Compare business car finance options today to help your company find funding for cars, vans or other commercial vehicles.
Looking through a range of options gives you more chance of securing a great deal. You'll only find results from genuine companies. Our data experts check each company before we add them to our comparisons.
1
Prepare a business plan
Calculate how much money you want to borrow and how long you need to pay back the loaned amount plus interest. If you can, include a deposit as this will decrease the overall cost.
2
Compare your options
Have a look through the options to find the best vehicle finance for your business needs. Check any conditions attached to the loan, because criteria can vary across different products.
3
Apply for the loan
While banks offer commercial finance options, some lenders and brokers only operate digitally so comparing quotes on the internet is a must to find the best deal. Once you’ve decided on the provider you want, simply apply.
Business car finance helps you obtain new wheels for your company. There are four main types of vehicle finance:
Contract hire
Your business hires a vehicle from the finance company for a set time and pays a fixed amount. Contract hire may come with an agreed mileage limit.
Hire purchase
Your business hires a vehicle and has the option to buy it outright at the end of the term. You normally have to put down a deposit at the start and stay within a mileage limit.
Finance lease
Your business leases a vehicle but owns it from the outset.
Standard loan
Your business borrows the cash and uses it to buy the vehicle up front, with no mileage restrictions or other conditions.
Choose the type of finance that best suits your business and then get quotes to find the cheapest option.
Another option is asset finance, where the lender purchases your chosen vehicle on your behalf, then you pay them back.
You can get finance to buy a wide range of business vehicles, including:
cars
vans
tractors
buses/coaches
HGVs
Use our comparison to find the best vehicle finance. It includes commercial vehicle finance companies and other lenders. Find the deals that meet your needs and from those select the one which offers you the best price overall.
If you want to take your business to the next level but don’t have the funds to do so, you could consider getting a business loan.
Find out how to get a business loanWith the right type of borrowing you could pursue business opportunities that would otherwise pass you by, here's how.
Read more on borrowing for your businessIf you need funds to help your business grow or expand, a business loan could offer the solution you need. Here is how they work and how to get the right loan for your business.
More on how business loans workComparing business loans could save you money. Our multiple award-winning comparison service makes sure you get the lowest rates possible based on your individual circumstances. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators so to help you make life's most important decisions and take control of your money.
Our full guide to sacking the boss and starting out on your own - from finding a unique business idea, to getting the money to fund it all the way through to secrets and tips from people who've made it themselves.
We have always aimed to provide the best possible services to bridge the gap between our users and our clients. Over the years, we have been thrilled to be recognised by various prestigious bodies and organisations for those efforts.
Last updated: 27 May 2022
