BUSINESS VEHICLE
FINANCE

Tailored business car finance options to suit your unique business needs

Check Your Eligibility

What are my finance options?

Learn about our two main options to finance your vehicle.

Hire purchase

With a hire purchase agreement, you can acquire the vehicle your business needs while spreading the cost over time.

Fixed monthly payments over an agreed term
Preserve cash flow while gaining immediate access to essential equipment or vehicles
Flexibility on deposits and final lump sums for your business vehicle

Finance Lease

A finance lease arrangement provides you with the flexibility to use your vehicle without the burden of ownership.

Regular payments over an agreed term
Options to extend lease or purchase your business vehicle at the end of the term
Cost-effective way to access equipment or vehicles without tying up capital

Benefits of Business Vehicle Finance

Business car finance is a practical solution for companies looking to acquire and manage vehicles without large upfront costs.

Find the perfect vehicle to suit your business needs, from HGVs to taxis, and even emergency vehicles.

Cut upfront costs and keep your cash flow strong by financing your new business vehicle instead of paying all at once.

Tax deductible: finance leases and hire purchases are both liable to tax-deduction.

Competitive interest rates: benefit from affordable interest rates that make financing your commercial vehicles cost-effective.

Is your business eligible?

In most cases, to be eligible to apply for commercial vehicle finance through Approved, your business needs to:

Be based in the UK
Have a trading history of least 12 months

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Specific types of loans and associated rates can differ based on various factors, including:

Credit history
Business financials & revenue
Deposit amount
Type of business structure

Partnered

Lenders

125+

Funded For

UK Businesses

£500M

5-Star

Google Reviews

300+

Raised For

Partnered Charity

£110K

Why choose Approved Business Finance?

Discover our streamlined process for securing tailored financial solutions. We keep our business finance options transparent, with no hidden fees or unpleasant surprises. This is business finance made easy. Our no-obligation application won't impact your credit score.

01

Fast Application In Seconds

Share basic information about you, your business and finance requirements by applying online or calling.

02

Understanding Your Business

A dedicated account manager will discuss your requirements and gather necessary documentation.

03

Receive Your Free Quote

We'll discover the best deals, handle applications for you, and provide a quote with no obligations.

04

Get Your Funds Fast

Once approved, we'll get funds to your preferred business bank account or pay a supplier on your behalf.

Apply Now

Google Reviews

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Other Approved Finance Services For You

We understand the complexities of business finance and have the expertise to secure funding for your next venture, whether it's working capital, equipment purchases, or expansion projects. With market-leading business finance products and best-in-class rates, Approved is ideally positioned to deliver your funding solution.

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Approved Insights

Explore previous case studies of successful deals with our valued clients and unlock insights into our proven track record. Access a large selection of product guides and approved articles detailing industry trends, best practices, and innovative finance solutions.