Vehicle Finance for UK Businesses

Summary: If your company needs vans, HGVs or specialist vehicles, Fast Business Loans quickly matches you with brokers and lenders who specialise in commercial vehicle finance. Our free, no-obligation enquiry helps you get tailored quotes without affecting your credit score. We work with partners who can consider loans and leases from around £10,000 upwards. Start a Free Eligibility Check now to receive matched options quickly: Free Eligibility Check.

Vehicle finance at a glance

Vehicles are often a business’s lifeblood — they move stock, serve customers and unlock new contracts. Whether you need a single van, a mixed fleet, tipper trucks, refrigerated units or specialist plant, vehicle finance lets you spread the cost and preserve working capital.

• What we do: match your business to lenders and brokers best placed to help.
• Typical funding: loans, hire purchase, leases and asset finance from ~£10,000 upwards.
• Speed: many enquiries receive responses within hours; formal approvals depend on lender due diligence.

If you already know the vehicle type and budget, start a Free Eligibility Check and we’ll match you to suitable partners.

What is business vehicle finance and how it works

What counts as vehicle finance?

Vehicle finance covers commercial funding options used to acquire or refinance vehicles for business use: hire purchase (HP), finance lease, operating lease, chattel mortgages, and asset refinance. Agreements may be secured against the vehicle or structured as off-balance-sheet leases depending on the product.

How vehicle finance agreements work

Most agreements involve a deposit (sometimes 0%), fixed or variable monthly payments over an agreed term (commonly 24–72 months), and different end-of-term options (own the vehicle, return it, or refinance). Rates and conditions vary by lender and the borrower’s profile.

Why use Fast Business Loans for vehicle funding

Searching dozens of lenders takes time. We simplify that by:

• Matching you to brokers and lenders who specialise in commercial vehicle finance for your sector;
• Speeding up responses via a single short enquiry;
• Comparing multiple options so you can choose the best fit — with no obligation and no fee to you.

Remember: Fast Business Loans does not lend or provide regulated financial advice — we introduce you to lenders/brokers who will contact you with options. Start a Get Quote Now to see available routes.

Types of vehicle finance we can facilitate

Hire Purchase & Conditional Sale

Structured for ownership: payments include capital and interest and, on final payment, you typically own the vehicle. Suited for businesses that want to own the asset.

Finance Lease & Operating Lease

Lease options suit businesses wanting predictable costs and off-balance-sheet flexibility. Operating leases suit businesses that prefer to change vehicles regularly.

Chattel Mortgage & Asset Refinance

For larger purchases or refinancing existing vehicle assets — useful for fleets and businesses seeking cash by releasing equity from vehicles.

Short-term & bridging finance

Short-term lending bridges urgent purchases or seasonal peaks; often more expensive but useful for time-critical needs.

We work with partners who can fund vans, HGVs, refrigerated units, tippers and specialist vehicles — including mixed fleets.

The Fast Business Loans process

1. Complete a short enquiry (takes under 2 minutes).
2. We match you to brokers/lenders best placed for your vehicle type and sector.
3. Selected partners contact you with likely options and next steps.
4. You compare quotes and choose a provider to progress to formal application.
5. Provider performs checks; if approved, finance is arranged and vehicle delivered.

This enquiry is informational only and does not affect your credit score. Ready to begin? Start Your Free Eligibility Check.

Eligibility snapshot & typical requirements

What lenders commonly look for:

• Company details (registered name, address, company number).
• Time trading — many lenders prefer established limited companies but some partners consider newer businesses.
• Annual turnover and profitability shows ability to repay.
• Vehicle details: age, mileage, intended use and estimated value.
• Bank statements, VAT returns or management accounts may be requested by lenders.

Adverse credit or past CCJs do not automatically prevent finance — different lenders assess risk differently. Submit a Free Eligibility Check to see which partners can consider your case.

Costs, terms and realistic expectations

Price factors include credit profile, vehicle age, term length, deposit and whether the vehicle is specialist. Typical features:

• Terms usually 24–72 months.
• Deposits often 0–20% depending on product and provider.
• Rates vary: fixed or variable; ask about early settlement fees and maintenance responsibilities.

Always review the full terms from the lender. We can match you to brokers to explain costs tailored to your situation — Get Vehicle Finance Quotes.

Vehicle finance by sector — examples

Different sectors commonly need different vehicle types and finance structures. Examples:

• Logistics & courier: vans and small fleets — hire purchase or tailored fleet leases.
• Construction: tippers, flatbeds and plant — asset finance and chattel mortgages often suitable.
• Agriculture: tractors and specialist trailers — finance packages considering seasonal income.
• Healthcare & social care: patient transport vehicles — specialist lenders can structure tax-efficient solutions.

