Vehicle Finance

Affordable finance for business vehicles.

1

Complete the form

Answer a few questions for us to understand your business' needs

2

We compare 100+ lenders

We will advise which options could be suitable for your business

3

You choose the offer that best suits you

We'll present any offers available for your business. You choose the one that best suits your business.

Apply Now

Please note the minimum requirement is £5,000.

Compare Now
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

What is Vehicle Finance?

Vehicle finance is a tailored funding solution designed to help businesses acquire vehicles without the need for significant upfront capital. Whether you're running a small enterprise or managing a large operation, vehicle finance provides a flexible and manageable way to secure essential transport assets.

Types of Vehicle Finance

There are various types of vehicle finance solutions available, each suited to different operational requirements. These include finance for company cars, taxis, vans, lorries (HGVs), fleet vehicles, and electric vehicles. Each category addresses specific needs, such as emissions compliance for electric fleets or heavy load capacity for lorries. There are many ways you can finance them.

Choose the Asset

Select the equipment, machinery, or vehicle you need.

Find a Lender

Compare providers to find the most competitive rates and terms.

Agree Terms

Choose the finance type and term length (typically 1 to 7 years).

Monthly Payments

Make regular repayments based on the agreement.

End of Term

Depending on the type of finance, you may own the asset, return it, or extend the lease.

Compare Asset Finance Deals Today

At Compare Asset Finance, we make it easy to compare a full range of asset finance options from top UK lenders.

Whether you're looking for hire purchase agreements, finance leases, equipment loans, vehicle finance, machinery funding, or any other type of asset finance, our specialised partners, expert business finance brokers, help you find the best deal for your business, saving you time, money, and hassle.

Compare now

Quick online quotes

Transparent fees and terms

Wide range of finance providers

No-obligation comparisons

Benefits of Vehicle Finance

The benefits of vehicle finance are numerous. It allows businesses to preserve working capital, access modern and fuel-efficient vehicles, and improve tax efficiency. Many finance options come with fixed monthly payments, making budgeting easier, and some may include maintenance packages to reduce unexpected costs.

Things You Need to Know

Vehicle finance is ideal for companies that need to maintain a professional image, meet delivery demands, or transport staff and goods efficiently. It's especially useful for logistics firms, taxi operators, tradespeople, and service providers.

It's important to understand the terms of your finance agreement, including interest rates, contract length, mileage limits (if applicable), and end-of-term options such as balloon payments or vehicle ownership.

FAQs

What credit score is needed for vehicle finance?

A good credit score improves your chances, but options are available for varied credit histories.

Can I finance multiple vehicles at once?

Yes, fleet finance options are available for bulk vehicle purchases.

Is vehicle insurance included?

Typically not; you'll need to arrange insurance separately.

What happens at the end of the finance term?

Depending on the agreement, you may own the vehicle or return it.

Can I upgrade during the finance period?

Some agreements allow upgrades, especially with fleet finance.

Disclaimer: Compare Asset Finance helps UK firms find the right finance credit broker for access to business finance. Compare finds credit brokers, not lenders. Any quotes provided are for information purposes only and subject to status and separate lender terms and conditions. Applicants must be aged 18 and over.  Guarantees and Indemnities may be required.  

This website is operated by Spark Finance. Spark Finance Ltd (Registered office - 18 John Stow House, London, England, EC3A 7JB, Registered Number 10128297) helps UK firms access business finance. Spark is a credit broker, not a lender. Any quotes provided are for information purposes only and subject to status and separate lender terms and conditions. Applicants must be aged 18 and over.  Guarantees and Indemnities may be required.  Spark Finance may receive commission from lenders  which may vary depending on the lender, product, or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.

Spark Finance Ltd is authorised and regulated by the Financial Conduct Authority in the UK (FRN 958123).