← Commercial Finance Answers

Imported machinery & supplier payments

Does finance approval confirm imported machinery meets UK requirements?

No. A credit decision is separate from product suitability, safety, import and operating requirements.

The practical answer

No. A credit decision is separate from product suitability, safety, import and operating requirements.

Ask the supplier and appropriate technical advisers what documentation and checks the particular machinery needs for its intended UK use. Requirements may differ by product and destination within the UK.

Tell the lender if documentation or modification is outstanding, and include the related cost and time in the project plan. Do not accept equipment solely because funding has been discussed.

Important

Commercial finance is subject to status, lender approval and the specific asset and transaction. The right structure depends on the complete circumstances of the business.

What should I do next?

Have the asset details, supplier information and an outline of what the business needs ready. DCF can then discuss the requirement and identify which lenders may be suitable.

Read: Imported machinery finance →

Explore the relevant guides

CNC & manufacturing finance — For production machinery, tooling and commissioning plans.

Further guidance

GOV.UK: importing goods into the UK