What is business vehicle finance?

Business vehicle finance covers loans, hire purchase, leasing and refinance facilities that let companies acquire vehicles (new or used) without paying the full purchase price up front. It’s commonly used to buy vans, trucks, HGVs, plant, taxis, refrigerated units and electric vehicle fleets.

Vehicle finance can be structured to preserve working capital, spread the cost, or match repayments to seasonal income. Fast Business Loans does not lend directly — instead we match your business with brokers and lenders who specialise in the type of vehicle and sector you operate in.

Free Eligibility Check

Why choose Fast Business Loans for vehicle funding?

• Speed: Our short enquiry helps you get matched quickly — the first contact from a lender or broker often happens within hours.
• Sector knowledge: We match you to providers who understand transport, logistics, construction, agriculture, hospitality and other industry needs.
• No-cost, no-obligation: Using our service is free. Submitting an enquiry won’t obligate you to accept an offer.
• Privacy & clarity: We only share your details with providers likely to help. Your enquiry is not a formal application and won’t affect your credit score.
• Loan sizes: We focus on vehicle finance from around £10,000 and above.

Want to compare options quickly? Get Matched with Vehicle Finance Specialists

Vehicle finance options we can help you compare

Common finance types

• Business loan: A lump-sum cash loan that can be used to purchase vehicles outright; you own the asset from day one.
• Hire Purchase (HP): Spread payments over a fixed term; ownership transfers after the final payment.
• Finance lease / operating lease: Leasing solutions where ownership may not transfer — ideal for frequent upgrades or tax planning.
• Refinance / re-structure: Consolidate or refinance existing vehicle finance to improve cash flow.
• Asset finance: Specifically structured to fund vehicles and related equipment, often allowing flexible deposits or seasonal payment plans.

Vehicle types supported

We can match you to lenders and brokers for:

• Vans and light commercial vehicles
• HGVs and rigid trucks
• Company cars and executive vehicles
• EV fleets and chargers
• Specialist vehicles (refrigerated, plant, agricultural)

For more on specialist vehicle lending and the types of products available, explore our dedicated vehicle finance guidance at vehicle finance.

Talk to a vehicle finance specialist

Typical eligibility & documents

Eligibility varies by lender but most providers will ask for:

• Registered UK company details and contact information
• Accounts for the last 1–3 years (or management accounts for newer businesses)
• Business bank statements (3–6 months)
• Details of the vehicle(s) to be financed (make, model, age, mileage, cost)
• Director ID and proof of address
• Invoice, pro-forma or vehicle order information where applicable

Many lenders accept businesses with limited trading history or non-perfect credit profiles; specialist brokers on our panel can advise on the best route. If you need help assembling paperwork, put that in your enquiry and we’ll match you to a provider who can support you through the process.

Check your eligibility in minutes

How the Fast Business Loans matching process works

1. Quick enquiry: Complete our short form — it takes around 2 minutes and is not a formal application.
2. Intelligent matching: We identify lenders and brokers suited to your vehicle type, loan size (from £10,000+) and sector.
3. Rapid contact: A matched provider will call or email to discuss options and request any documents.
4. Compare & decide: You receive quotes and choose the provider and product that best fit your business.

We act as an introducer — the lender or broker handles the underwriting, offers and any formal checks. Submitting our enquiry will not affect your credit score.

Start your free vehicle finance enquiry

Understanding costs, rates & repayments

Vehicle finance pricing is driven by:

• Loan amount and term
• Vehicle type, age and residual value
• Deposit or trade-in value
• Business credit profile and trading history
• Any security offered (e.g. charge over assets)

Repayment structures include fixed monthly payments, seasonal payments for cyclical businesses, and balloon payments at term end. Leasing may offer lower monthly costs but different tax and ownership outcomes than purchase finance — your matched broker or lender will explain the total cost and tax considerations.

Note: actual interest rates, fees and contract terms are set by the lender after assessment. We recommend comparing total cost of ownership (repayments, maintenance, insurance and tax) rather than focusing only on monthly payments.

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Benefits of securing vehicle finance through our panel

• Preserve cash — keep working capital for daily operations.
• Upgrade or expand fleet without large upfront spend.
• Access specialist lenders you may not find easily yourself.
• Quicker matching and fewer unsuitable lender approaches.
• Support with paperwork and negotiating tailored terms.
• Help adopting EVs or greener vehicles with finance that supports transition plans.

Start your free vehicle finance enquiry

Illustrative example: scaling a regional courier fleet

A regional courier company needed five additional vans to meet growing demand but wanted to preserve cash for hiring drivers. They completed a Fast Business Loans enquiry and were matched with two specialist brokers. One broker arranged a hire purchase for three new vans and a short-term finance lease for two used vans, keeping monthly payments manageable and allowing replacement options after three years. Result: on-time deliveries improved, turnover increased, and working capital stayed intact. (Illustrative example — outcomes vary by lender and business.)

Frequently asked questions

Does submitting an enquiry affect my credit score?

No — our matching enquiry is a soft process and does not trigger a credit search. Lenders may perform formal checks later if you choose to proceed.

Can you help with electric vehicle (EV) fleet finance?

Yes. We match businesses with lenders and brokers experienced in EV funding, including packages that consider vehicle grants, charging infrastructure and residual values.

How long until funds are available?

Timescales depend on the lender and documentation, but many providers can give decisions within days and arrange funding once paperwork is complete.

Is there a fee to use Fast Business Loans?

Our service is free for business owners. We may receive a commission from a lender or broker if you proceed, which does not increase your cost as disclosed by the provider.

What loan sizes do you handle?

We typically match businesses seeking vehicle finance from around £10,000 upwards.

Get answers — submit your vehicle finance enquiry

Ready to explore vehicle finance for your business?

If you’re looking to buy, lease or refinance commercial vehicles, Fast Business Loans will match you quickly with lenders and brokers who specialise in your sector and vehicle type. Complete a short, no-obligation form and you’ll receive tailored contacts and quotes — simple, fast and free.

Get a Fast Quote Now — Free Eligibility Check

Fast Business Loans acts as an introducer and does not provide lending or regulated financial advice. Eligibility and terms depend on the lender’s assessment. Completing our enquiry is not a loan application and will not affect your credit score; formal credit checks may occur later if you apply with a lender.