Vehicle Finance for UK Businesses

Summary: Fast Business Loans connects UK companies with specialist lenders and brokers to arrange vehicle finance for vans, HGVs, cars used commercially and entire fleets. We’re an introducer (not a lender): complete a short, free enquiry and we’ll match you to the best providers for your needs. Typical deals start at around £10,000 and can cover new, used and electric vehicles, hire purchase, leasing, refinance and specialist fleet funding. Get Your Free Eligibility Check (takes under 2 minutes — no credit score impact for initial enquiries).

What is business vehicle finance?

Business vehicle finance is a term for the range of funding options companies use to acquire or refinance vehicles used in trade. Commonly arranged through banks, specialist lenders or brokers, these products include hire purchase, lease agreements, balloon finance and asset refinance. The right product depends on cashflow, tax treatment, mileage, and whether you want ownership at the end of the term.

Key features at a glance

• Funding for commercial vehicles from ~£10,000 upwards (single vehicles or fleets).
• Options to buy outright over time (hire purchase) or to lease with fixed monthly payments.
• Flexible terms and deposit levels depending on lender and vehicle age.
• Specialist solutions for electric vehicles (EVs), refrigerated units, tippers, HGVs, and converted vans.

When vehicle finance helps your business grow

If you need to expand deliveries, replace ageing vans, add specialist equipment to vehicles, or switch to electric models to meet sustainability targets, vehicle finance can preserve working capital while giving you access to the right assets. Typical scenarios we help with:

• A logistics firm replacing part of its fleet to improve reliability.
• A contractor needing a specialist refrigerated van with minimal upfront cost.
• An expanding retailer adding delivery vehicles to support same-day service.
• A business moving to EVs and seeking tailored funding packages that reflect range, incentives and charging infrastructure costs.

Example (anonymised): A Midlands-based courier business needed six replacement vans quickly. After a short enquiry we matched them with a broker who secured a mixed HP and operating lease package allowing staggered replacement with manageable monthly payments.

Compare lenders now — our enquiry is free and non-binding.

Vehicle finance options our partners arrange

Our panel can introduce you to lenders and brokers who specialise in the following products. We outline benefits and considerations to help you decide which to explore further with your match.

Hire Purchase (HP)

• Pay fixed monthly instalments; you usually own the vehicle after the final payment.
• Good for businesses wanting to own the asset; finance is often secured against the vehicle.
• Consider VAT treatment, deposit requirement and term length.

Operating Lease & Finance Lease

• Operating lease: use the vehicle for the term, return it at the end — off-balance-sheet benefits for some businesses.
• Finance lease: similar to HP but ownership remains with lessor; often used where residual value risk is accepted by the business.

Balloon / Residual Value Deals

• Lower monthly payments in exchange for a larger lump sum at the end if you choose to buy.
• Useful if you anticipate sale or trade-in at term-end.

Refinance & Fleet Equity Release

• Release capital tied up in owned vehicles or restructure existing finance for better cashflow.
• May be an option for larger fleets or businesses seeking liquidity.

Specialist EV & Low-Emission Vehicle Finance

• Dealers and lenders offer tailored terms that reflect incentives, battery warranties and residual values.
• Important to consider total cost of ownership, charging infrastructure and grant availability.

Each product has trade-offs — deposit, term, tax implications and end-of-term options vary. We don’t provide finance advice, but our matched brokers will explain suitability for your business.

Learn more about tailored commercial vehicle funding options such as van and truck finance by exploring our dedicated vehicle finance pillar on vehicle finance.

Eligibility & what lenders consider

Lenders typically assess:

• Business type and legal structure (limited companies and partnerships commonly supported).
• Trading history and annual turnover.
• Credit profile (company and director-level where applicable).
• Vehicle type, age and intended use (urban mileage, heavy-duty use, specialist conversions).
• Deposit amount and requested term.

Fast Business Loans works with a broad panel, so if you’ve faced refusals elsewhere we may still be able to find a suitable route — however we cannot guarantee approval. Our minimum typical deal size is around £10,000.

Start your vehicle finance enquiry — it’s quick and won’t affect your credit score at the enquiry stage.

How Fast Business Loans works

1. Complete a short enquiry form with basic business and funding details. (Takes under 2 minutes.)
2. We match you to the lenders or brokers best suited to your sector and vehicle requirements.
3. A matched broker or lender contacts you to discuss options and may request supporting documents.
4. Compare offers, choose the best fit and progress directly with the provider. Fast Business Loans does not lend and does not complete applications on your behalf.

We only share your details with selected partners relevant to your request. There’s no obligation to proceed after matching.

