Do you offer options for vehicles and fleets, including EVs and specialist vehicles?
Yes — we help UK businesses find finance for cars, vans, HGVs, EVs and specialist commercial vehicles
In short, yes. Best Business Loans connects established UK companies with lenders and brokers who offer finance options for vehicles and fleets — including electric vehicles (EVs), hybrids, light commercial vehicles (LCVs), HGVs, and a wide range of specialist and bespoke vehicles.
We do not lend directly. Instead, our AI-powered platform matches your needs to relevant providers, so you can compare routes like hire purchase, leasing, refinancing and fleet funding in one simple process.
Every introduction is free to request, with no obligation. Finance is always subject to provider criteria, credit checks and terms.
What types of vehicles can we help you explore funding for?
Typical assets include cars, vans, pickups, minibuses, welfare vans, refrigerated units, and last‑mile delivery vehicles. We also see demand for refuse trucks, plant support vehicles, access platforms, horseboxes, agricultural tractors and telehandlers.
We can signpost options for EVs and hybrids across passenger and commercial classes, including charging infrastructure as part of a broader facility. Used, high‑mileage, and specialist conversions may also be considered by some providers.
If you operate in asset‑heavy sectors like construction, logistics, manufacturing or field services, our matching can be particularly effective because providers in our network are actively lending to these profiles.
Important note on scope and fairness
Best Business Loans is an independent introducer. We help you find providers; we do not provide financial advice, make credit decisions, or guarantee approval or rates.
We currently do not support start‑ups, sole traders, franchises, property finance or commercial mortgages. Business finance is for established limited companies and other eligible corporates only.
All information is intended to be clear, fair and not misleading, to help you make an informed choice.
The vehicle and fleet finance options you can compare through our network
Our platform helps you explore multiple structures so you can balance cost, ownership, tax treatment and operational flexibility. Below is a plain‑English overview of the most common options business users ask us about.
Availability, pricing and eligibility differ by provider, asset class, and your business profile. You decide which route — if any — is right for you.
Providers may offer fixed or variable rates, with repayment profiles tailored to cash flow and asset life.
Hire Purchase (HP)
HP spreads the vehicle cost over a fixed term, with ownership transferring after the final payment (and any option fee). Deposits are common, but some lenders offer low‑deposit facilities subject to status.
HP is often used for businesses wanting to own the asset at term end, including EVs and specialist vehicles with longer useful lives. Balloon or deferred payments may be available to lower monthly outgoings.
Tax and VAT treatment varies by asset type and use; speak to your accountant for personalised advice.
Finance Lease
Finance lease allows you to use the vehicle for a fixed term with rentals that reflect the asset’s depreciation. You do not automatically own the asset; there is often an option to extend or share in sale proceeds after the primary term.
Finance lease can be suitable for vans, trucks and specialist assets where off‑balance‑sheet treatment may be desirable under your accounting policies. Some providers offer seasonal, staged or mileage‑aligned rentals.
VAT handling differs for cars versus commercial vehicles. Always confirm treatment with your accountant.
Operating Lease and Contract Hire
With operating lease or contract hire, you rent the vehicle for an agreed term and mileage, usually with maintenance options. You simply return the asset at the end, avoiding residual value risk.
This can help standardise a fleet, improve uptime, and simplify budgeting, especially for EVs with fast‑moving technology cycles. Flexible add‑ons can include tyres, servicing, breakdown, and replacement vehicles.
Providers may offer pooled mileage for fleets and duty‑cycle‑based terms for intensive use.
Refinancing and Release of Equity
If you already own vehicles outright or hold equity in financed assets, some lenders can refinance them to release working capital. Terms depend on age, condition and resale channels.
This can be a way to improve liquidity, consolidate facilities or fund upgrades without adding unsecured debt. Providers will assess asset valuations and your business performance.
Early settlement costs on existing agreements may apply. Review the full cost and any fees before proceeding.
Funding EVs and green fleets — from cars and vans to chargers
Many providers in our network actively support electrification, including battery EVs, plug‑in hybrids (PHEVs), and fleet charging solutions. Structures are designed to track predicted residual values and evolving duty cycles.
Some lenders also support charging infrastructure finance as part of a wider vehicle programme, including depot AC/DC chargers and power upgrades. Bundled service plans may be available on EV contract hire.
Availability can change as technology and energy markets evolve. We’ll match you to providers active in this space today.
EV‑specific features you may be able to compare
- Contract hire with maintenance to stabilise total cost of ownership
- Battery health and residual value assumptions aligned to your mileage
- Seasonal or stepped rentals to reflect deployment or grid timing
- Options for on‑site charger financing as part of a wider facility
- Telematics and fleet optimisation add‑ons via selected partners
We can also signpost providers who understand range planning, charging patterns, and real‑world EV utilisation. That can reduce downtime and improve driver adoption.
For mixed fleets, providers may blend EVs with ICE vehicles during transition to balance operational risk.
Grants, taxes and regulatory context
Government incentives, grants and rules change frequently. Examples include the Plug‑in Van and Truck Grants and workplace charging support, administered through OZEV on GOV.UK.
Businesses should review current guidance from official sources and consult professional advisers on tax, capital allowances and VAT. You can read more at GOV.UK and HMRC for up‑to‑date rules.
