Keeping your business moving forward

Commercial vehicle finance is a type of financing that is specifically designed for businesses that need to purchase vehicles for their commercial operations and can help in the following ways:

Purchasing new vehicles

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Leasing vehicles

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Upgrading existing vehicles

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Managing seasonal fluctuations

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Expanding the fleet

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Covers prestige and supercars

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Vehicle finance solutions from Millbrook - Vans

What is commercial vehicle finance?

Commercial vehicle finance helps businesses fund the acquisition of new or used vehicles. With Millbrook, you can secure a hire purchase, lease or even release equity from existing agreements.

Apply for a vehicle finance - tick iconSecure your funding

Keeping your business moving forward

Commercial vehicle finance is a type of financing that is specifically designed for businesses that need to purchase vehicles for their commercial operations and can help in the following ways:

Purchasing new vehicles

green-check

Leasing vehicles

green-check

Upgrading existing vehicles

green-check

Managing seasonal fluctuations

green-check

Expanding the fleet

green-check

Covers prestige and supercars

See our success stories Browse Millbrook's success stories - arrow icon

How can Millbrook's vehicle finance help your business?

Millbrook is a specialist UK commercial vehicle finance provider. Our dedicated team of experts can match you with the perfect solution for your business. No matter your needs or requirements, our bespoke approach to vehicle finance ensures we can secure the best possible deal for you.

Beyond our flexible hire purchase and lease finance solutions, you can also release equity from existing lease agreements, either to unlock value to reinvest elsewhere or to get better repayment terms. Learn more on our refinancing solutions page.

Learn more in our blog: What are the different types of commercial vehicle finance?

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Easy to access funds

Access funds to purchase vehicles that are essential to your business operations.

Preserved capital

Preserve your working capital for other important needs.

Fixed payments

Fixed monthly payments, providing you with predictable expenses and the ability to plan cash flow.

Flexible financing terms

We shape repayment terms and financing periods to fit your needs.

Competitive advantage

Access the vehicles to improve your business' efficiency and gain advantage over competitors.

Maintenance and repair cost savings

Purchasing new commercial vehicles can often reduce long-term maintenance and repair costs, compared to older, outdated vehicles.

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What types of business vehicle finance are there?

 

Different commercial vehicle finance options suit different business, which is why we offer both hire purchases and lease agreements. See the details below to help you choose the most suitable option.

Hire purchase

A hire purchase is designed to help businesses to expand and operate efficiently, providing flexible ways to buy new equipment without large upfront costs.

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Doesn't disrupt cash flow

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Increases affordability of assets

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Competitive interest rates

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Own the asset after final instalment

VAT paid upfront or deferred for up to 3 months

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Repayment terms 1 – 7 years

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Balloon payments available

Lease finance

In a lease arrangement, you have sole use of the asset but it belongs to the lender for an agreed duration, in which you make monthly instalments.

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Option to purchase item at the end of the term

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Can access higher specification machinery

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Pay instalments rather than large upfront costs

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Flexible repayment terms

VAT paid on monthly instalments

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Repayments are 100% tax deductible

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No deposit options available

Helping businesses like yours

 

We understand building a successful business can take years of dedication, be a lifelong dream or require a lightbulb moment to make it a reality. We focus on your finance, so you can make the magic happen.

£100k secured for one the UK's oldest family haulage firms

A family haulage firm, established for 118 years, needed to buy two new trailers to expand their operations.

white-check Funding for two Tri Axle Curtainsided Double Deck Step Frame Trailers
white-check 60 months asset finance arranged
white-check Beat the rate and terms on an existing quote

ADAM MARTON

Business Finance Specialist

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One thing I love is the variety of businesses I get to help every day. Whether you're a new start with big dreams, or one of the most established in the country, Millbrook will work to secure the right finance for your goals.

ADAM MARTON

Business Finance Specialist

Adam Marton - Business Finance Specialist at Millbrook

Why Millbrook Business Finance is different

 

Our vehicle finance solutions are tailored to your requirements, so no matter your needs and financial status, we can find the best possible deal for you.

Finance any vehicle icon

Finance nearly any vehicle
for your operations

Tailored finance repayment terms icon

We shape repayment
terms to fit your needs

Competitive rates icon

Highly
competitive rates

Vehicle finance experts icon

Experts who specialise in
commerical motor finance

Quick & easy application icon

Quick and easy
application process

Flexible repayment terms icon

Flexible repayment
terms up to 7 years

Apply now for commercial vehicle finance with Millbrook

 

Ready to apply for funding? Our commercial vehicle finance experts will match you with a financing solution that meets your specific vehicle needs.

Start your application for a vehicle finance - tick icon Start your application

Need a different business finance solution?

Millbrook is not just a commercial vehicle finance broker and lender, we offer an array of business finance options for various purposes. Head to our solutions overview page or browse the options below.

BUSINESS LOANS

Get fast unsecured and secured business loans from £25k–£25m.

check-dark-green For any business purpose
check-dark-green Up to 10 years repayment terms
check-dark-green Funding approved within 8 hours
Learn more

RECOVERY LOAN SCHEME

Recover from the pandemic with this government-backed initiative.

check-dark-green 70% government backed
check-dark-green Up to £2m per business
check-dark-green Available in addition to CBILs & BBLs
Learn more

ASSET & EQUIPMENT FINANCE

Support your business growth without impacting your cash flow.

check-dark-green Purchase any asset
check-dark-green Simple application process
check-dark-green Repayment terms up to 7 years
Learn more

VEHICLE FINANCE

Fund any vehicle purchases, from vans and lorries to supercars.

check-dark-green Flexible deposits available
check-dark-green Tailored balloon payments
check-dark-green Utilise for debt consolidation
Learn more

REFINANCE

Release cash equity from equipment or obtain better terms on existing finance agreements.

check-dark-green Release cash from your equipment
check-dark-green Obtain improved finance terms
check-dark-green Great for debt consolidation
Learn more

MERCHANT CASH ADVANCE

Quickly raise working capital against your company's card sales.

check-dark-green No interest rate or fixed repayments
check-dark-green Borrow up to double your monthly card sales
check-dark-green 90% approval rate
Learn more

COMMERCIAL PROPERTY FINANCE

Get quick access to property-related finance.

check-dark-green Repayment up to 30 years
check-dark-green Interest-only products available
check-dark-green 80% LTV or 100% with security
Learn more

INVOICE FINANCE

Unlock funds tied up in outstanding invoices.

check-dark-green Up to 90% of invoices’ value
check-dark-green Your facility grows with you
check-dark-green Fast and simple to release cashe
Learn more

Need help choosing the right finance solution for your business?

Business finance can be complicated. To help you make sense of the options available, we've created this handy interactive Business Finance Checklist.

Download now Download Millbrook's Business Finance Checklist - arrow icon
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