Funding for the trucks that keep Britain moving.
Rigids, tractor units, curtain-siders, tippers, refrigerated bodies and tail-lifts. New, used, ex-demo or operator part-exchange. Funded by HGV-specialist lenders, not generalist banks.
Indicative rate may start at
7.4% APR
Deposit
0–15% typical
Term
36–72 months
Typical ticket
£45k – £180k per unit
Specifics matter. Here's what's in scope.
Tractor units
DAF XF/XG, Mercedes Actros, Scania R/S, Volvo FH, MAN TGX, Iveco S-Way. Euro 6 stock and Euro 7 stock as it lands.
Rigids
18-tonne, 26-tonne, 32-tonne, 8-wheelers. Curtain-siders, box bodies, tippers, refuse, hookloader, Hiab cranes.
Refrigerated HGVs
Multi-temp bodies, single-temp reefer, blast freezer trucks. Carrier, Thermo King, Hubbard refrigeration units.
Trailers
Curtain-side, double-deck, refrigerated, low-loader, walking-floor, tipper, tanker. Funded standalone or with the unit.
Used HGV stock
Up to 8 years old at end of term. Dealer, auction or private sale — engineer's report often substitutes for warranty.
Conversions
Tail-lifts, sliding doors, racking, refrigeration retrofit, telematics, fuel tanks. Built into the agreement.
Three reasons hgvs buyers finance.
Match the term to the vehicle's life
A new tractor unit will earn for 7+ years. Spread the cost over 5–6 years and the truck pays for itself out of the contract revenue it generates.
Preserve cash for drivers and fuel
Driver wages and fuel are 60%+ of operating cost. Locking £150k of cash into a vehicle when it could fund six months of payroll rarely makes sense.
Potential capital allowances
Qualifying expenditure may be eligible for capital allowances depending on the business, asset, agreement and current rules. Confirm the treatment with an accountant or tax adviser.
From quote to hgvs on the road.
Tell us the spec
Make, model, age, dealer and on-road price help us understand the proposed asset. We explain any credit-search process before an application proceeds.
We assess suitable truck-funder routes
We assess whether selected provider routes may be relevant to the asset and customer circumstances. Any available terms are set out in a formal proposal.
Documents and pay-out
Documentation, payment timing and delivery depend on the supplier, provider requirements and final agreement.
Hire Purchase usually wins for hgvs.
Hire purchase may be considered where an ownership-transfer structure suits the asset and business plan. Capital-allowance treatment depends on current rules and circumstances.
Move from asset choice to a more informed funding discussion.
Monthly-cost calculator
Model indicative repayments and compare potential structures.
Run the numbersTransport & Logistics case study
See a real case study from the sector in which this asset is used.
Read the case studyHire purchase and finance lease guide
Compare two common structures before deciding how to fund a commercial vehicle.
Read the guideHGV Finance — what people ask.
What's the maximum age of HGV you'll finance?
Most lenders fund vehicles up to 6 years old at the start of a 5-year term — so the truck can be 11 years old at the end. A handful of specialists go to 8 years at the start on premium brands with full service history.
Can I finance a truck I'm buying at auction?
Yes — we work with three lenders comfortable with auction stock (BCA, Manheim, Aston Barclay, dealer-only auctions). You'll typically need an inspection report. We can issue a pre-approved facility before you bid so you know your ceiling.
Do I need an O-licence to apply?
For vehicles over 3.5 tonnes, yes. The lender will want sight of your operator's licence, transport manager qualification and base evidence. If you're applying for one in parallel, we have lenders who'll proceed on the application reference.
What if the truck has a long build slot?
Standard for new tractor units. We'll issue a credit-approved facility that holds for 6 months, pay any factory deposit needed to lock in the build, and pay the balance on first registration. Rentals only start when the vehicle hits the road.
Ready to fund your hgvs?
Discuss the asset, your circumstances and suitable finance options with an experienced broker. Read our commission disclosure.
Asset finance hub
Explore the broader asset-finance hub for other equipment and finance structures.