Equipment finance: vehicle & HGV fleet finance in the UK — do our partners provide it?

Need vans, trucks or HGVs for your business? UK Business Loans helps UK companies find vehicle and HGV fleet funding by matching you with specialist lenders and brokers. Whether you need a single van on hire‑purchase or finance for a large mixed HGV fleet, our partners offer a wide range of solutions. Complete a short enquiry for a Free Eligibility Check and fast, no‑obligation quotes. Get Quote Now

Important: UK Business Loans is an introducer — we do not lend or provide regulated financial advice. We connect you with FCA‑regulated brokers and lenders who may contact you following an enquiry. The enquiry form is not an application; it only provides information to help us match your business to suitable lenders/brokers.

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Quick answer

Yes. UK Business Loans’ partners offer vehicle and HGV finance for business fleets across the UK. Through our introduction service you can be matched with brokers and lenders providing hire purchase, lease purchase, finance lease, operating lease (contract hire), sale‑and‑leaseback, asset refinance and specialist HGV funding packages. Options typically suit fleet purchases from around £10,000 and up. For a personalised look at your options, complete a short enquiry for a Free Eligibility Check.

Who provides vehicle & HGV finance via our network?

Our network includes a variety of finance providers and intermediaries so you get access to specialist knowledge and competitive options quickly:

• Specialist commercial vehicle lenders focusing on vans, rigid trucks and articulated HGVs.
• Independent finance brokers who place deals across multiple lenders and leasing houses.
• High‑street and challenger banks with commercial vehicle divisions.
• Manufacturer / OEM finance arms (useful for new vehicle deals and manufacturer warranties).
• Leasing and contract hire companies offering fleet packages with maintenance and telematics.

Partners are selected for experience in commercial vehicle and fleet funding; many specialise in sectors such as logistics, construction, utilities and refrigerated transport. To learn more about equipment options more broadly, see our guidance on equipment finance.

Types of vehicle / fleet finance available

Hire Purchase (HP)

How it works: deposit (often 0–20%), fixed repayments over an agreed term, business becomes owner when the final payment is made. Typical terms: 24–60 months for vans; up to 60–72 months for trucks/HGVs.

Best for businesses that want to own vehicles at the end of the term and prefer straightforward repayment schedules.

Lease Purchase (LP)

How it differs: similar to HP but often includes a balloon (final lump‑sum) payment to reduce monthly costs. Ownership transfers on payment of the balloon.

Good for conserving monthly cashflow while keeping the option to own the asset.

Finance Lease

Lender holds the asset and rents it to the business for most of its working life. At the end of the contract there may be a residual value to settle or options to refinance/return.

Often chosen where the business wants to treat the vehicle as an operational asset rather than owning it outright. Tax treatment varies; speak with an accountant or the lender for specifics.

Operating Lease / Contract Hire

These are effectively rental agreements where the vehicle remains off your balance sheet (subject to accounting rules). Contract hire commonly bundles maintenance, servicing and roadside cover, with mileage limits and return conditions.

Ideal for businesses that prefer predictable monthly costs and regular fleet refresh cycles.

Asset Refinance & Sale‑and‑Leaseback

If you already own vehicles, you can release cash by selling them to a funder and leasing them back. This provides immediate working capital while keeping operational use of the fleet.

Fleet Hire & Short‑term rental

Shorter terms (days to months) for temporary, seasonal or trial needs. Useful for peak demand or replacement vehicles during maintenance.

Specialist HGV lending

For articulated HGVs, bulk haulage or specialist bodies (refrigerated units, ADR tanks, crane bodies) lenders will often offer tailored packages that can include vehicle swapping, trailer funding, telematics/insurance integration and maintenance programmes.

Who is eligible and what lenders consider

Underwriting varies by lender, but common factors include:

• Business structure and age — established limited companies are often preferred.
• Trading history and turnover — evidence of consistent revenue helps.
• Credit profile — both business and sometimes director credit are considered.
• Fleet size, vehicle age and type — newer vehicles and proven asset values reduce perceived risk.
• Operational compliance for HGVs — valid operator licence (OPR), driver licences, VOSA/driver qualification evidence where applicable.
• VAT status and how VAT treatment should be applied to the finance agreement.

Documents typically requested: recent business bank statements, company accounts or management accounts, VAT returns (if applicable), proof of identity for directors, proof of vehicle specifications and valuations.

Specialist partners work with businesses that have limited trading history, adverse credit, or operate in higher‑risk sectors — though terms and deposit levels will reflect lender risk appetite.

How UK Business Loans helps

Here’s how our introduction process works — simple, fast and free:

1. Complete a quick enquiry (takes under 2 minutes).
2. We match your business to lenders and brokers in our panel with relevant fleet expertise.
3. Selected partners contact you with eligibility checks, questions and quotes.
4. Compare offers, ask for clarified T&Cs and choose a partner to progress to formal application.

We do not charge business owners — our service is free. We only share your details with carefully chosen partners to get you tailored, actionable quotes. Ready to compare options? Free Eligibility Check.

Practical examples & use cases

Fleet finance is rarely one‑size‑fits‑all. Here are anonymised examples that reflect typical outcomes:

• Courier operator (3 vans) — opted for hire purchase to own vehicles after 48 months, spreading cost and upgrading to Euro‑6 engines for cleaner operations. Result: improved reliability for peak season and predictable monthly payments.
• Haulage SME (6 HGVs) — used lease purchase with a maintenance package to reduce downtime and include fleet servicing. Result: lower in‑house admin and improved vehicle uptime.
• Construction firm — executed a sale‑and‑leaseback on owned plant and trucks to release capital for new contracts. Result: immediate cashflow boost while retaining operational vehicles.

