How to finance commercial vehicles for your business

Commercial Vehicle Finance isn’t just for cars, vans, and HGVs. It covers a huge range of vehicles, including specialist vehicle conversions such as coffee vans or promotional tour buses. From tradespeople to large haulage companies and taxi operators to mobile food vendors, vehicles can be the single most important asset that a company can own (and some businesses simply wouldn’t exist without them). How to finance commercial vehicles for your business from Origin Finance business brokers in the UK.

How to finance commercial vehicles for your business from Origin Finance

They can also represent an expensive initial outlay, especially if multiple vehicles are needed for a fleet operation. That’s why many look for external finance to support their vehicle purchases, to help get their business off the ground, replace existing vehicles, or fund the expansion and growth of their operations. Fortunately, Commercial Vehicle Finance is available – and many business owners would be surprised at the flexibility this type of finance can provide, allowing for the purchase of almost any type of vehicle. In this article, we give an overview of commercial vehicle finance to help businesses understand the options available to them.

commercial vehicles

What is Commercial Vehicle Finance? 

Commercial Vehicle Finance covers various finance products, such as operating leases, finance leases, and hire purchases. These allow businesses to buy vehicles such as vans, cars, and lorries. Vehicles can be new or second-hand, and you can select your own preferred supplier (including private sellers).

The main advantage is that it allows businesses to buy the vehicles they need without a total upfront cost. Instead, payments can be spread monthly over a number of years, depending on your budget requirements.

What industries can use Commercial Vehicle Finance? (H2)

One of the great things about Commercial Vehicle Finance is that its application is so broad that it can be used in virtually any industry. Example industries include:

…but this list is by no means exhaustive. If your business ambition requires a vehicle of some kind, commercial vehicle finance is very likely to be able to fund that purchase.

What types of vehicles can be purchased with Commercial Vehicle Finance? 

Commercial Vehicle Finance can be used for so much more than traditional cars and lorries. Below, we’ve put together a list of example vehicles that can potentially be purchased on finance:

  • Company cars
  • Taxis
  • Delivery motorbikes
  • Vans
  • Coaches
  • Tip lorries
  • Tractors
  • Combine harvesters
  • Crop sprayers
  • ATVs (all-terrain vehicles)
  • Golf carts
  • Vacuum tankers
  • Refrigerator lorries
  • Food vans
  • Tankers
  • Buses & minibuses
  • Rubbish lorries
  • Heavy goods vehicles (HGV)
  • Large goods vehicles (LGV)
  • Tractor units

While this list is long, it’s also not exhaustive. No matter how niche your vehicle needs, there’s likely a finance solution that will cover your requirements.

Does Commercial Vehicle Finance cover conversions and renovations? 

Yes, Commercial Vehicle Finance can help pay for the work needed to convert and renovate a vehicle, such as turning a van into a food van. It can cover both the vehicle purchase itself and the conversion work (even if the work is from separate suppliers). Other examples include:

  • converting a double-decker bus into a promotional bus
  • renovating a classic car for a wedding hire business
  • adding branding to your vehicle
  • fitting racking and storage to a commercial van
  • installing a mobile toilet into a welfare bus
  • installing refrigerators into a lorry 
  • adding beacons, strobes, lights, and alarms to a maintenance vehicle
  • reupholstering seating and updating AV equipment for a coach

Can I use Commercial Vehicle Finance to purchase a second-hand vehicle? 

Yes, Commercial Vehicle Finance can be used to buy used vehicles. This can be a useful way to lower overall costs and meet your budget.

How can Origin Finance help? 

We’re here to help get your business on the road.

It’s often the case that the best funding solution depends heavily on your circumstances, such as the deposit you can afford, how you plan to use your vehicle and how long you need it for. 

As such, it’s worth speaking to a member of our team as soon as possible so that we can help you to avoid any expensive mistakes when it comes to finding the right financial package for you.

How to finance commercial vehicles for your business


Our team of experts has a long history of securing funding for commercial vehicle purchases, and we have access to over 100 vehicle finance lenders. We can give you access to a wide range of financial options, and we don’t charge for our services as we are directly renumerated by the lender.

Get in touch for a free, no-obligation quote today.

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1 thought on “How to finance commercial vehicles for your business”

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