Aldermore Bank is a specialist lender with broad appetite for construction and waste management vehicles - particularly where older tippers, adverse credit, or skip lorries are involved. They are a key panel lender for DBF when mainstream options fall short.
Aldermore Tipper Truck Rates - October 2026
| Finance Type | Indicative APR | Term | Min Deposit |
|---|---|---|---|
| HP - new or nearly new tipper | 5.5–9% | 24–60 months | 10% |
| HP - used tipper (5–10 yrs) | 7.5–12% | 24–48 months | 15% |
| HP - older tipper (10–15 yrs) | 10–14% | 12–36 months | 20–25% |
| Skip lorry - HP | 8–14% | 12–48 months | 15–25% |
| Adverse credit (satisfied CCJs) | 10–14% | 12–48 months | 20–30% |
Advantages
- Adverse credit considered - satisfied CCJs accepted
- Older tippers up to 15 years financed
- Skip lorries actively funded
- Start-ups with 6+ months trading eligible
Limitations
- Higher rates than prime lenders for clean credit
- Larger deposits for older assets or adverse credit
- Undischarged bankruptcies typically declined