Our role is to connect you with providers; we do not provide tax advice or guarantee eligibility for incentives.
Check Your Eligibility Instantly
Specialist and bespoke vehicles — sector‑savvy funding options
Specialist vehicles often require lenders who understand unique residual values, compliance standards and duty cycles. Our network includes providers with experience across multiple niches.
Examples include tippers, cranes, municipal vehicles, refrigerated vans, concrete mixers, recovery trucks, welfare units and bespoke conversions. Some lenders can consider older assets if condition and resale channels are clear.
Quoting for highly specialised assets may require detailed specifications, build stages, and supplier quotations. Your Quick Quote helps us route your enquiry appropriately.
Industry‑specific considerations we often see
- Build‑stage or stage‑payment funding for conversions and bodywork
- Residual value modelling for niche secondary markets
- Compliance with refrigerant, waste, ADR, Type Approval or PSV rules
- High‑mileage or harsh‑environment usage impacting term and maintenance
- Insurance, warranties and uptime guarantees from OEM or bodybuilder
For manufacturers, fabricators and field‑service operators, vehicle funding can link to equipment finance or broader asset packages. Lenders may view the whole operational estate when assessing affordability.
If you operate in engineering or manufacturing and need vehicles alongside plant or machinery, see our guide for engineering business finance options to explore related routes.
Used, high‑mileage and cross‑border purchases
Many providers will consider used vehicles, subject to age, mileage and provenance limits. Independent inspections may be required for older assets or imports.
Cross‑border purchases can be supported if documentation, VAT and compliance checks are in order. Your broker or lender will confirm what they need to proceed.
Always compare the full cost of finance with expected residuals, especially on niche assets.
Get Matched to Specialist Vehicle Lenders
What lenders and brokers typically look for
While each provider has its own criteria, most will assess business stability, affordability and the asset’s resale profile. Being prepared helps you move faster and improves the quality of quotes.
Established trading history, clean filings and consistent cash flow can widen your options. If your profile is more complex, specialist brokers can help present your case credibly.
Below is a general checklist to help you get ready before you submit your Quick Quote.
Typical eligibility and assessment factors
- Legal entity and time trading (limited companies preferred)
- Latest filed accounts and recent management figures
- Bank statements and existing finance obligations
- VAT status and VAT treatment for cars vs commercial vehicles
- Vehicle details, quotes, and usage profile (mileage, routes, payload)
- Insurance, maintenance approach and driver policies
- Any build or conversion specifications and stage payments
Your credit file may be searched, and directors’ guarantees may be requested in some cases. Asset age, mileage caps and sector policies vary by lender.
If your business has had challenges, a broker introduction can still be useful; context and forward plans matter to underwriters.
Documents checklist
- Company information and ID for key individuals
- Vehicle quotes or pro‑forma invoices with full specs
- Three to six months’ business bank statements
- Latest accounts and management information
- Insurance details and maintenance plans (if applicable)
Providing clear documentation upfront can reduce back‑and‑forth and shorten decision times. It also helps lenders assess any EV charging needs or site works.
If you need a fast decision in principle, complete our Quick Quote and we will route your enquiry accordingly.
Submit a Quick Quote for a Decision in Principle
How our AI‑powered matching works — and FAQs
Our role is to make the search simpler, faster and more targeted. You tell us what you need, and we connect you to suitable providers who understand your sector and vehicles.
There is no obligation to proceed with any option introduced. You stay in control of your decision at every step.
Here is how the process works and what to expect next.
Simple steps to get started
- Complete a two‑minute Quick Quote with your vehicle and business details.
- Our system analyses your profile and routes you to relevant lenders or brokers.
- Speak with the provider(s), share documents, and compare their terms.
- Choose the route that fits your budget, mileage and operational needs.
It is free to submit an enquiry. Finance is always subject to status, credit checks and provider terms.
We aim to be transparent: we do not guarantee the lowest rate, but we do prioritise relevance and reliability.
Frequently asked questions
Do you support EVs and hybrids? Yes — you can be introduced to providers offering HP, lease and contract hire for EVs, PHEVs and charging infrastructure, subject to criteria.
Can I finance used or specialist vehicles? Often yes, if the asset meets age, mileage and condition limits and has a credible residual value. Specialist conversions may require detailed specs.
What about maintenance and tyres? Many contract hire and operating lease options can include maintenance, tyres and breakdown cover to stabilise costs.
Do you help sole traders or start‑ups? Not at present. Our service is for established UK businesses, typically limited companies and other eligible corporates.
Will applying affect my credit score? Providers may run credit searches. Ask your broker or lender how they assess applications before consenting.
Key takeaways
- We help you find vehicle and fleet finance options for EVs, LCVs, HGVs and specialist assets.
- Choose from HP, finance lease, operating lease/contract hire and refinancing, subject to status.
- EV‑ready providers can include chargers, maintenance and mileage‑aligned terms.
- Specialist vehicle funding requires sector understanding — we match you accordingly.
- Submit a Quick Quote for a fast, no‑obligation introduction to suitable providers.
Updated October 2025. This content is general information, not advice. Always seek professional tax and accounting guidance for your circumstances.