Specialist Vehicle Conversions Finance
The number of specially converted vehicles on UK roads is at an all-time high and, given businesses’ focus on efficiency and productivity, this is only going to increase further.
Given how bespoke these vehicles are, it has historically been tricky to fund them, meaning businesses have had to pay large deposits. This has changed in recent times, with lenders adopting a much more commercial view and an increased willingness to fund with little or no deposit.
Finance Options for Vehicle Conversions
Asset finance is often used to purchase vehicles that have already been converted, or to purchase a standard vehicle and carry out a conversion. It’s usually cheaper than business loans as the security is in the vehicle(s) being financed. Asset finance can also attract significant tax advantages. Origin will finance any new or used vehicle, including conversion, at a cost of £10,000 upwards.
Our range of products spreads the cost of specialist vehicle conversions, including recovery trucks, mobile catering vehicles, private ambulances, funeral vehicles, broadcasting vehicles, and refrigerated vans, without tying up valuable working capital.
Are high upfront costs preventing you from funding the vehicles your business needs? Distributing payments over a period of time could help significantly – explore our funding options today.
How Does Vehicle Conversion Finance Work?
No matter the type of conversion or number of vehicles you need, we partner with a panel of over 120 lenders to provide the right financial solution. Origin can make payment to any supplier(s) of your choice and fund the purchase over a period of between two and seven years.
Specialist vehicle conversion finance is a quick and easy option for business owners. A conversion usually consists of multiple suppliers, each with their own payment terms. Our finance experts will liaise with your suppliers and handle the agreed stage payments, so you can focus on your business.
Vehicle Conversion Finance Key Points
Vehicle conversion finance is a turnkey solution that covers the entire conversion.
A deposit is not required, and you can make overpayments or settle at any stage.
Vehicles can be new or used with no age restrictions.
Commercial vehicle finance can be spread over 2 – 7 years.
The lender makes payment directly to the supplier(s) of your choice.
Origin is a finance broker, and we will pair you with the most suitable lender on our panel.
Specialist Vehicle Conversion Finance FAQs
Can I fund used vehicles with vehicle conversion finance?
Can Origin cover the entire cost of a vehicle conversion?
Can you get finance for vehicle conversions?
How do I know whether I’m eligible for vehicle conversion finance?
What different finance solutions does Origin offer?
What type of finance is best for vehicle conversion?
Finance for vehicles
What different commercial vehicles can Origin help to fund?
We offer funding solutions for commercial vehicles of all shapes and sizes, across a multitude of sectors.
