Commercial Vehicle Finance for Transport
Commercial vehicles are the core assets of any transport business. Vehicle finance lets you acquire and renew your fleet with manageable monthly payments rather than large capital outlays. From a single transit van to a fleet of articulated trucks, finance is available for every scale.
Transport operators can choose hire purchase (own the vehicle at the end), finance lease (return or purchase), or contract hire (full maintenance included). Each has different tax implications, so the right choice depends on your financial structure.
Key Benefits
- Fixed monthly costs for accurate contract pricing
- Renew fleet to meet emissions standards (ULEZ, CAZ, Euro 6)
- Hire purchase, lease, and contract hire options
- Fleet agreements for multiple vehicles with single paperwork
Frequently Asked Questions
What types of vehicles can be financed?
Everything from 3.5t vans to 44t articulated trucks, plus trailers, refrigeration units, tankers, and specialist bodywork. Both new and used vehicles are eligible.
Should I choose hire purchase or lease?
Hire purchase gives you ownership and AIA tax benefits. Leasing keeps vehicles off your balance sheet and includes maintenance options. Discuss with your accountant for the optimal structure.
What about electric commercial vehicles?
Electric vans and trucks are eligible with potential green finance incentives. The Plug-in Van Grant and other schemes may reduce the amount you need to finance.
Can I finance the bodywork separately?
Yes. Specialist bodywork (tipper, curtainside, refrigeration, tanker) can be financed bundled with the chassis or as a standalone item installed on your existing vehicle.
Related Funding Options
Asset Finance for Transport & Logistics
Finance trucks, trailers, and fleet vehicles. Specialist asset finance for UK haulage and transport businesses.
Invoice Finance for Transport & Logistics
Release cash from haulage and logistics invoices to cover fuel, wages, and vehicle costs. Invoice finance for UK transport companies.
Unsecured Business Loans for Transport Companies
Working capital for UK haulage, courier, and logistics businesses. Fund fleet costs, licensing, and expansion without property security.
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Learn About Our Broker NetworkCoreFi is a trading name of JG Core Ltd (Company #16218779, England & Wales). CoreFi acts as a commercial finance broker and does not provide regulated financial advice. All products described are unregulated business-to-business finance. Information on this page is for general guidance only and does not constitute a formal offer of finance. Terms, rates, and availability are subject to lender criteria and may change without notice.