The challenge
A courier operator needed six electric vans and depot chargers to service a low-emission city-centre contract without taking residual-value risk on battery technology.
What we did
A 48-month finance lease covering the vans and eligible charging hardware, structured around contract revenue and expected utilisation.
The outcome
The fleet entered service before the contract start date, diesel costs reduced and the business kept flexibility to refresh vehicles at term end.
The full story
How the deal came together.
The low-emission requirement
Clyde City Couriers won a city-centre delivery route where electric vans scored heavily in the tender. The operational challenge was funding both vehicles and depot charging before revenue started.
Why finance lease
The directors wanted use of the vans, not necessarily ownership of four-year-old battery assets. Finance lease spread VAT across rentals and gave end-of-term flexibility.
Outcome
All six vans were delivered, chargers installed and drivers trained before the go-live date. The lender was comfortable because contract revenue, route mileage and charging plans were submitted together.
Could you fund this?
If your business looks anything like Clyde, the answer is almost certainly yes.