Our stores are now open! (Sittingbourne remains Click & Collect only) Find your nearest store

Axminster Tools Finance

Axminster Finance

Offering you a flexible and affordable option to pay for your tools and machinery.

Upgrade your home or trade workshop now and let your new tools pay for themselves! Axminster Finance is available on orders over £556 (inc. VAT), this amount includes any additional services and delivery options selected and it may not take into account any promotions.

Interest Bearing Finance

Up to 60 months 15.9% APR representative interest bearing finance. Spread the cost with interest bearing finance available online and in store. This simple finance option allows you to spread the cost of your purchase over 12, 24, 36, 48 or 60 months.

All you need to do is:

  • Spend a minimum £556 and above
  • Place a 10% deposit
  • Minimum finance amount after deposit £500 and above

These five simple interest bearing finance options help you spread the cost of your purchases.

  • 12 months interest bearing finance on orders of £556 and above
  • 24 months interest bearing finance on orders of £556 and above
  • 36 months interest bearing finance on orders of £556 and above
  • 48 months interest bearing finance on orders of £556 and above
  • 60 months interest bearing finance on orders of £556 and above
Order Value Term (months) Deposit (10%) Monthly Payments
£350 12 £35 £28.41
£700 24 £70 £30.50
£1,200 36 £120 £37.36
£2,000 60 £200 £42.68

Representative example:

  • Cash Price £700
  • Deposit £70
  • Loan Amount £630
  • APR Representative 15.9%
  • Interest Rate 15.9% p.a. fixed
  • 24 Monthly Repayments of £30.50
  • Total term of loan agreement 24 months
  • Total Amount Payable £802.00

Buy Now Pay Later

Buy now pay later with payments deferred for up to 12 months. Spread the cost with buy now pay later finance available online and in store. This finance option allows you to spread the cost of your purchase over 48 months with an agreed deferral period of 6 or 12 months. Your agreement will start after delivery of your goods. At which point your 12 month deferral period will begin and interest will start accumulating on the balance owing. If the loan amount is voluntarily paid in full before the deferral period ends, interest will be waived but an early settlement fee up to £29 will apply. Unless the balance is cleared before the end of the deferral period, the monthly Direct Debit payments will start.

All you need to do is:

  • Spend a minimum £280 and above
  • Place a minimum 10% deposit
  • Minimum finance amount after deposit £250 and above
  • These 2 simple buy now pay later finance options help you spread the cost of your purchases.

    • 48 months buy now pay later finance, with the first payment deferred for 12 months on orders of £280 and above
    • The table below shows you how much the monthly repayments will be based on the total order value.

Interest Free Finance

Up to 24 months 0% APR representative interest free finance. Spread the cost with interest free finance available online and in store. This simple finance option allows you to spread the cost of your purchase over 6, 12, 18, or 24 months.

All you need to do is:

  • Spend a minimum £280 and above
  • Place a minimum 10% deposit
  • Minimum finance amount after deposit £250 and above
  • These 3 simple interest free finance options help you spread the cost of your purchases.

    • 6 months interest free finance on orders of £280 and above
    • 12 months interest free finance on orders of £280 and above
    • 18 months interest free finance on orders of £280 and above
    • 24 months interest free finance on orders of £280 and above

How do I apply?

Orders can be placed through our website, by visiting a store or calling us. However you choose to apply it's important to make sure the details are accurate and you use your full name and address. In all cases we will require an electronic signature.

In person at an Axminster store

Discuss your machinery and finance requirements with an Axminster Expert in your nearest store. Store orders will be available to collect from the store. Sorry, Axminster Finance cannot be used for Click & Collect orders.

Call free 03332 406406

We will create a quote for your tools and machinery and email you a link to the Axminster Finance application form so you can complete your order. Phone orders will be delivered to your home address.

Who is eligible to apply for online finance?

To apply for online finance, you must be over the age of 18, work at least 16 hours a week, or be retired with an income. You must also be a resident of the United Kingdom and have lived in the UK for the last 12 months or more. Unfortunately, we are unable to offer online finance to residents of Eire. Homemakers aren't excluded from applying under their own names; however the employment details of your spouse / partner will be required in order to process your application.

When do my repayments start?

Your monthly repayments will begin one month after your purchase has been delivered. For buy now pay later agreements the monthly repayments will start 12 months after delivery.

Are there any arrangement fees or hidden extras for credit?

No. There are no arrangement fees or hidden extras.

Applying for online finance

Applying for online finance couldn't be easier or more convenient. When you buy online from Axminster Tools Centre Ltd trading as Axminster Tools & Machinery you have the choice of applying for finance by adding your purchase to the shopping basket, selecting the finance option, and completing an online application form. Just follow the simple instructions, entering your personal details as required and we'll do the rest.

The whole process only takes a few minutes and is simple and secure. Once your finance application is approved, you will then be advised of how to sign the finance agreement and you will also receive an email confirming these details.

