangement that suits your business.

• Speak to Your Local Scot JCB Depot: Contact Scot JCB to discuss your machinery requirements and the finance options available.

• Request a Quotation: Discuss the equipment cost, deposit, repayment period, and available finance to assess your application.

• Apply for Finance: Provide the relevant business and financial information required for JCB Finance to assess your application.

The finance agreement determines how payments are structured, who owns the equipment, and what happens at the end of the agreement.

What Are My JCB Finance Options?

JCB Finance offers two main approaches to equipment funding: Own It and Use It. The right option depends on whether your business wants to own the machinery or use it for an agreed period.

Own It options are designed for businesses looking to purchase equipment and obtain ownership, subject to the terms of the agreement. These include HP Fixed and JCB FlexiBuy.

Use It options allow businesses to operate equipment through a leasing agreement without purchasing it outright. These include finance lease, operating lease, and JCB FlexiLease.

When comparing finance products, consider the total cost, repayment structure, end-of-agreement obligations and how long your business intends to use the machinery.

What are the Benefits of JCB Finance?

JCB Finance can help you manage the financial demands of investing in machinery and equipment. Its range of finance products provide alternative solutions to purchasing assets outright.

Preserve Working Capital

With JCB Finance, you can spread equipment costs over time instead of paying the full purchase price upfront. This allows you to retain funds for other operating expenses such as fuel, materials, and maintenance.

Manage Cash Flow

JCB Finance offers fixed and variable rate arrangements, with some products allowing payments to be structured around a business’ income and expenditure patterns. Predictable repayments can make it easier to budget for machinery costs, particularly when using a fixed-rate agreement.

Access New and Used Equipment

New and used machinery funding is available from JCB Finance, alongside other plant, equipment and vehicles. This gives eligible businesses the opportunity to explore finance for equipment that meets their operational requirements and budget.

Choose Between Ownership and Leasing

Different funding arrangements are available depending on your business’ needs. For example, hire purchase would be more suited if planning to retain equipment long term, whereas leasing may appeal if you would prefer not to own the asset.

Meet Your JCB Finance Representatives

Our dedicated JCB Finance representatives work closely with Scot JCB to help customers explore finance options for their machinery and equipment. Whether you’re considering hire purchase or leasing, our team can help you understand the available solutions and find an agreement that suits your business.

Anthony Henderson

• Area: Tyne and Wear, Northumberland, Dumfries & Galloway, Lancaster & Cumbria

• Mobile: 07887 658499

• Email: anthony.henderson@jcb-finance.co.uk

David Dodds

• Area: The Borders, Edinburgh, Glasgow, East & West Lothian, Midlothian, Ayrshire, Lanarkshire, Renfrewshire, Dumbarton, Argyll & Stirling

• Mobile: 07836 528241

• Email: david.dodds@jcb-finance.co.uk

Stuart Robertson

• Area: Highland, Moray, Aberdeenshire, Angus, Perth and Kinross, Fife

• Mobile: 07836 5528239

• Email: stuart.robertson@jcb-finance.co.uk

Head Office Team

Kate Shenton

• Mobile: 07862 667269

• Email: kate.shenton@jcb-finance.co.uk

Jack Leese

• Mobile: 07562 667256

• Email: jack.leese@jcb-finance.co.uk

Current JCB Finance Offers

JCB Finance offers promotional finance deals on selected machinery, helping eligible businesses access equipment with competitive funding arrangements.

These offers may include reduced interest rates, flexible repayment terms or other finance incentives, depending on the machine and promotion available.

Whether you're looking to invest in a new excavator, telehandler or other JCB equipment, Scot JCB can help you explore the latest finance offers and find an option suited to your business.

● 0% Interest Hire Purchase Over 2 Years on Selected New JCB Generators

● 0% Interest Hire Purchase Over 2 Years on Selected New JCB Electric Drive Access Platforms

● 0% Interest Hire Purchase Over 2 Years on Selected New JCB Mini Excavators

● 0% Interest Hire Purchase Over 3 Years on Selected New JCB Teletruks

● 0% Interest Hire Purchase Over 2 Years on Selected New JCB HTD-5 Dumpsters

● 0% Interest Hire Purchase Over 2 Years on New JCB Telescopic Handlers

Finance offers are subject to availability, eligibility, terms and conditions, and may change or expire.

Interested in a Current JCB Finance Offer?

Contact Scot JCB to discuss the available promotions, request a quotation and find out which offers apply to your chosen machinery.

Frequently Asked Questions about JCB Financing Arrangements

What is JCB Finance?

JCB Finance is a UK asset finance provider, jointly owned by JCB and NatWest. It is authorised and regulated by the Financial Conduct Authority (FCA) and provides finance for new and used construction, agricultural and industrial machinery, helping businesses spread the cost of equipment.

How Does JCB Finance Work?

Choose your machinery and request a finance quote through Scot JCB. Once you've selected a suitable repayment plan, JCB Finance will assess your application. Following approval and completion of the agreement, your machinery can be supplied.

What Finance Options Does JCB Finance Offer?

JCB Finance offers Own It options, including Hire Purchase and flexible repayment plans, allowing businesses to work towards machinery ownership. Use It options, including Finance Lease, Operating Lease and JCB FlexiLease, allow businesses to use equipment without purchasing it outright.

Can I get JCB Finance for Used Machinery?

Yes, JCB Finance is available for eligible used machinery, including JCB and other manufacturers' equipment. Finance is available to qualifying UK businesses, subject to the machine's age, condition and value, as well as credit approval.

Is JCB Finance FCA regulated, and is Scot JCB a Lender?

Yes, JCB Finance is FCA regulated (FRN 708332). Scot JCB (FRN 713422) acts as a credit broker, not a lender. JCB Finance provides the funding and makes all credit decisions.

What are the Benefits of JCB Finance?

JCB Finance helps businesses preserve cash flow, spread equipment costs and access flexible repayment options. Benefits include fixed-rate finance options, funding for new and used machinery, tailored repayment structures and specialist industry support.

How Do I Apply for JCB Finance Through Scot JCB?

Contact your local Scot JCB depot or Sales Representative to discuss your machinery requirements and request a finance quote. They'll guide you through the available options and application process, with all finance subject to approval by JCB Finance.

Scot JCB Ltd (Registered in England No. SC015692, Registered Office: 400 Townmill Rd, Glasgow, G31 3AR) is registered by the Financial Conduct Authority (FCA) as a credit broker, not a lender. Finance is subject to acceptance by JCB Finance Ltd, who are FCA-registered as a lender. Subject to your consent, we receive a commission from JCB Finance Ltd which is a flat fee plus basic rate tax and employer National Insurance Contributions for each JCB and/or non-JCB machine on the finance agreement. These payments are not additional fees that you will have to pay and is not added to the amount you pay under your finance agreement. UK business users only. Terms apply.

For more information, view our full FCA Credit Broking Disclosure Notice.