Taxi & Private Hire Vehicle Finance
Hackney, private hire and wheelchair-accessible vehicles — funded for self-employed drivers, including those without three years of accounts.
- Whole-of-market — 60+ lenders searched
- All credit histories considered
- Decisions in as little as 24 hours
Whole-of-market — 60+ lenders searched, including
Taxi finance is assessed differently from ordinary car finance, because the vehicle is a working asset doing motorway mileage rather than a family car. We arrange funding for hackney carriages, private hire vehicles and WAVs across a panel of 60+ lenders, including several who work specifically with self-employed drivers. We also arrange private hire car finance for PHV drivers and operators.
What you can fund
Every asset has its own page: how lenders treat it, what buyers specify, the questions people ask, and what we have actually funded.
| Asset | What it covers | Page |
|---|---|---|
| Hackney carriage | Funding for rank-licensed taxis, arranged around the plate your council issues rather than around a standard… | Read the guide |
| Black cab | Arranging funding for purpose-built London-style taxis, where the asset is specialist and the licensing regime is… | Read the guide |
| Private hire car | Funding for pre-booked private hire vehicles, placed with lenders who accept a PHV plate instead of… | Read the guide |
| Executive private hire car | Finance for premium saloons and estates run on corporate accounts, where presentation is part of the… | Read the guide |
| Wheelchair accessible taxi | Funding for accessible cabs and converted WAVs, arranged so the conversion work is covered alongside the… | Read the guide |
| Electric taxi | Funding for battery-electric cabs and PHVs, structured around a licensed working vehicle rather than a private… | Read the guide |
| Hybrid taxi | Funding for the hybrids that dominate UK private hire fleets, arranged with lenders who do not… | Read the guide |
| MPV taxi | Funding for six and seven seat people carriers plated for taxi and private hire work, where… | Read the guide |
| Eight seater private hire | Finance for the largest vehicles that still sit inside taxi licensing, used on group transfers, event… | Read the guide |
| Chauffeur car | Funding for chauffeur-driven cars where presentation is the product, mileage is modest and the asset value… | Read the guide |
| Airport transfer vehicle | Finance for the cars and people carriers that run airport transfers, where luggage capacity and reliability… | Read the guide |
| Taxi fleet | Funding built for operators running several plated vehicles, where the business rather than the driver is… | Read the guide |
| Owner driver taxi | Funding for the single self-employed driver buying their own plated vehicle, where the application stands on… | Read the guide |
| Used taxi | Funding for second hand plated vehicles, where the question is not how old the car is… | Read the guide |
| Taxi re | Raising capital against a plated vehicle you already own, or replacing an existing agreement with one… | Read the guide |
| Non emergency patient transport | Funding for the converted vehicles that move patients to appointments and discharges, where contract income and… | Read the guide |
Why taxi finance UK-wide is its own thing
A taxi covers three to five times the mileage of a private car and is replaced far sooner. Lenders pricing on standard car residuals get that wrong in both directions, which is why drivers are often quoted terms that make no sense — or declined outright by a lender who never funds private hire.
Going to the lenders who understand plated vehicles from the outset avoids that, and avoids the credit footprints that come from applying to the wrong ones first.
Self-employed drivers
Almost every taxi driver is self-employed, and many do not have two or three years of filed accounts — particularly new drivers or those who have recently gone independent. That narrows the lender list rather than closing it. Bank statements, licensing details and a deposit all help build the case.
Hackney, private hire and WAVs
We fund hackney carriages, private hire saloons and estates, and wheelchair-accessible vehicles. WAVs are converted vehicles with a narrower resale market, so they need a lender comfortable with conversions rather than one pricing a standard model.
Electric and hybrid taxis
Many licensing authorities are tightening emissions requirements, which is pushing drivers towards hybrid and electric vehicles ahead of their normal replacement cycle. The purchase price is higher but running costs are lower, and the funding can be structured so the monthly payment is offset by the fuel saving.
Plating, licensing and the first vehicle
The hardest vehicle to fund is the first one, before there is any trading history as a driver. Tell us where you are in the licensing process — several lenders will consider an application on the strength of a granted licence and a deposit.
How it works
Tell us what you need
One quick conversation about the asset and how the repayments need to work.
We search 60+ lenders
As an independent broker we find the right structure and rate — not one lender’s products.
You get funded
Indicative decisions in as little as 24 hours, then we manage it through to payout.
Estimate your repayments
Asset finance is quoted on a flat rate, so that is what the buttons show, with the equivalent APR beside it. Your exact rate depends on the asset, the term, the deposit and the lender.
Prime is an established, profitable business with clean credit. Specialist covers newer businesses and credit that needs explaining — the asset itself carries part of the risk, which is why finance is often available where an unsecured loan is not.
Representative example: on Hire Purchase, borrowing £25,000 over 48 months at a 5.15% flat rate (equivalent to 9.9% APR representative), you would repay around £628 a month; total amount repayable approximately £30,150, of which £5,150 is the cost of finance. This calculator is for illustration only — it is not a quote or an offer of finance, and the rate and repayments you are offered will depend on the asset, term, deposit and your circumstances. CW Asset Finance is a credit broker, not a lender, and will receive a commission from the lender that funds your agreement. All finance is subject to status, affordability and lender approval.
Rates shown are indicative flat rates with the equivalent APR alongside — the two are not the same number. Indicative only and does not constitute a quote or an offer of finance. Subject to status and lender approval.
Frequently asked questions
Can I get taxi finance if I am self-employed?
Can I finance a taxi as a newly licensed driver?
Do you finance wheelchair-accessible vehicles?
Can I get taxi finance with bad credit?
Can I finance an electric or hybrid taxi?
Do you cover my area?
Get your quote
Tell us what you’re looking to fund and Conor will come back to you personally — usually the same day.
Prefer to talk? Call 0333 772 4864 · serving Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire.
Machines we fund
160 machines named across 16 types of Taxi & private hire. This is not a restricted list — it is what we are asked for most often. If the machine you are buying is not here it almost certainly still funds: your supplier quote is what the agreement is written against.