Each case shows how the right product improves cashflow, spreads cost and aligns with business operational needs.

Costs, APR and fees — what to expect

Costs vary widely by lender, vehicle age, business credit profile and contract length. Expect the following possible charges:

• Interest / finance charge quoted as a rate or APR (APR comparisons are provided by lenders once you progress).
• Upfront fees: administration or documentation fees in some deals.
• Balloon / residual payments on lease purchase agreements.
• Operating costs: excess‑mileage charges, wear‑and‑tear, insurance and termination fees for contract hire.
• Optional add‑ons: maintenance, service packages, telematics, GAP insurance.

We do not provide quotes — after your enquiry our partner brokers and lenders will give personalised costs and APRs based on your details. Get Quote Now to see tailored figures.

Choosing the right lender or broker

When you get multiple offers, compare these factors:

• Total cost (not just monthly payment).
• Contract flexibility and early‑termination terms.
• Maintenance inclusion and service response times.
• Residual value assumptions and excess‑mileage policies.
• Insurance and telematics requirements.

We recommend obtaining at least two quotes to compare real terms. Use our introduction to get matched to relevant lenders quickly — Start your enquiry.

Frequently asked questions

Can I finance used HGVs and vans?

Yes. Many lenders fund used commercial vehicles, although maximum vehicle age, mileage and condition limits apply. Complete an enquiry to see lenders that specialise in used fleet finance. Start your enquiry to get tailored answers.

What if my business has limited trading history?

Some specialist brokers work with early‑stage companies, but you may face higher rates or larger deposits. Provide as much supporting information as possible to improve match quality. Free Eligibility Check.

Do you provide finance for trailers and specialist bodies (e.g., refrigerated units)?

Yes. Our partners commonly fund trailers, refrigerated bodies, ADR equipment and specialist conversions. Terms depend on asset type and age. Start your enquiry.

Will enquiries affect my credit score?

No. Submitting an enquiry via our service does not affect your credit rating. Lenders may perform credit checks later if you proceed to application. Get a Free Eligibility Check.

Can I include maintenance, insurance and telematics in my finance deal?

Many contract hire and lease packages bundle maintenance and other services. Speak to matched brokers about bundled options to compare total cost and service levels. Get Quote Now.

How quickly can I get funding and vehicles on the road?

Timescales vary: some lenders provide pre‑approval in hours and funding within days; bespoke HGV packages or used vehicle valuations can take longer. After enquiries, partners will advise realistic timings. Start your enquiry.

Do lenders require personal guarantees?

Depending on company size, credit profile and deal structure, personal guarantees or director security may be requested. Specialist funders sometimes offer non‑guaranteed options for qualifying firms. Find out what applies to your business.

Ready to explore vehicle & HGV finance for your fleet?

Complete our short enquiry (takes under 2 minutes) and we’ll match your request to lenders and brokers with relevant fleet expertise. There’s no obligation and no cost to you — just a fast way to get tailored, comparable quotes from the market. Free Eligibility Check — Get Quote Now.

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Small print: UK Business Loans is an introducer and is not authorised to provide regulated advice. We connect you with approved brokers and lenders; offers are subject to lender terms and credit checks. Submitting an enquiry does not affect your credit score. Our service typically arranges finance from approximately £10,000 upwards. For privacy, terms & conditions and cookie information please visit our site policies.

1. Can I get vehicle & HGV fleet finance through UK Business Loans?
Yes — UK Business Loans introduces you to FCA‑regulated brokers and lenders who provide vehicle, van, truck and HGV fleet finance across the UK.

2. What types of fleet finance are available (hire purchase, lease, contract hire)?
Our partners offer hire purchase, lease purchase, finance lease, operating lease/contract hire, sale‑and‑leaseback, asset refinance and short‑term hire options to suit different fleet needs.

3. Can I finance used vans, trucks, trailers or specialist bodies (refrigerated/ADR)?
Yes — many lenders in our network fund used commercial vehicles, trailers and specialist bodies, subject to age, mileage and condition criteria.

4. How much can I borrow for fleet or HGV finance and is there a minimum?
Most partners typically arrange vehicle and fleet finance from around £10,000 upwards, with facilities available up to much larger corporate limits depending on the lender.

5. Will submitting an enquiry through UK Business Loans affect my credit score?
No — completing our enquiry form does not affect your credit rating, although lenders may carry out credit checks later if you progress to application.

6. What eligibility criteria and documents do lenders usually require for vehicle/HGV finance?
Lenders commonly consider business structure, trading history, turnover, credit profile, vehicle type/age and operational compliance, and typically request bank statements, accounts, VAT returns and ID for directors.

7. How quickly can I get approval and funding for vehicle or HGV finance?
Timescales vary by lender and asset — some partners can provide pre‑approval within hours and funding within days, while bespoke HGV or used vehicle deals may take longer.

8. Can I include maintenance, insurance and telematics in my fleet finance agreement?
Many contract hire and lease packages bundle maintenance, servicing, insurance and telematics options — ask matched brokers for bundled quotes to compare total cost and service levels.

9. Will lenders ask for a personal guarantee or director security on fleet finance deals?
Depending on company size, credit history and the deal structure, lenders may request personal guarantees or director security, though some specialist funders offer non‑guaranteed options for qualifying businesses.

10. Is the enquiry form a formal application and does UK Business Loans provide regulated financial advice?
No — the enquiry form is only used to match your business with suitable brokers and lenders and is not a formal application, and UK Business Loans does not lend or provide regulated financial advice.