Benefits of using our introducer service

• Save time: one short form and we do the searching for you.
• Better match rates: introductions are made to lenders who understand your sector and vehicle type.
• Access to specialist products: funding for EVs, refrigerated vehicles, tippers and HGVs.
• Confidential and free: initial enquiries do not affect credit scores and cost nothing to submit.

“Fast, simple and helpful — we were connected to a broker who understood fleet scaling.” — anonymised client feedback.

Get matched to trusted brokers — takes under 2 minutes.

Comparing vehicle finance products — decision checklist

When comparing quotes, check:

• Total cost of credit (monthly payments × term + final payments).
• Deposit and initial fees.
• Mileage limits and excess charges (especially on leases).
• End-of-term options: return, purchase, or refinance.
• Maintenance and insurance responsibilities (sometimes bundled in lease deals).
• VAT treatment and tax considerations — discuss with your accountant.

Ask your matched broker for a clear illustration of costs over the full term and an explanation of any residual value assumptions.

Preparing your enquiry — documents & next steps

Having these ready speeds the process once a broker reaches out:

• Latest company accounts (or management accounts if more recent).
• Bank statements (typically 3 months).
• Details of the vehicle(s): make, model, age, mileage, value.
• Existing finance agreements if refinancing.
• Proof of address and ID for directors if requested later by lenders.

Only share sensitive documents when asked by a matched broker or lender and confirm who will hold them.

FAQs

Is Fast Business Loans a lender?

No. We are an introducer that connects your business with specialist vehicle finance brokers and lenders. We don’t lend money or complete loan agreements ourselves.

What types of vehicles can be financed?

Vans, cars used for business, light commercial vehicles, HGVs, specialist vehicles (refrigerated, tippers, box vans), and electric fleets — either new or used.

What deposit is usually required?

Deposit requirements vary by product and lender — some deals require little or no deposit while others look for a typical deposit of 5–20% depending on risk and vehicle age.

Will my credit score be affected when I enquire?

No — initial enquiries via Fast Business Loans are soft and do not impact your credit score. Lenders may perform full checks only if you proceed.

Can I refinance existing vehicle finance to release cash?

Yes — many lenders and brokers offer refinance or fleet equity release options to improve cashflow or consolidate facilities.

Do you arrange finance for electric vehicles?

Yes. We match businesses to partners experienced in EV funding and in evaluating grants, charging costs and residual values.

How long will I wait for a quote?

Often you’ll receive contact within a few working hours after submitting your enquiry; a full quote timeframe depends on the provider and how quickly supporting documents are supplied.

What’s the minimum finance amount?

Typical arrangements start from approximately £10,000, and we can also help with larger fleet funding up to multi-million pound facilities through specialist partners.

Ready to explore vehicle finance options?

Fast Business Loans makes finding the right vehicle finance quicker and easier — we match your business to brokers and lenders who specialise in the vehicles and terms you need. Complete our short enquiry now and receive tailored contact from matched providers: Free Eligibility Check — Get Quote Now. Microcopy: Takes under 2 minutes. No credit score impact for initial enquiries. No obligation to proceed.

vehicle finance

– Is the Fast Business Loans form an application or just an enquiry? Answer: It’s a quick, free enquiry used to match your UK business with suitable vehicle finance brokers and lenders, with no obligation and no initial impact on your credit score.

– Are you a lender? Answer: No — Fast Business Loans is an introducer that connects you with trusted UK vehicle finance brokers and lenders.

– What types of vehicles can be financed? Answer: Our partners can fund vans, cars used for business, light commercials, HGVs, specialist vehicles (refrigerated, tippers, box vans) and electric fleets, both new and used, including single vehicles and full fleets.

– What vehicle finance options can you arrange? Answer: Common options include hire purchase (HP), operating lease, finance lease, balloon/residual value deals, and refinance or fleet equity release.

– What’s the typical minimum and maximum amount for vehicle finance? Answer: Typical facilities start from around £10,000 and can scale to multi‑million pound fleet funding through specialist partners.

– What deposit is usually required? Answer: Deposit levels vary by lender and vehicle, with some low or no‑deposit options and many deals requiring 5–20% depending on risk and vehicle age.

– Will my credit score be affected when I submit an enquiry? Answer: No — initial enquiries are soft and won’t affect your credit score; lenders may run full checks only if you choose to proceed.

– How quickly could I get a quote or decision? Answer: You’ll usually be contacted within a few working hours, with full quotes dependent on the provider and how quickly you supply documents.

– What documents will I need to provide? Answer: Be ready with recent company accounts, around 3 months’ bank statements, vehicle details (make/model/age/mileage/value), any existing finance agreements, and director ID/address if requested.

– Can you help if I’ve been declined elsewhere or have limited trading history? Answer: We work with a broad UK panel that considers a range of profiles and sectors, so we may still find a route, though approval can’t be guaranteed.