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Commercial Vehicle Financing

Financing for the vehicles that keep your business moving — trucks, vans, or specialty vehicles — with the vehicle typically securing the loan.

Financing for vehicles used in business — vans, trucks, fleet cars and specialist vehicles.

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Who it's for

Businesses that need vehicles to trade, from a single van to a fleet.

How it works

  1. 1The vehicle secures the financing.
  2. 2Terms commonly run 3 to 7 years depending on the vehicle.
  3. 3New and used both finance, though used may carry a shorter term.
  4. 4Fleet arrangements can cover several vehicles under one facility.

What to watch out for

Insurance, maintenance and fuel usually cost more than the finance payment. Budget the whole running cost, not just the instalment.

At a glance

  • Financing for a single vehicle or a fleet
  • Vehicle typically serves as collateral
  • Terms matched to the vehicle's useful life
  • For owner-operators and fleet businesses alike

Commercial Vehicle Financing

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