Small van finance

Compact vans for mobile engineers, couriers and anyone who needs to park in a city — funded without being told the deal is too small to bother with.

Get a quote Call 0333 772 4864

Whole-of-market — 60+ lenders searched, including

BarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP ParibasBarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP Paribas

Can you finance a small van?

Yes, small and car-derived vans such as a Transit Courier, Caddy or Combo are fundable, usually on hire purchase in the business name. The catch is not credit, it is size: a modest used small van can sit below some funders minimum advance, so the options that advertise loudly for van business will simply not quote. A broker matters here because the lenders who genuinely want smaller agreements are not the same ones chasing fleet work. Used stock is fine, though lenders watch how old the van will be when the final payment falls due.

Used kit: Yes. Used small vans are funded regularly, though because they start from a lower value lenders are stricter about how old the vehicle can be and will look closely at service history.

Get a quote or call 0333 772 4864

What would a small 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.

Amount to finance£25,000

Term48 months

Deposit0% · £0

Indicative flat rate

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.

Estimated monthly payment

£646

over 48 months

Amount financed£25,000

Total repayable£31,000

Cost of finance£6,000

Equivalent APR11.5%

Get my exact rate

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

These are small-ticket agreements, and that changes who will look at them. Several mainstream asset funders set a floor on advance size and will pass regardless of how good the customer is, so placement is about knowing which lenders actively write this end of the market. Resale is decent — compact vans sell readily — but the absolute value is low, which means a funder recovers less if things go wrong and therefore leans more on the applicant. Sole traders and new starts are common here and are perfectly placeable with a deposit. Declines usually come from a very thin credit file with no deposit, or a van old enough that it is close to worthless by the end of the term.

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 Courier	Compact van for couriers and tradespeople
Ford Transit Connect L1	Small van with car-like driving
Volkswagen Caddy Cargo	Small van with strong resale value
Vauxhall Combo Cargo L1	Practical small van for parts delivery
Citroen Berlingo Van	Small van with good load length
Peugeot Partner Van	Compact van with three-seat cab option
Renault Kangoo Van	Small van for urban multi-drop
Toyota Proace City	Small van with long warranty cover
Fiat Doblo Cargo	Value small van for light loads
Maxus eDeliver 3	Small electric van for city rounds

Get a quote or call 0333 772 4864

Who buys one

Mobile locksmiths, domestic gas engineers, sandwich rounds, pet care and courier subcontractors working city routes where a full-size van is a liability on parking and fuel. Often a first business vehicle bought by somebody who has just gone self-employed, or a second run-around added alongside a bigger van so the owner stops using the Transit for small jobs. The trigger is frequently a new contract that specifies a vehicle rather than a car.

Get a quote or 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.

Small van finance questions

Is a small van too cheap to finance?

Not with the right lender, but it is a real obstacle with the wrong one. Some funders have a minimum they will advance and will decline purely on size. We place smaller agreements with lenders who want that business rather than wasting your credit file on a lender who never had appetite.

Can I finance a car-derived van in my own name?

Vans are funded for business use, so the agreement is normally in your trading name as a sole trader or in the company name. If the vehicle is genuinely for personal use, that is a different product and different rules apply. Tell us the real use and we will point you the right way.

Do I need a deposit for a small van?

Not always, but on lower-value agreements a deposit noticeably improves the odds, especially for a new business. It reduces the lender exposure and shows commitment, which matters more when there is less value in the vehicle to fall back on. We will tell you honestly whether putting something in will change the answer before you apply rather than after a decline.

Can a brand new business get a small van?

Often yes. New starts are common at this end of the market. Lenders will want to see who is behind the business, a clean personal profile, and ideally a contract or evidence of where the work is coming from. A deposit helps a great deal.

What if I want to upgrade to a bigger van later?

That is normal. Many customers start compact and move up within a couple of years. If the agreement is hire purchase, you can settle it and part-exchange, or in some cases we can restructure around the new vehicle. Tell us the plan early and we will pick a structure that does not trap you.

Get a quote or call 0333 772 4864

Also in van and light commercial 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.

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.