Lombard (part of NatWest Group) is one of the UK's largest asset finance providers, offering competitive rates to quality operators financing new or modern rigid trucks. Their pricing is keenest for established businesses, and fleet discounts make them particularly attractive for multi-vehicle programmes.
Lombard Rigid Truck Finance Rates - October 2026
| Finance Type | Indicative APR | Term | Minimum Deal |
|---|---|---|---|
| HP - new rigid (quality operator) | 4–7% | 24–60 months | £25,000 |
| HP - used rigid (up to 5 yrs) | 6–9.5% | 24–48 months | £25,000 |
| HP - fleet programme (3+ units) | 4–7.5% | 24–60 months | £75,000 total |
| Finance Lease | 4–9% | 24–60 months | £25,000 |
| HP - used rigid (5–10 yrs) | 7.5–11.5% | 24–48 months | £25,000 |
Lombard's Ideal Borrower Profile
- Established limited companies with 3+ years trading
- Clean credit history and audited accounts
- Quality operators in logistics, distribution, and food supply
- Fleet acquisitions of 3+ vehicles benefit from programme pricing
Advantages
- Among the most competitive rates for prime borrowers
- Fleet discounts for multi-vehicle programmes
- Strong backing from NatWest Group
- Finance Lease and HP available
Limitations
- £25,000 minimum deal size
- Adverse credit typically declined
- Less appetite for older vehicles (>10 years)
- Sole traders and start-ups may find Close Brothers more accessible