Commercial vehicle finance
Vans, tractor units, trailers, tippers and specialist bodies — funded singly or as a fleet, on terms that match how long you actually keep a vehicle.
Request a callback- Typical amount
- £8,000 to £2m
- Typical term
- 2 to 6 years
- Security
- The vehicle
- Structures
- HP, lease or contract hire
Figures are indicative market ranges at the time of writing, not offers or quotes. What is available to your business depends on the lender, your circumstances and the security available.
About commercial vehicles
Vehicles are the most heavily traded assets in the finance market, which works in your favour. Values are well understood, auction data is plentiful, and funders can price a van or a tractor unit with real confidence. That usually translates into competitive rates and quick decisions.
The structure matters as much as the rate. Hire purchase suits operators who run vehicles into the ground and want to own them. Leasing and contract hire suit fleets on a replacement cycle, where handing a vehicle back at three years and taking a newer one keeps maintenance costs predictable.
Specialist bodies and conversions need a little more thought. A standard panel van is easy; the same van with a bespoke crane, a refrigeration unit or a welfare conversion has a narrower resale market, and funders will want the term to reflect that. It is entirely fundable, but the panel of lenders is smaller.
What we arrange
- Panel vans, pickups and light commercials, individually or in batches.
- HGV tractor units, rigids, tippers, curtainsiders and trailers.
- Specialist bodies — refrigeration, cranes, tail lifts, welfare units and tankers.
- Coaches, minibuses and passenger transport vehicles.
- Forklifts, telehandlers and yard equipment.
- Fleet refinance, releasing capital from vehicles the business already owns.
Worth thinking through
- Match the term to your replacement cycle, not to the lowest possible monthly payment.
- Mileage matters: high-mileage vehicles depreciate faster and funders price for it.
- Emissions zones and compliance deadlines can shorten a vehicle's useful life in some cities.
- Maintenance responsibility differs between hire purchase, leasing and contract hire.
- Check whether the agreement restricts what you can do with the vehicle, such as subcontracting it out.
Frequently asked
Can I fund a used vehicle?
Yes, and it is very common. Funders look at age and mileage and will usually want the agreement to end well before the vehicle does. Ex-fleet vehicles with a full service history are straightforward; very high-mileage or very old units narrow the panel.
Can I fund the vehicle and the body separately?
They are normally funded as one asset, with the finished vehicle valued as a whole. If the chassis and the conversion are being bought from different suppliers, tell us early — it affects how the agreement is put together and when funds are released.
What about a whole fleet at once?
Fleets are usually handled as a facility rather than a series of individual agreements, so you can draw down as vehicles are delivered. It is simpler to administer and often prices better than funding each unit separately.
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Tell us what the money is for
A short conversation is usually enough for us to tell you what is realistic — including when the answer is that you should not borrow.
