Full Aeration Renovation Package | Golf Course Asset Finance

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    Full Aeration Renovation Package | Golf Course Asset Finance | Gable Business Finance

    Full Aeration Renovation Package: How Gable Delivered a Consolidated Finance Solution for a Major Club Renovation

    As golf clubs modernise their maintenance practices, aeration has become one of the most important agronomic operations. A single aerator is rarely enough—clubs now rely on multiple aeration methods to manage compaction, improve infiltration, enhance root depth, and condition turf for year-round play.

    A leading UK golf club undertaking a major renovation programme needed to overhaul its entire aeration capability. The club planned to invest in:

    • A hollow-tine aerator for organic matter removal and surface exchange
    • A deep-tine aerator for relieving compaction far below the rootzone
    • A linear aerator for rapid aeration and improved water movement across fairways and approaches

    Rather than arranging three separate finance agreements—with different terms, rates, admin fees and renewal dates—the club worked with Gable Business Finance to create one consolidated package. This simplified budgeting, streamlined documentation, and allowed the club to acquire all three units simultaneously, avoiding disruption to its renovation schedule.

    The club immediately benefitted from:

    • Consistent aeration capability across greens, surrounds, approaches and fairways
    • Improved playing quality as surfaces firmed, drained better and recovered faster
    • A predictable monthly repayment for all three units under one structure
    • Reduced administration with a single point of communication and contract

    By bundling machinery into one finance agreement, Gable ensured the club could deliver its full renovation plan without compromising cash flow or delaying essential purchases.


    Finance Options for UK Golf Clubs

    Every golf club relies on a wide range of assets to operate—machinery, irrigation systems, buggies, vehicles, IT systems, clubhouse equipment and more. Not all assets carry equal financial weight. Replacing a kettle in the clubhouse is very different from investing in a new greens mower or a fleet of utility vehicles.

    Asset finance bridges this gap, allowing clubs to acquire the tools and machinery they need without large upfront expenditure.


    What Is Asset Finance?

    Asset finance is a funding method that enables golf clubs to obtain essential equipment—such as mowers, aerators, irrigation components and vehicles—by spreading the cost over a fixed repayment term.

    It works similarly to a mortgage in structure:

    • The finance provider purchases the asset on behalf of the club
    • The club pays for it through fixed monthly instalments
    • The agreement may or may not include ownership at the end, depending on the structure

    This allows clubs to:

    • Grow their capabilities immediately, rather than saving for years
    • Preserve cash reserves for operational or strategic needs
    • Avoid financial strain from large one-off capital purchases

    The Importance of Asset Finance for Golf Clubs

    Golf clubs face a unique dilemma: high-value equipment is essential for delivering course quality, but these assets often exceed what clubs can comfortably pay upfront.

    Asset finance resolves this challenge by:

    • reducing upfront expenditure
    • enabling long-term planning through fixed repayments
    • protecting cash flow during quieter winter months
    • allowing clubs to adopt new technology faster

    Without asset finance, many clubs would struggle to upgrade machinery, delaying essential maintenance improvements.


    Types of Assets That Can Be Financed

    In the golf sector, asset types fall into three key categories:

    Hard Assets (commonly financed by golf clubs)

    • Greens, tees, fairways and rough mowers
    • Aerators, rollers, topdressers and sprayers
    • Tractors, loaders and compact utility vehicles
    • Golf buggies and transport fleets
    • Irrigation pumps, control systems and pipework

    Medium Assets

    • Workshop equipment
    • Surveying equipment
    • Mobile welfare units

    Soft Assets

    • IT systems and EPOS technology
    • Telecoms and AV equipment
    • Clubhouse catering and leisure equipment

    Hard assets tend to hold value and are easiest to finance, but Gable offers solutions across all categories depending on the club’s needs.


    Types of Asset Finance Used by Golf Clubs

    Hire Purchase (HP)

    Hire Purchase is the most common form of asset finance in the golf industry, especially for long-life machinery.

    • The club pays a deposit (typically around 10%)
    • Repayments are made monthly over a fixed term
    • The club owns the asset after paying the final “option to purchase” fee

    This structure suits clubs planning to keep machinery for many years.


    Finance Lease

    A Finance Lease allows clubs to use machinery without owning it.

    • The lender buys the asset
    • The club pays fixed rentals for the primary period
    • At the end, the club can continue using the asset for a nominal annual fee

    Great for clubs looking to upgrade equipment every few years.


    Operating Lease

    Operating Leases function more like renting than owning. The club pays only for the portion of the asset’s life it uses.

    • Lower monthly payments compared to HP
    • No ownership or disposal responsibility
    • End-of-term flexibility (return, extend or upgrade)

    This option suits clubs that want predictable costs and frequent machinery updates.


    Asset Refinance

    Asset Refinance unlocks equity from machinery the club already owns, similar to remortgaging a property.

    • The asset is valued and sold to the finance provider
    • The club receives a cash injection
    • The asset is leased or HP’ed back to the club

    This helps clubs fund renovations, irrigation projects or new equipment purchases without reducing operational capacity.


    FAQ: Finance Options for UK Golf Clubs

    Why do golf clubs use asset finance instead of buying machinery outright?

    Most golf machinery is high-value and essential for course performance. Asset finance prevents large cash outflows, enabling clubs to invest in better equipment sooner while keeping reserves intact for staffing, irrigation upgrades, or clubhouse improvements.

    Does asset finance work for renovation projects like multi-aerator packages?

    Yes. Gable frequently structures multi-asset bundles, allowing clubs to finance several machines together under one agreement, simplifying budgeting and administration.

    Is asset finance secured?

    Yes. The asset itself acts as security. This avoids tying up additional collateral and keeps other credit lines free.

    What’s the difference between asset finance and a traditional business loan?

    Asset Finance Traditional Business Loan
    Secured against the asset Secured against business creditworthiness
    Funds specific machinery purchases Funds can be used for any business purpose
    Fixed terms & fixed interest Longer terms, variable structures
    Ideal for equipment upgrades More suited to broader investment

    Can golf clubs use asset finance for soft assets like IT or EPOS?

    Yes. While lenders prefer hard assets, many finance packages include IT upgrades, AV systems, clubhouse equipment, and other soft assets when bundled with machinery.

    How long do agreements typically last?

    Asset finance terms usually run from 12 to 84 months, depending on the asset type and expected working life.

    Are there tax advantages?

    Yes. HP agreements may qualify for capital allowances, and interest may be deductible. Finance leases may allow rental payments to be offset as operating expenses.*

    *Always seek specialist tax guidance tailored to your club’s structure.

    Can a club refinance assets to raise capital?

    Absolutely. Refinance is common for irrigation repairs, bunker projects, fleet upgrades and seasonal cash-flow support.

    Can finance be structured seasonally for golf clubs?

    Yes. Gable specialises in seasonal payment plans that reflect reduced winter revenue and higher summer income.


    Speak With Gable Business Finance

    Whether you’re acquiring a complete aeration renovation package, replacing ageing mowers, or financing a major course development, Gable provides tailored solutions designed specifically for UK golf clubs.

    Contact Gable today to explore Hire Purchase, Lease, Operating Lease or Refinance options built around your club’s ongoing operational needs.