Finance the vans that move the business.
Commercial vehicle finance lets your business spread the cost of vans, HGVs, trailers and specialist vehicles. Single owner-operators to multi-vehicle fleets — we have lenders for all of it.
At a glance
- Vans, HGVs, trailers and specialist CVs
- New, used, dealer or private sale
- Indicative annual flat rates may start at 5.5%
- Single vehicles to multi-vehicle fleets
- Conversions and fit-outs included
Broker
Independent
Timing
Case by case
Terms
Subject to review
From enquiry to business momentum.
Enquire in 60 seconds
Tell us about the asset, the amount and the timing so we can focus the conversation on your business plans.
We get to know your business
A dedicated account manager gets to know your goals and helps shape the right finance conversation.
We explore suitable provider routes
We consider suitable provider routes based on the asset, the information available and the circumstances described.
Move forward with clarity
Your account manager talks you through the options and helps you choose the next step for your business.
Every kind of business vehicle.
Light commercial vans
Transit, Sprinter, Crafter, Vivaro, Berlingo. New, nearly-new and used. Single vehicle owner-operators welcome.
HGVs & rigids
7.5t to 44t tractor units, rigids, drawbars and curtainsiders. Major fleets to single trucks.
Trailers & specialist
Curtainsiders, refrigerated, tippers, low-loaders, tankers, livestock, recovery and conversions.
Cars & SUVs
Director vehicles, sales fleets, pool cars. PCP, HP, finance lease and contract hire all available.
Specialist & plant vehicles
Tippers, sweepers, gritters, RCVs, mobile plant, agricultural vehicles.
Electric & low-emission
EV vans, hydrogen trucks, charging infrastructure. Lenders increasingly attractive on green CVs.
Three common ways to finance a CV.
Most UK businesses pick hire purchase for vans and trucks they want to own at the end of the term. Finance lease and contract hire suit fleets that refresh on a 3–4 year cycle.
Hire Purchase
Deposit plus fixed monthly payments. Ownership transfer and any capital-allowance treatment depend on the agreement, asset and current rules.
Finance Lease
Deposit, VAT treatment, payment profile and end-of-term options depend on the proposed agreement and your circumstances.
Contract Hire
Operating lease with full residual risk on the lender. Predictable lifecycle, walk away at end.
Go deeper on the highest-intent vehicle finance searches.
Vehicle finance, answered.
What's the cheapest way to finance a van?
For most SMEs it's hire purchase — vans hold their value reasonably well, you get capital allowances on the asset and you own it outright at the end. Finance lease can be cheaper monthly if you'll upgrade in 3–4 years.
Can I finance a used vehicle?
Yes. Most lenders will fund vehicles up to 5 years old at the start of the agreement, with the agreement ending before the vehicle is 10 years old. Specialist lenders go older still.
Do you fund private-sale vehicles?
Yes — provided we can verify the title, the vehicle's history and a fair market valuation. We'll usually arrange an independent inspection on bigger-ticket purchases.
What about VAT-qualifying vehicles?
On commercial vehicles VAT is reclaimable (subject to your VAT position). On hire purchase the VAT is invoiced upfront and reclaimed in your next return; on finance lease the VAT is spread across each rental.
Can I include the conversion or fit-out?
Yes. Refrigeration units, tail-lifts, toolboxes, racking, livery and ply-lining can typically be rolled into the finance — one monthly payment, one agreement.
Will applying affect my credit score?
The credit-search process depends on the application and lender. We will explain whether a soft or hard search is required before proceeding. AssetFi is a trading style of Vernova Finance Ltd and acts as an independent broker, subject to customer circumstances and lender criteria.