We recently assisted a client in securing finance for a highly specialised LiDAR unit, a cutting-edge piece of surveying technology used for high precision mapping and data capture.
This wasn’t your standard equipment purchase. LiDAR systems fall into what we would classify as specialised or tertiary capital equipment, meaning they sit outside mainstream asset finance appetite for many lenders.
These types of assets are commonly used across surveying, engineering, mining, and infrastructure projects, but from a lending perspective, they can be harder to place.
Because of the technical nature and limited secondary market for resale, not all lenders are comfortable funding this category. Many rely heavily on asset recoverability, which can be more difficult with niche equipment like LiDAR systems.
As a result, businesses seeking LiDAR equipment finance often face:
Our client needed more than just funding. They needed a lender who understood:
Instead of approaching a single lender, we worked across our panel to identify those with a clear appetite for specialised equipment finance.
We focused on lenders who:
By positioning the deal correctly, we matched the application with a lender comfortable funding LiDAR equipment and structured the finance to align with the client’s operational needs.
With the right lender in place, the client was able to move forward without unnecessary friction.
The outcome delivered:
This allowed the business to proceed with confidence and put the equipment to work immediately.
This is a common scenario in asset finance. Not all lenders fund the same types of equipment, and not all assets fit within standard lending policies.
Specialised equipment like LiDAR is assessed differently from standard vehicles or machinery due to:
That is why the key is not just applying for finance, but placing the deal with the right lender from the outset.
Can you finance LiDAR equipment?
Yes, LiDAR equipment finance is available, but it often requires a lender that understands specialised or non standard assets.
Why do some lenders not fund specialised equipment?
Many lenders prioritise resale value, which can be limited for niche equipment like LiDAR systems.
What is considered specialised equipment in asset finance?
Specialised equipment includes assets with technical or niche applications, such as LiDAR systems, medical equipment, and engineering technology.
If you are looking to finance LiDAR or other specialised equipment, the key is working with a broker who understands which lenders will support the asset and how to structure the deal correctly.
At Motorlend, we focus on matching clients with lenders that align with their equipment, industry, and overall business goals, ensuring a smoother path to approval.
For further queries, contact us.
