Business finance from £10,000 to £2 million — any sector

Asset & Equipment Finance

Commercial Vehicles

Vans, HGVs, trailers, specialist and fleet vehicles — funded on terms that match how your business earns.

Amount
£10,000 – £2m
Term
1–5 years
Decision
Within hours

What is commercial vehicle finance?

Commercial vehicle finance funds vans, HGVs, trailers and specialist vehicles through hire purchase, finance lease or contract hire. Repayments are fixed monthly and an optional balloon payment can lower them. Single vehicles and whole fleets, new or used, can be funded, including bodywork and conversions.

Last reviewed · PFC Commercial Finance

Key features

  • New and used vehicles, single or fleet
  • Hire purchase, lease and contract hire
  • Balloon payments to reduce monthly costs
  • Bodywork and conversions can be included

How it works

Tell us about your business and what you need. Your dedicated account manager compares commercial vehicles options from across our lending panel, prepares the application on your behalf and presents a clear, no-obligation quote. There is no impact on your credit score until you choose to proceed.

Who is it for?

UK limited companies, partnerships and sole traders in almost every sector — from start-ups to established businesses, including those with a less-than-perfect credit history.

Commercial Vehicles: common questions

What is a balloon payment on vehicle finance?

A larger final payment that reduces your monthly instalments. It suits vehicles that hold their value well, but you must plan to pay, refinance or sell at the end of the term.

Can I finance a used van or HGV?

Yes. Used commercial vehicles are commonly financed; the maximum term usually depends on the vehicle’s age at the end of the agreement.

Is contract hire different from leasing?

Contract hire is a type of operating lease where maintenance can be included and the vehicle is returned at the end, giving predictable fleet costs.

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£150,000
£10,000£2,000,000
36 months
6 months72 months
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Figures are illustrative only and are not a quote or an offer of finance. Actual rates depend on your circumstances, the lender and the product. Finance is subject to status and available to UK businesses only.