If you operate in a specialist field, we’ll match you with brokers familiar with your sector’s quirks. For more on tailored options see our page on vehicle finance.

EV & sustainable fleet finance

Many partners now offer finance for electric vans and trucks and for combined packages that include charging infrastructure. There may be grants or tax incentives available — ask your matched broker about EV-specific funding and total cost of ownership comparisons. Start a Free Eligibility Check to discuss green fleet options.

Application checklist & tips for approval

Before you apply

• Gather company registration, ID for directors, recent bank statements, and accounts.
• Get clear vehicle quotes (price, VAT status, delivery times).
• Decide desired term, monthly budget and any deposit available.

During the process

• Be responsive to broker/lender requests — speed helps approvals.
• Clarify whether the lender requires personal guarantees or vehicle security.

After approval

• Read all terms and check for early settlement charges.
• Plan repayments into cashflow and maintain records.

Compare: matched via Fast Business Loans vs going direct

Case study (anonymised)

A north-west courier business needed five replacement vans within two weeks to fulfil a new contract. After a short enquiry, Fast Business Loans matched them to a broker who sourced competitive HP and lease options. The business accepted a 48-month HP package with a moderate deposit; vehicles were delivered within 10 days and the client retained working capital to support expansion.

Want similar help? Get Quote Now.

Risks, responsibilities & important disclaimers

Finance is subject to status and lender terms. Missing repayments can lead to penalties and repossession where the vehicle is security. Fast Business Loans is an introducer: we connect you with lenders and brokers but do not lend money or provide regulated financial advice. Completing an enquiry does not affect your credit score. Always read the lender’s agreement and seek independent advice where needed.

Frequently asked questions

Can I finance used vehicles or specialist equipment?

Yes — many broker partners consider used vehicles and specialist kit. Provide accurate details in your enquiry so we match you appropriately.

How fast can funding be arranged?

Initial matched responses often come within hours; formal approval and funding depend on lender checks and vehicle availability — expect anywhere from a few days to several weeks for delivery and funding.

Do I need a deposit?

Deposits vary by product and lender. Some options offer 0% deposit; others ask for 10–20% depending on risk and vehicle age.

Is there a minimum trading history?

Many lenders prefer established companies, but some broker partners will consider newer businesses with strong plans or a deposit. We’ll match you to the most appropriate partners.

What if I already have vehicle finance?

You can refinance or consolidate in many cases. Disclose existing agreements so brokers can propose the best restructuring options.

Does completing the enquiry affect my credit score?

No. Submitting our short enquiry is a soft, no-impact step. Formal lender credit checks may occur later if you proceed with an offer.

Next steps — get matched and compare quotes

Ready to explore vehicle finance options? Complete a short enquiry now — it’s free, quick, and does not affect your credit score. We’ll match you to brokers and lenders who can offer the best fit for your vehicle needs. Start Your Free Eligibility Check and get vehicle finance quotes today.

– What types of business vehicle finance can I get in the UK?
Our partners offer hire purchase, finance lease, operating lease, chattel mortgages and asset refinance tailored to vans, HGVs and specialist vehicles.

– Can I finance used vehicles or specialist kit like HGVs, tippers or refrigerated units?
Yes, matched brokers and lenders consider both new and used vehicles, including specialist and mixed fleets, subject to lender criteria.

– How fast will I receive vehicle finance quotes or approval?
After your Free Eligibility Check, matched providers typically respond within hours on business days, with formal approval depending on due diligence and vehicle availability.

– Will submitting an enquiry affect my credit score?
No, the enquiry is information-only and doesn’t affect your credit score; lenders may run credit checks only if you decide to proceed.

– How much can I borrow and what terms are typical?
Vehicle funding usually starts from around £10,000 with common terms of 24–72 months, depending on your profile, deposit and vehicle type.

– Do I need a deposit and how much?
Some options offer 0% deposit while others may require 10–20%, varying by product, risk and vehicle age.

– Do you support start-ups or businesses with adverse credit?
Yes, many partners will consider newer businesses and those with credit blips, especially with supporting documents or a reasonable deposit.

– Is Fast Business Loans a lender, and does your service cost anything?
We’re not a lender; we match UK businesses to suitable brokers and lenders free of charge with no obligation to proceed.

– What information or documents will lenders typically ask for?
Expect to provide company details, director ID, recent bank statements or accounts, and vehicle specifics such as price, age, mileage and intended use.

– Do you finance electric vans and sustainable fleets?
Yes, partners can fund EVs and, in some cases, charging infrastructure, with guidance on incentives and total cost of ownership.