Business Car Finance

Flexible funding for business vehicle purchases – own or lease with confidence

What Is Business Car Finance?

Business car finance helps companies purchase or lease vehicles for commercial use without using up valuable working capital. Whether you're buying a single executive car or a fleet of vehicles, we can help you spread the cost with flexible repayment options and tax-efficient structures.

From company directors purchasing cars for personal use via the business, to SMEs financing delivery vans or client-facing vehicles, we offer tailored vehicle finance solutions that suit your budget, cash flow, and operational needs.

Types of Business Car Finance

At The Funding Group, we provide access to a wide range of vehicle finance products from specialist lenders across the UK:

Hire Purchase (HP)

  • Own the vehicle outright at the end of the term

  • Fixed monthly payments with no mileage restrictions

  • Tax-deductible interest and potential capital allowances

Finance Lease

  • Use the vehicle while paying fixed monthly rentals

  • Option to sell the vehicle at the end and keep a share of the sale

  • Off-balance-sheet option for some businesses

Business Contract Hire (BCH)

  • Long-term leasing with optional maintenance included

  • Return the vehicle at the end of the term

  • Ideal for VAT-registered companies looking for fixed monthly costs

Personal Contract Purchase (PCP) – For Directors

  • Lower monthly payments with an optional final balloon payment

  • Suitable for company directors using a car privately

  • Option to buy, part-exchange, or return at term-end

Typical Terms & Key Features

  • Loan or Lease Size: £5,000 to £1 million+

  • Term Length: 12 to 60 months

  • Deposit: Often from 0% (subject to credit)

  • Interest: Fixed or variable, highly competitive

  • Ownership Options: Lease or purchase outright

  • Eligible Vehicles: Cars, vans, pickups, EVs, and hybrids

We work with both prime and alternative lenders to source the most competitive terms for your business — even if you’re newly established or have limited credit history.

Who Can Use Business Car Finance?

We support a wide range of business customers with commercial vehicle funding, including:

  • Limited companies and LLPs

  • Sole traders and partnerships

  • Startups and small businesses

  • Directors looking to purchase a car through their business

  • Fleets and logistics-based businesses

  • Businesses switching to electric vehicles (EVs)

Whether you’re purchasing a new or used vehicle, or refinancing an existing one, we can help structure the most cost-effective deal.

Benefits of Business Car Finance

  • Preserve working capital by spreading the cost

  • Tax-efficient options — including VAT recovery and capital allowances

  • Flexible repayment terms to suit your cash flow

  • Improve your credit profile with regular repayments

  • Access better vehicles without upfront capital

  • Support sustainability goals with EV leasing options

With expert guidance and fast approvals, you can secure the vehicle your business needs — without financial strain.

Ready to Finance a Business Vehicle?

Whether you're acquiring your first company car or building a fleet, The Funding Group can help you access tailored vehicle finance with minimal hassle and fast turnaround times.

Get in touch today for a free, no-obligation quote from our UK-based business vehicle finance experts.