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Commercial Vehicle & Van Finance
Considering Vehicle Finance from a Dealership?
Work out your budget and estimate repayments before visiting the dealer.
- Competitive against dealer rates
- Annual flat rates from 5.9%
- Borrow £10,000 to £2,000,000
- Terms up to 6 years
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Yellow Plant & Agricultural
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Pickups, Vans & HGVs
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Forklifts & Materials Handling
An affordable, cost-effective solution to upgrade or purchase business vehicles, yellow plant, vans, or fleet
If you’re a business owner planning to purchase vehicles, avoid being caught off guard by dealer finance. Determine your budget, estimate repayments, and secure a quote from Portman before visiting the dealership. Spread the cost of vans, lorries, or specialised commercial vehicles with ease. Arranging finance for your fleet can sometimes be stressful, but what we do is simple.
Why Businesses Choose Portman Over Dealer Finance
When discussing your commercial vehicle needs with a dealer, they’ll often ask, “How do you plan to pay for it?” and present their only finance option. How can you be sure dealer finance is the best deal? Exploring your options in advance is always the smarter move.
Here’s why businesses prefer Portman for vehicle finance:
- We regularly beat dealer rates.
- We provide a variety of terms and flexible payment schedules – not just a single finance product.
- We’re not tied to one lender, so we’re more likely to secure approval for you.
- We can fund entire projects, not just the vehicle itself.
Choose Portman for tailored solutions that work for your business. Complete our online enquiry form, and we’ll call you promptly to discuss your needs and options. When you’re buying any new vehicle for your business, to get the best deal make sure you know your options, talk to us today.
Get in touch to discover how we can help to finance your business vehicle requirement
- Company Cars
- Vans & Pick-ups
- Taxis, Coaches & Buses
- HGV & LGV
- Tractors & Trailers
- Construction Plant
- Forklifts & Warehouse Vehicles
- Hybrid and Electric Vehicles
- Tankers & Refuse Trucks
- Hybrid & Electric Vehicles
What finance deals can you offer me?
Commercial vehicle finance essentially means spreading the cost of your vehicle over an agreed period, paying back in monthly instalments. Businesses use it because vehicles are expensive and often company directors would rather not take one large hit to their cashflow.
We typically offer commercial vehicle finance on a Hire Purchase arrangement, with or without balloon. Asset finance does include leasing, which we may be able to offer, particularly on very high value vehicles such as HGVs or coaches.
To get an idea of the rates available, use our online calculator, but for figures tailored to your business, contact us directly.
Is using finance for my new vehicles a good idea?
Vehicles, especially if you need to buy multiple, are an expensive outlay. With vans typically over £30k and HGV tractor units over £100k, it can be difficult to save for long enough to make purchases of this size. If your business has large amounts of free cash then this is an option, but the risk is that your free cash is then not available for an array of operational costs.
Finance helps you spread the cost of getting the vehicles you need now, but most importantly, allows you to grab opportunities, to expand capacity and to win new contracts. If this is on the cards for you, then finance is one good way of getting what your business needs to unlock its potential. Lets not pretend there isn’t a commitment to a number of years with finance, but, if your business is sound and the opportunities are there, you could generate much more income than the cost of finance.
Try our online calculator and estimate monthly repayments
Commercial Vehicle Finance FAQs
What is commercial vehicle finance?
The vehicles you use for your daily operations are considered business assets. Commercial vehicle finance, a form of asset finance, enables you to spread the cost of the vehicle over a period of time. This approach helps manage cash flow by avoiding the need for an upfront payment and simplifies budgeting through manageable monthly instalments.
What’s the difference between vehicle finance and a business loan?
Vehicle finance is specifically designed for purchasing or leasing a particular vehicle. The vehicle itself serves as collateral for the finance you borrow to acquire it. At the end of the agreement, you’ll have various options, such as owning the vehicle, returning it, selling it, or extending the lease.
Why Choose Portman?
At Portman, we are proud to offer a personal and professional service. Plus, since 2007, we have sourced over £1.5 billion in funding. So, whatever your business finance needs, we’re likely to be able to help.
Our clients love working with us because;
- We can finance most types of equipment
- We take time to understand your business and secure you the right loan
- We may offer finance even when others cannot
- We will do our best to help even if you don’t have a strong credit history
- You will have one point of contact from start to end
- We provide solutions quickly, sometimes within hours
Want to know more? Don’t hesitate to contact Portman today.
Why you should consider a finance broker rather than the bank.
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