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EV Charger Finance

Finance workplace and fleet EV charge points from £3,000 to £150,000, for staff parking, depots and customer car parks. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a ev charger?

Yes, ev chargers are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £3,000 to £150,000, and most deals are written over 12–72 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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

Typical Cost

£3k – £150k

Approval Speed

24–48 hours

100% finance available

Rates From

4.8% APR

What would a ev charger cost per month?

£25,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical ev charger price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 5.2% APR
Term
12–72 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Businesses wanting to own the charge points outright

Finance Lease

Rate
From 4.8% APR
Term
12–72 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
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Upgrade as charging tech and fleet needs evolve

Representative example

On a purchase price of £25,000: a 10% deposit of £2,500, then 48 monthly payments of £527 at 5.9% APR representative (fixed). Total amount payable £27,796, including the deposit. The rate you are offered depends on your business and the asset.

What buyers actually specify

Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.

Machine or specification Guide price Type
Zappi Pro (Myenergi) 7kW £1,000 – £1,600 AC Tethered Charger
Alfen Eve Single Pro-line 22kW £1,800 – £2,800 AC Untethered Charger
Rolec BasicCharge 7kW (x10 Workplace Install) £9,000 – £15,000 Workplace AC Install
Alfen Eve Cloud 22kW (x20 Fleet Depot) £45,000 – £70,000 Fleet Depot AC Install

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Tax benefits

AC charge points generally qualify as plant and machinery for capital allowances, so a business can typically set some or all of the installation cost against taxable profits through the Annual Investment Allowance or other first-year reliefs, subject to your total qualifying spend for the year. Confirm current treatment, and whether any grant funding is currently available for your sector, with your accountant or installer before finalising costs.

Market context

The typical buyer is a business fitting out staff or fleet parking rather than public charging: an office wanting a handful of workplace points for employee cars, or a fleet operator or courier depot needing enough 7kW to 22kW points to charge a van or car fleet overnight. Because these are AC chargers rather than DC rapid units, they suit vehicles that are parked for several hours, not quick top-ups; if your business needs faster turnaround for customer-facing or forecourt use, rapid DC charging is usually the better fit. Load management, ideally reviewed with your electrician, is often the deciding factor in how many points a site's existing electrical supply can support without a costly grid upgrade.

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. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.

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Frequently asked questions

What's the difference between workplace and fleet EV charging?
Workplace charging is typically a small number of 7kW points for employees' own cars, used during the working day. Fleet charging is usually a larger installation of 7kW to 22kW points at a depot, sized to fully charge a fleet of vans or cars overnight. Fleet installations often need more careful load management and sometimes a dedicated electrical supply upgrade, which can add to the cost but is usually straightforward to include in the same finance agreement.
Can I finance the electrical groundworks as well as the chargers?
Yes, most lenders will fund cabling, load management equipment and any distribution board upgrades alongside the charge points themselves, provided they're itemised on the supplier's invoice. This is usually simpler than trying to finance the chargers separately from the electrical works, and means the whole installation is covered by one repayment schedule rather than a mix of finance and cash spend.
Will my electrical supply need upgrading for multiple chargers?
It depends on how many points you're installing and what else draws power on site; a handful of 7kW points is often manageable on an existing supply with load management software, while a larger fleet depot installation may need a supply upgrade from the local distribution network operator. This is worth checking with an electrician or installer at the quote stage, since a supply upgrade can add both cost and lead time to the project.
What deposit is needed for EV charger finance?
For hire purchase, most lenders ask for 10–20% deposit. Finance leases and operating leases often require no deposit, and some lenders offer close to 100% finance for workplace and fleet charging installations, particularly for established businesses with a clear supplier quote covering equipment and installation. Where a deposit does apply, it's usually calculated as a percentage of the total invoice including installation, not just the headline equipment price, so it's worth checking exactly what the quoted deposit is based on before comparing offers between suppliers or lenders.
How quickly can I get EV charger finance approved?
Most applications are approved within 24 to 48 hours once accounts and a supplier quote are provided. For deals under roughly £40,000, same-day approval is common. Larger fleet depot installations that depend on a network operator's supply upgrade may take longer overall, though that's usually a site works timeline rather than a finance approval delay. Providing a full set of recent accounts and a firm, itemised supplier quote at application stage generally speeds up the underwriting process, since most delays come from lenders chasing missing paperwork rather than from the credit decision itself.

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