Vehicle finance for UK businesses

Summary: Fast Business Loans connects UK limited companies and trading businesses with lenders and brokers to secure vehicle finance from £10,000 upwards. Complete a short, no-obligation enquiry to receive a free eligibility check and tailored introductions — your enquiry does not impact your credit score. Get started with our Free Eligibility Check and we’ll match you to vehicle finance specialists quickly.

Free Eligibility Check – Get Started Takes under 2 minutes. No impact on credit score.

What is vehicle finance for businesses?

Vehicle finance allows businesses to acquire vehicles — from company cars and vans to HGVs, refrigerated units and specialist plant — without paying the full purchase price upfront. Instead you spread the cost over months or years using products such as leasing, hire purchase or finance lease.

• Preserves working capital and can improve cashflow planning.
• Supports fleet refresh programmes and transition to low-emission vehicles.
• Different products suit different goals: outright ownership, off-balance-sheet rental, or flexible replacement cycles.

Quick fact: vehicle finance can preserve cash while allowing you to upgrade vehicles or scale your fleet.

Why Fast Business Loans is different

We’re an introducer — not a lender. That means we don’t underwrite or offer advice; we quickly match your business to lenders or brokers who specialise in commercial vehicle funding. Key differences:

• Sector-matched introductions — brokers with experience in logistics, construction, hospitality and more.
• One short enquiry replaces hours of searching — we share your details only with providers that fit your needs.
• Free to use and no obligation to proceed.
• Confidential handling of your information and clear, transparent next steps.

Match me with vehicle finance specialists

Types of vehicle finance we can introduce

Business contract hire (leasing)

Contract hire is an operating lease where you rent vehicles for a fixed term and mileage. Often includes maintenance and can make fleet budgeting predictable.

• Pros: Lower upfront cost, predictable monthly payments, simple fleet renewal.
• Cons: Mileage limits and no ownership at term end.
• Best for: Businesses that want regular fleet updates and managed maintenance.

Hire purchase

Hire purchase spreads the cost with an option to own the vehicle once final payment is made. Usually requires a deposit and fixed monthly payments.

• Pros: Ownership at the end, straightforward structure.
• Cons: Vehicle sits on your balance sheet; early repayment terms vary.
• Best for: Companies planning long-term ownership of specific vehicles.

Finance lease

Finance leases offer long-term funding where the lessee bears residual value risk. Flexible for businesses that might sell or trade assets at term end.

• Pros: Flexible asset disposal options, often lower monthly cost than hire purchase.
• Cons: You don’t own the asset; tax/treatment depends on structure — seek accounting advice.

Refinancing existing vehicles

Refinance lets you release equity from owned vehicles or restructure expensive existing agreements to improve monthly cashflow.

Note: Terms and features vary by lender. Always review agreements and get independent tax or accounting advice where appropriate.

Vehicles & sectors we support

We introduce businesses to providers experienced in funding:

• Vans, LCVs and crew vans
• HGVs and articulated trucks
• Refrigerated transport and specialist vehicles
• Plant and agricultural machinery
• EV fleets and hybrid conversions

Typical sectors we help: logistics & haulage, construction, food & drink distribution, retail delivery, care & healthcare transport, hospitality and manufacturing.

For a detailed overview of commercial vehicle funding options, read our pillar guide to vehicle finance.

How our matching process works

1. Share your needs: Complete a short enquiry with the amount, vehicle type and business details.
2. Smart matching: We identify lenders and brokers suited to your sector and requirements.
3. Rapid contact: Selected providers reach out — often within hours — to discuss options and next steps.
4. Compare & decide: Review proposals and choose the solution that fits. No obligation to proceed.

All introductions are intended to save you time and increase the chance of securing appropriate funding without multiple separate applications.

Start my vehicle finance enquiry

Eligibility snapshot

Typical lender criteria vary, but common factors include:

• Minimum finance: generally from £10,000 upwards.
• Time trading: many lenders prefer established businesses, though specialist brokers can assist younger companies.
• Turnover and affordability: lenders assess ability to meet repayments; turnover thresholds depend on product and asset.
• Director information and personal guarantees may be required for some deals.

Good to know: Submitting our enquiry does not affect your credit score.

Costs, rates & terms: what to expect

Pricing depends on the lender, product, vehicle age and credit profile. Typical considerations:

• Indicative rates commonly range from around 5% to higher depending on risk and product type — exact rates are set by lenders.
• Terms: 12–84 months are common; longer terms lower monthly payments but may increase total cost.
• Structures: deposits, balloon payments and maintenance packages alter monthly cost.
• Additional fees: documentation, administration and maintenance can apply.

