Ambulance and patient transport vehicle (PTV) finance covers a specialist range of converted vehicles for private ambulance companies, NHS contractors, and patient transport service (PTS) operators. Lenders with appetite for ambulance finance understand the converted vehicle body and recognise regulated healthcare income streams.
Types of Vehicle Financed
- Patient Transport Service (PTS) vehicles - non-emergency ambulances for NHS subcontractors
- Private ambulances - for private medical providers and event medical services
- Mercedes-Benz Sprinter ambulance conversions - the most common base vehicle
- Ford Transit ambulance conversions
- Bariatric ambulances - wider body, reinforced floor conversions
Regulatory Context
Private ambulance and PTS operators providing NHS services are regulated by the Care Quality Commission (CQC). CQC registration demonstrates quality standards compliance and is viewed positively by lenders assessing healthcare vehicle finance. DBS-checked drivers and compliance with NHS transport frameworks add further credibility to applications.
Rate Guide - October 2026
| Vehicle Type | Rate Range (APR) | Term | LTV |
|---|---|---|---|
| New Sprinter ambulance conversion | 5.5-8% | 3-5 years | 85% |
| Used ambulance (under 4yr) | 7-11% | 2-4 years | 80% |
| Bariatric ambulance | 7-12% | 3-5 years | 80% |
| NHS contractor fleet | 5.5-8% | 3-5 years | 85% |
| Adverse credit / start-up | 12-16% | 2-3 years | 65% |
Worked Example - Private PTS Operator
| Detail | Figure |
|---|---|
| Asset | 2023 Mercedes Sprinter 319CDI ambulance conversion |
| Purchase price | £65,000 |
| Deposit (15%) | £9,750 |
| Amount financed | £55,250 |
| Term | 48 months |
| Rate | 7% APR |
| Monthly payment | approx. £1,320 |