JCB Finance products, services and reviews

About JCB Finance

JCB Finance is the captive asset finance arm of JCB in the UK, providing funding for new and used JCB machinery and other eligible equipment to business customers; it is not a deposit‑taking bank and does not offer current accounts, savings, or consumer loans. The company focuses on asset‑backed lending delivered through JCB’s dealer network and direct channels, with common structures including hire purchase and leasing on fixed terms; agreements may allow sector‑specific payment profiles such as seasonal or deferred schedules, and security is typically taken over the financed asset with guarantees required where credit risk warrants. Pricing is case‑specific and reflects asset type, term, and credit quality; customers should expect documentation and option‑to‑purchase fees on hire purchase, charges for late payment, and early settlement calculations that follow applicable UK consumer credit rules where relevant. Eligible applicants are UK businesses financing assets for business use, with credit subject to status and affordability checks; VAT treatment depends on product (for example, VAT is generally payable on hire purchase at inception and on lease rentals over the term). Agreements are administered under standard UK asset finance practice, with return conditions and excess use charges applying to certain lease types, and with potential residual value and termination costs if contracts are ended early. Service is delivered by regional finance managers and online support tools, with applications commonly initiated at point of sale via JCB dealers; the firm concentrates on construction, agricultural, and industrial sectors consistent with the JCB product range, which can limit flexibility if a buyer wants multi‑brand asset choices under a single facility. JCB Finance Ltd is authorised and regulated by the Financial Conduct Authority for consumer credit activities in the UK, and eligible complainants may have recourse to the Financial Ombudsman Service; a separate entity serves the Republic of Ireland.