Please read the agreement carefully checking that all the details are correct, then either electronically sign the agreement or print and sign the agreement in both boxes. Post the signed agreement to the address shown on the covering letter of the agreement.

Following receipt of your finance agreement and a few additional checks, your goods will be dispatched.

Your questions answered

Here's some of the most commonly asked questions regarding online finance.

Once my application is approved, what happens next?

Within minutes of your application being approved, you will be presented with the options to either e-sign or print and return your finance agreement. If you choose to e-sign your agreement, a PDF of your agreement will be displayed on screen. You should read the agreement carefully before clicking all the relevant sections agreeing to its terms. Once you have agreed to the terms of the finance agreement Axminster Tools Centre Ltd trading as Axminster Tools & Machinery will be notified and you need do nothing more.

If you choose to print and return your agreement you should print the agreement, read it carefully and then sign the document following the instructions on the covering letter. This signed document should then be posted to the address shown on the covering letter of the finance agreement. Note that products will not be allocated to your order until your completed and signed agreement is returned and received by Hitachi Personal Finance. Shipment of your goods will follow soon after your agreement has been returned and received.

Will you credit score me and if so, what does this mean?

Credit scoring is the process used by financial services companies to evaluate the credit risk of new applicants. This technique will be applied to your application for online finance. Credit scoring works by awarding points for each answer given on the application form such as age, income and occupation, together with information obtained from credit reference agencies.

This information allows consistent decisions to be provided, ensuring all applicants are treated fairly. Credit scoring does not discriminate on the grounds of sex, race, religion or disability.

If you decline my application, what is the reason?

In addition to credit scoring, Hitachi also takes into account confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference agencies. Though Hitachi is unable to provide you with a main reason for declining your application, it is usually based on one, or a combination of the following:

If your application is declined, it's usually for one of the following reasons:

  • Your credit score (please note that every finance company will score you differently)
  • Adverse credit reference agency information
  • You are considered to be overcommitted
  • You are aged under 18
  • Your existing account performance with other lenders

What type of information do credit reference agencies hold about me?

Some of the information is public information, for example electoral roll, County Court Judgments and bankruptcies. Other lenders may also file information about accounts you hold with them for instance this could include your payment history and outstanding balance on these accounts. Any requests for credit, where a credit reference search has been undertaken, will also be filed, although the result of the request is not recorded.

How do I obtain a copy of this information?

Send a request to the relevant credit reference agency, together with details of all addresses at which you have lived over the last 6 years:

  • Experian Limited, Customer Support Centre, PO Box 9000, Nottingham, NG80 7WF
  • Equifax Ltd., Customer Service Centre, PO Box 10036, Leicester, LE3 4FS
  • TransUnion International UK Limited, Consumer Services, PO Box 491, Leeds, LS3 1WZ

The above listed agencies will provide details of information relating to these addresses. If you believe that the information is incorrect, you can ask the agency to correct it.

If my application is not successful, can I re-apply?

Yes. We acknowledge that circumstances change and just because a previous application has been refused, it does not mean that a further request will automatically be turned down. We do suggest however, that you leave at least 6 months between applications.

Can I request delivery to an address other than my home?

In order to safeguard against fraudulent applications, we regret that we're able only to deliver goods to the home address of the applicant.

Tower Leasing

Lease tools and machinery for your business needs

Privacy Policy & Cookies

We use cookies to improve and personalise our services, for marketing and for social activity. Please see our privacy policy for more information on how and why we use your data. You can change your cookie settings at any time. By continuing, you agree to our use of cookies.

Customer AccountThe outline of a personCustomer BasketA shopping basket with a handleBulk BuysA sale tagBusiness ServicesA building with a door at the frontClick & CollectA shopping bag with a handleThe CommunityAxminster Tools & Machinery Forum LogoCompareCompare productsDeliveryA van delivering parcelsPremium DeliveryA van delivering parcels fastEditEdit itemEmailAn envelopeEventbriteThe logo for the Eventbrite websiteExpandTwo arrows pulling away from each otherFacebookThe logo for FacebookFilterDots in a triangle shape pointing downfinanceA walletInstagramThe logo for InstagramLinkedInThe logo for LinkedInLocationA location markerMenuThree Horizontal lines stacked on top of each otherPayPalPayPal payment service logoPhoneAn old style telephone receiverPinterestThe logo for PinterestPoint RightAn arrow in a circle pointing rightPrinterA printer, printing a piece of paperPrivatePadlockRemoveTwo lines in a x shapeReturnAn arrow in a circle pointing back to the startSettingsView SettingsSortOne arrow pointing up, one arrow pointing downSpinA circle that spins to show that the page is loadingStockA circle which is coloured to show the current stock levelTickA tick symbolDeleteDeleteTwitterThe logo for TwitterUnavailableA no entry signVideo PlayA Circle with a video play symbol insideWarrantyA screwdriver and a spanner in an x shapeWishlistA heart symbolWood OutlineWood effectYouTubeThe logo for YouTube