Business vehicle finance

Business transport finance

Transport Finance is a flexible and competitive finance package designed to allow you to invest in your business's transport needs through the purchase of all kinds of commercial vehicles, vans and heavy goods vehicles.

How does a transport finance work?

Transport Finance offers up to 100% finance for new vehicles and a choice of two finance options:

	Business Purchase Plan With Business Purchase Plan, the vehicle is treated as an asset on your business's balance sheet. Finance can be arranged over a term that suits your business - from two to five years - with repayments fixed for the full term of the plan.
	Business Lease Plan With the Business Lease Plan, the vehicle is classified as an "off balance sheet" item that can improve your business's gearing ratio. Again, finance can be arranged over a term that suits your business - from two to five years - with repayments fixed for the full term of the plan.

What are the benefits of transport finance?

	Competitive finance Transport Finance offers a highly competitive finance package allowing you to avoid having to use up valuable capital for your transport needs.
	Flexible terms With the Purchase and Lease options, you can choose the most suitable alternative for your particular transport needs over a term that suits your business - from two to five years with repayments fixed for the full term of the finance package. Repayments can be tailored to suit your cashflow requirements.
	Tax efficient With the Purchase Plan, interest on repayments may be claimable against taxable profits and capital allowances may be claimed. There is no VAT payable on your repayments and VAT on the purchase of the vehicle is reclaimable by VAT registered businesses. With the Lease Plan, repayments may also be tax-deductible and VAT is fully recoverable by VAT registered businesses.
	Purchasing edge Pre-arranged vehicle finance allows you to negotiate the best deal when purchasing a new commercial vehicle. When applying for finance the process is simple with speedy decisions made.
	Payment Protection Availing of a credit insurance option can protect your repayments.

Eligibility:
Vehicle finance packages are available for all types of business

Terms and conditions apply.
Personal Lending is regulated under the Consumer Credit Act 1995.

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General financial planning and advice

Great British Finance Limited are authorised and regulated by the Financial Services Authority (FSA). The FSA does not regulate some forms of Mortgage, Inheritance Tax Planning, Credit Cards, Personal Loans, Deposit Accounts & Insurance. If you are submitting an online request, we would advise to read our KeyFacts statement, links are at the top and bottom of this page.