Medium van finance
The size most trades actually need — big enough for a full day of materials, small enough for a residential street — funded new or used.
Whole-of-market — 60+ lenders searched, including
Can you finance a medium van?
Yes. Medium vans are the single strongest category in the light commercial market and lenders like them for exactly that reason: the used demand behind a Transit Custom, Vivaro or Trafic is deep enough that a funder is confident about recovering value. That confidence usually translates into a wider choice of lenders and a smoother decision than you get on specialist bodywork. Used examples are readily fundable. Where people come unstuck is ex-fleet mileage — a three-year-old van with very high motorway miles can be valued well below the asking price, and the funder lends against its figure, not the advert.
Used kit: Yes, and this is the used category lenders are most comfortable with — several-year-old medium vans are funded routinely, with mileage mattering more than age.
Get a quoteor call 0333 772 4864
What would a medium van cost per month?
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 may 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.
How lenders treat it
This is the easiest part of the LCV market to place, so the conversation shifts from whether anyone will fund it to which structure serves you best. Almost the whole panel writes medium vans, including funders who are fussy elsewhere. Limited companies with two or more sets of accounts have the run of the market; sole traders are fine; new starts are workable with a deposit or a homeowner behind the deal. The real underwriting attention goes on mileage and provenance. Ex-rental and ex-parcel-network stock is discounted because of how it has been driven. A dealer invoice is expected. Applications that fail here are usually private purchases, imported vehicles with no UK service history, or a valuation that will not stretch to the price agreed.
Makes and models we fund
Examples of the machines we are asked to fund. This is not an exhaustive list — if what you are buying is not here, it does not mean we cannot fund it. Your supplier quote is what the agreement is written against.
| Machine | What it is |
|---|---|
| Ford Transit Custom L2H1 | Medium panel van, the trade default |
| Vauxhall Vivaro L2H1 | Value medium van for fleets |
| Renault Trafic LL30 | Long medium van for tools and stock |
| Toyota Proace Medium | Medium van with long warranty cover |
| Nissan Primastar L2H1 | Medium van for mixed trade work |
| Volkswagen Transporter T6.1 | Medium van with strong residuals |
| Peugeot Expert Professional | Medium van with low load height |
| Citroen Dispatch XL | Long medium van for courier work |
| Fiat Scudo | Medium van for light commercial use |
| Ford Transit Custom Trail | Medium van with all-wheel traction |
Get a quoteor call 0333 772 4864
Who buys one
Plumbing and heating firms, kitchen fitters, alarm and CCTV installers, and small logistics operators who have outgrown a compact van but do not want the parking and fuel penalty of a Sprinter. Commonly a limited company running two to five vehicles that replaces one van a year on a rolling basis. The trigger is often a van hitting the mileage where the warranty has run out and the first big bill has landed.
Get a quoteor call 0333 772 4864
We publish the deals we arrange, with no client named and no rate quoted. See what we have funded in vans and fleet.
How it is treated for tax
Bought on hire purchase, business plant and machinery normally qualifies for capital allowances on the full cost even though you pay for it monthly, which is a large part of why hire purchase is the common structure. On a finance lease you generally set the rentals against profit instead. The rules change between budgets and your position depends on how you trade, so treat this as the direction of travel and get your accountant to confirm the detail before you commit.
Medium van finance questions
What counts as a medium van?
Roughly the Transit Custom class — bigger than a Caddy or Combo, smaller than a Sprinter or Boxer. Usually around three metres of load length in short wheelbase form, a payload around a tonne, and a height that still clears most multi-storey car parks. It is the default choice for most trades.
Is high mileage a problem for van finance?
It is a valuation issue more than a credit one. A lender will lend against what the van is worth, and very high mileage pulls that figure down. If the price you have agreed is above the funder valuation you may need to cover the gap. We flag this before you commit to a deposit.
Can I finance an ex-fleet or ex-rental van?
Yes, and they are often good value with full service history. Lenders apply a discount to ex-rental and parcel-network stock because of how hard those vans work, so expect the valuation to be conservative. Buying from a reputable remarketing dealer rather than a raw auction makes it far easier to place.
Should I choose hire purchase or a lease for a medium van?
It depends on whether you keep vans long term. Hire purchase suits operators who run a van until it is worn out and want to own it. A lease can suit businesses that change vehicles on a cycle and want a predictable handover. We will talk through the trade-offs for how you actually work.
Can I add signwriting and racking to the finance?
Often yes, if it is invoiced as part of the supply and forms part of the vehicle being funded. Racking and livery add no resale value, so lenders look at the total against the van worth. Getting one combined invoice from the supplier makes this much simpler.
Get a quoteor call 0333 772 4864
Also in van and light commercial finance
- First van finance for a new business
- Panel van finance
- Small van finance
- Large van finance
- Luton van finance
- Box van finance
- Tipper van finance
- Dropside van finance
- Crew cab van finance
- Refrigerated van finance
- Electric van finance
- Welfare van finance
- Recovery truck and tow truck finance
- Pickup truck finance
- Minibus finance
- Wheelchair accessible vehicle finance
- Mobile workshop van finance
- Dog grooming van finance
- Coffee van finance
- Ice cream van finance
- Catering van and food truck finance
- Mobile valeting van finance
- Curtainside van finance
- Van conversion finance
- Ex-lease van finance
- Van fleet finance
- Van refinance
- Long wheelbase van finance
See everything we fund in van and light commercial finance →
Not an offer of finance. All finance is subject to status, affordability and lender approval.
Van buying guides
We are a broker, not a dealer — we have no stake in which van you choose. These are written on that basis.
- Ford Transit vs Mercedes Sprinter: which is right for your business?
- Transit Custom vs Volkswagen Transporter: how to choose
- Vauxhall Vivaro vs Renault Trafic: what actually separates them
- Ford Transit Connect vs Volkswagen Caddy: the small van decision
- Best vans for electricians: how to choose
- Best vans for carpenters and joiners: how to choose
- Best vans for plumbers and heating engineers: how to choose
- Van payload explained: how to avoid buying a van that is illegal when loaded
- Low roof vs high roof vans: which do you actually need?
- What licence do you need to drive a van in the UK?
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.