Grab Lorry & Grab Tipper Finance
Grab hire is a busy, competitive market, and the trucks are expensive: a new 8×4 grab can cost well over £150,000. Boost Finance arranges grab lorry finance with lenders who understand grab bodies, cranes and how these trucks hold their value. We recently funded a new Volvo FMX 8×4 grab lorry for Cheshire grab hire firm UKAP, with a VAT-only deposit.
Grab lorries we finance
8×4 grab tippers
The workhorse of muck-away and aggregates, new or used.
6×4 & tipping grabs
Smaller grabs for tighter sites and lighter loads.
Cranes & grab equipment
Replacement cranes, grabs and bodies on trucks you already own.
Finance calculator
What would a grab lorry cost each month?
Get an instant estimate using current UK lender rates, then let us find you the real deal.
Case study
£523k of Volvo FMX tippers and a grab lorry for UKAP
Cheshire tipper hire, grab hire and aggregates business UKAP is moving its fleet over to Volvo. We arranged finance for two Volvo FMX 8×4 tippers and a Volvo FMX 8×4 grab lorry, worth £523,000 plus VAT.
- Deposits from just £2,000 per tipper
- Tier 1 lender rates on all three trucks
- Paid out on schedule, with the trucks delivered and working straight away
Deposits and rates were specific to this customer and aren’t guaranteed for other applications.
Ways to fund it
Hire purchase
Fixed monthly payments and you own the asset at the end. VAT deferral can help with the upfront cost.
Hire purchase →
Finance lease
A low upfront cost, with VAT paid on each monthly rental rather than upfront.
Finance lease →
Need working capital, a GGS-backed facility or funds for premises as well? See business loans.
What grab lorry lenders look at
Truck & crane
Chassis age and mileage, the crane make and model, and its inspection history.
Your work
Your grab hire experience, contracts and customer base.
Deposit & term
Deposits are often around 10%, with terms usually up to 5 years.
We arrange finance on grab lorries on Volvo, DAF, Scania, Mercedes-Benz, MAN and Renault chassis. Boost Finance is an independent credit broker and is not affiliated with or endorsed by any manufacturer.
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Case Studies & Guides
Explore our latest case studies and finance guides.
Grab Lorry Finance FAQs
How much deposit do I need for a grab lorry?
It depends on the truck, its age and your business. Many deals use around 10%, and strong applications can need less. UKAP’s grab lorry deal used a VAT-only deposit.
Can I finance a used grab lorry?
Yes. Lenders will look at the chassis age, mileage and the condition of the crane and grab.
Can a new grab hire business get finance?
Often, yes. Lenders look at your experience driving and running grab work, any contracts and the deposit.
Do you finance tipper lorries too?
Yes. See our HGV & truck finance page.
Do you finance crane lorries and HIABs?
Yes. See crane & HIAB lorry finance.
Are you a lender?
No. Boost Finance is a credit broker, not a lender. Boost Asset Finance Ltd is an Appointed Representative of EFT Finance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 667290). We work with a panel of lenders to find the right finance for you.
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