We introduce you to providers who will give clear cost breakdowns. Always check the full terms and any early repayment or end-of-term charges.

Preparing a strong vehicle finance application

To speed up the process, have these ready:

• Recent company accounts or management accounts
• Business bank statements (typically last 3 months)
• Vehicle quotes or details (make, model, mileage if used)
• Director details and proof of ID
• Any existing finance agreements to be refinanced

Honesty about credit history and clear cashflow records will help brokers find the most suitable partners. Upload details securely via our enquiry form.

Benefits of using an introducer vs going direct

Case snapshots (anonymous)

Midlands courier fleet (turnover £2.5m): Challenge — ageing van fleet. Solution — introduced to a finance lease broker. Result — 8 new vans delivered with manageable monthly payments and included maintenance.

Regional construction contractor: Challenge — limited cash for pickups and plant. Solution — hire purchase package with modest deposit. Result — ownership at term with predictable repayments and improved site capability.

Wholesale food distributor moving to EVs: Challenge — high upfront cost. Solution — operating lease combined with grant support via a specialist broker. Result — phased EV rollout with predictable operating costs.

See what options you could unlock — Request your tailored introductions

Compliance & responsible finance

We are an introducer, not a lender, and we do not give regulated financial advice. Our role is to connect businesses with lenders and brokers who can discuss finance options. Finance is subject to status, affordability and lender criteria. Always read provider terms and consider independent tax or accounting advice where needed.

Your data is handled in line with our privacy policy and only shared with selected providers relevant to your enquiry.

Frequently asked questions

Can I finance electric or hybrid vehicles?

Yes. Many lenders and brokers now offer tailored products for EVs and hybrids, including operating leases and packages that combine grants and finance. Tell us your preference in the enquiry and we’ll match you to specialists.

How long does it take to receive offers?

Initial contact is often within hours. Time to funding depends on vehicle sourcing, valuation and documentation — it can be days to weeks depending on complexity.

Do you charge businesses to use the service?

Our introduction service is free to use. Any fees for broker services or lender charges will be disclosed by the provider before you proceed.

What if I’ve had credit issues in the past?

We work with brokers who specialise in a range of credit profiles. While past challenges can affect terms, suitable options may still be available — complete the enquiry to see matched possibilities.

Start your free eligibility check

Ready to explore vehicle finance options for your business from £10,000 and up? Our short enquiry helps us match you with lenders and brokers who understand your sector and needs. It’s free, quick and won’t affect your credit score.

Get Quote Now – Free Eligibility Check

Takes under 2 minutes. No obligation. We introduce you only to lenders or brokers suited to your requirements.

Prefer to talk first? Request a callback when you submit the form and a specialist introducer will arrange the best next steps.

1) What is business vehicle finance and how does it work?
A: Business vehicle finance lets UK companies acquire vans, trucks, HGVs or fleets by spreading costs over fixed terms via leasing, hire purchase, finance lease or refinancing, preserving cash flow while Fast Business Loans introduces you to suitable lenders and brokers.

2) What is the minimum amount of vehicle finance you can help arrange?
A: We typically introduce vehicle finance from around £10,000 upwards, with exact ranges depending on the matched lender or broker.

3) Will submitting an enquiry affect my credit score?
A: No—our initial enquiry and free eligibility check do not affect your credit score, and any credit search happens only if you choose to proceed with a provider.

4) How quickly can I get matched and receive offers?
A: During business hours you’ll usually hear from matched lenders or brokers within hours, while time to funding varies by product, due diligence and vehicle sourcing.

5) Do you support electric vehicles, HGVs and specialist vehicles?
A: Yes, we can introduce providers for EVs and hybrids, vans, HGVs, refrigerated units and specialist plant across multiple UK sectors.

6) What types of commercial vehicle finance can I be introduced to?
A: We connect you to options including business contract hire (operating lease), hire purchase, finance lease and vehicle or fleet refinancing.

7) What are typical rates and terms for vehicle finance?
A: Indicative rates commonly start from around 5% with terms of 12–84 months, with deposits and balloon payments set by lender, asset and risk profile.

8) Will I own the vehicle at the end of the agreement?
A: Ownership depends on the product—hire purchase usually ends in ownership after the final payment, while operating leases and many finance leases do not.

9) What documents will I need to provide?
A: Providers typically request recent company or management accounts, last three months’ bank statements, vehicle details, director ID and any agreements to be refinanced, while our enquiry only collects basic info.

10) Does Fast Business Loans charge fees or give financial advice?
A: Our matching service is free and without obligation, and we act as an introducer (not a lender or advisor) with any broker or lender fees explained before you proceed.