Fund one van or a whole fleet through the company — with the VAT handled in step with your own returns.
Whole-of-market — 60+ lenders searched, including
Business van finance funds vehicles through the company rather than personally, which usually opens up better terms and keeps the van where it belongs in your accounts. We arrange van finance for business across 60+ UK lenders on hire purchase, finance lease and contract hire.
Agreements in the company name, on or off balance sheet.
Funded on the business rather than an individual.
Add vehicles as you win the work.
Structures that spread or defer the VAT.
Newly incorporated with director support.
Tippers, Lutons, refrigerated and welfare.
A van bought outright takes cash out of the business on the day you need it most. Finance spreads that cost across the years the vehicle is earning — the van generates revenue from week one, so it should be paid for out of the revenue it generates rather than your reserves.
Hire purchase puts the van on the balance sheet as an asset from the start, usually allows the VAT to be reclaimed up front where the van is used for business, and transfers ownership with the final payment. Finance lease funds the depreciation rather than the full value, so payments are lower and VAT is typically spread across the rentals. Contract hire hands the disposal risk to the lender for a fixed monthly cost.
Growing a fleet does not have to mean a separate application each time. We can arrange a facility that lets you add vehicles as you win work. We recently sourced and funded seven vans for a Yorkshire installer — around £210,000 over 60 months on hire purchase, structured with the VAT deferred so it was not payable up front.
A newly incorporated company has no filed accounts, and some lenders stop there. Others look at the directors’ track record, contracts in place and a director’s guarantee. Being new changes which lenders are appropriate, not whether the van is fundable.
See also: van finance generally, or finance lease vs hire purchase to choose a structure.
One quick conversation about the asset and how the repayments need to work.
As an independent broker we find the right structure and rate — not one lender’s products.
Indicative decisions in as little as 24 hours, then we manage it through to payout.
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.
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.
Real agreements, written up in full — what the business wanted, what the lenders said, and what it cost. Amounts are rounded and no customer is identified.
Fleet & VAT · Limited Company
Seven vans working, £210,000 funded over 60 months, the VAT handled in step with the company’s own returns, and the vehicles owned outright at the end of the…