Lendus.

Commercial Vehicle Finance

Spread the cost of commercial vehicles from £15,000 to £150,000+ with flexible finance options. HP, lease, or refinance — compare rates from 40+ lenders.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£15k – £150k

Approval Speed

24–48 hours

Same-day for < £50k

Rates From

From 4.8% APR

Compare commercial vehicle finance rates from 200+ lenders

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Finance options

Hire Purchase (HP)

Rate
From 5.2% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Businesses wanting to own the vehicle outright

Finance Lease

Rate
From 4.8% APR
Term
12–60 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient — claim 100% of payments against profit

Operating Lease

Rate
From 5.5% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Flexible fleet management. Off balance sheet.

Representative example

Borrow £45,000 over 48 months at 5.9% APR (fixed). Monthly repayment: ~£936. Total amount payable: ~£44,928. Rates depend on your circumstances.

Popular models

Model Price Range Type
Ford Transit £30,000 – £50,000 Large Van
Mercedes Sprinter 516 £40,000 – £60,000 Chassis Cab
Isuzu N75 £35,000 – £55,000 Light Truck
Renault Master £28,000 – £42,000 Large Van

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Tax benefits

Commercial vehicles qualify for Annual Investment Allowance (AIA), letting you deduct the full purchase cost from taxable profits in year one — up to £1,000,000. For HP, you claim capital allowances on the asset. For leases, the full payment is typically deductible from profits.

Market context

The UK light commercial vehicle market recorded over 356,000 new registrations in 2024. Electric commercial vehicles now account for 8% of new registrations. The average UK business fleet has 12 commercial vehicles.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Our eligibility check uses a soft search only — no impact on your credit score.

Compare rates from 200+ lenders — takes 2 minutes.

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Frequently asked questions

Can I finance a used commercial vehicle?
Yes. Most lenders finance used commercial vehicles up to 8 years old. Rates for used vehicles are typically 0.5–1% higher than new, and an independent valuation may be required for older vehicles.
What deposit do I need?
For hire purchase, most lenders ask for 10–20% deposit. Finance leases and operating leases often require no deposit. A larger deposit reduces monthly payments and may improve your rate.
How quickly can I get commercial vehicle finance?
Most applications are approved within 24–48 hours. Straightforward deals under £50k often get same-day approval. Fleet purchases or complex applications may take 3–5 working days.
Do I need to have been trading for a minimum period?
Most lenders require 2+ years of trading history for standard terms. Startups can still access finance but may need a personal guarantee or higher deposit.

Guides and resources

Ready to finance your commercial vehicle?

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