Van and pickup finance
Panel vans, crew vans and pickups may be financed individually or as part of a growing fleet, subject to business use and lender assessment.
Commercial vehicle finance for UK businesses
Finance new or used vans, trucks, HGVs and specialist vehicle conversions around your business needs.
Share the vehicle details, price and timing. Our team will take it from there.
Fund new or used vans, trucks, HGVs and specialist vehicle conversions without tying up cash your business needs elsewhere.
Your vehicle finance options
Choose a finance route around how you use the vehicle and whether you want to own it.
- Vehicles
- New or used vans, trucks, HGVs, trailers and specialist vehicles for business use.
- Ownership
- Hire purchase, leasing and contract hire have different end-of-term arrangements.
- Upfront cost
- Deposit, VAT and any advance rentals depend on the vehicle and agreement.
Vans, used vehicles, HGVs, EVs and conversions
The vehicle, supplier, business use and remaining working life shape the available finance route as much as the purchase price.
Used commercial vehicle finance
Share the registration, mileage, condition, service history, warranty and supplier details. Read our used commercial vehicle finance guide before paying a deposit.
HGV and truck finance
Rigid trucks, tractor units, tippers, refrigerated vehicles and other working trucks may be considered, subject to the business, vehicle and lender.
Electric commercial vehicle finance
Electric vans and other commercial EVs may be considered. Battery warranty, range, payload, charging access and replacement plans all matter.
Specialist vehicle conversions
The base vehicle and conversion may be considered together where the supplier quote clearly separates the vehicle, body, equipment and installation costs.
When comparing commercial vehicle finance companies, check whether each is a lender or broker and which products it offers. Capra Finance is an independent UK finance broker, not a lender, and compares suitable options based on the vehicle, business use and application.
Costs and conditions
VAT and taxThe vehicle, its use and the finance agreement affect the tax position.
VAT recovery depends on your VAT status and business use. Cars and commercial vehicles have different rules. Confirm the treatment with your accountant before choosing a facility.
Mileage and final paymentsCheck mileage limits, return conditions and any balloon payment.
Contract hire normally has agreed mileage and return conditions. Excess mileage or damage can lead to additional charges.
If the agreement includes a balloon payment, consider how you will pay it at the end.
How to apply
Share the vehicle details
Send the supplier quote, age, mileage and any conversion requirements.
Compare the options
Review the upfront cost, payments, ownership and any mileage conditions.
Sign and arrange delivery
After approval, complete the documents and agree delivery with the supplier.
What you’ll need
- Vehicle details, mileage and supplier quote.
- Business details and intended vehicle use.
- Preferred deposit, term and replacement plans.
The lender may request further information.
Automated approval is available for eligible applications through Capra Connect, subject to credit criteria and lender requirements. How decisions work
Compare finance options
| Comparison | Hire purchase | Finance lease | Contract hire |
|---|---|---|---|
| Ownership at the end | Yours after the final payment and any option fee | No automatic ownership | Handed back |
| VAT on a van or truck | Normally upfront; recovery subject to eligibility | On rentals; recovery subject to eligibility | On rentals; recovery subject to eligibility |
| Mileage limits | Usually no fixed mileage limit | Usually no fixed limit; condition affects any residual value | Agreed upfront, excess charged |
| Maintenance | Yours | Yours | Optional, priced separately |
VAT recovery depends on the vehicle and your business use. Confirm the position with your accountant. Contract hire may include excess mileage and return charges.
Questions, answered
What vehicles can I finance?
Vans, trucks, HGVs, trailers and specialist commercial vehicles may qualify, subject to business use and lender criteria.
Can I finance a used commercial vehicle?
Potentially. Lenders assess the vehicle's age, mileage, condition, service history, supplier, value and remaining working life. Share these details before committing to the purchase.
Can I finance a car through Capra?
We focus on commercial vehicles used wholly or mainly for business. Personal-use car finance is consumer finance and outside what we arrange.
Do I need to pay a deposit?
Not always. Deposit requirements depend on the vehicle, the supplier, your trading profile and the structure chosen. A deposit can reduce the monthly payment.
Can new businesses apply?
Yes. Lenders may require a deposit, guarantee or further evidence of affordability where trading history is limited.
Can I reclaim the VAT?
VAT treatment depends on the vehicle and your business position. VAT recovery is generally more straightforward on genuine commercial vehicles than on cars, but confirm the detail with your accountant.
How long does approval take?
Timing depends on the vehicle, your business and the information required. We’ll explain the likely timescale once we have your details.
What if I want to replace the vehicle later?
Tell us your replacement plans before agreeing the finance. Mid-term changes may require settlement; contract hire has agreed return and mileage conditions.
Can I finance an HGV or truck?
Potentially. Lenders consider the HGV or truck's age, mileage, specification, intended use, supplier and expected working life, alongside the business and affordability.
Can vehicle conversion costs be included in the finance?
They may be included where the base vehicle and conversion are clearly detailed by an acceptable supplier. The available structure depends on the lender, conversion and supporting documents.
Can I finance an electric commercial vehicle?
Potentially. Lenders assess the vehicle, battery and warranty, expected mileage, charging plan, supplier and affordability. The available product depends on the applicant and vehicle.
Is commercial vehicle finance guaranteed?
No. Commercial vehicle finance cannot be guaranteed. Every application is subject to credit assessment, affordability, vehicle checks and the chosen lender's criteria.
Discuss vehicle finance
Share the vehicle details, supplier price and delivery date. We’ll explain the finance options for your next vehicle or fleet purchase.