Shawbrook Bank is a specialist lender with a deliberate appetite for non-standard commercial vehicles - older tippers, skip lorries, and vehicles that mainstream lenders approach cautiously. Their higher rates reflect the specialist nature of these assets and borrowers.
Shawbrook Tipper & Skip Lorry Rates - October 2026
| Finance Type | Indicative APR | Term | Min Deposit |
|---|---|---|---|
| HP - standard tipper (new/used) | 5–9% | 24–60 months | 10% |
| HP - older tipper (7–15 yrs) | 8–13% | 12–48 months | 20% |
| Skip lorry - HP | 7–13% | 12–48 months | 15–20% |
| Non-standard / modified tipper | 9–13% | 12–48 months | 20–25% |
| Finance Lease | 5–11% | 24–60 months | N/A |
Shawbrook's Focus Areas
- Non-standard tipper bodies and configurations
- Skip lorries and hook loaders
- Vehicles over 10 years old where other lenders decline
- Construction, demolition, and waste management sectors
Advantages
- Strong appetite for non-standard tipper assets
- Skip lorries and hook loaders routinely financed
- Older vehicles where mainstream lenders decline
- Specialist sector knowledge
Limitations
- Higher rates than mainstream lenders for straightforward cases
- Not the first choice for standard new-tipper finance
- Higher deposit requirements on specialist assets