Current Rates - October 2026
| Term | Representative APR | Monthly cost (£50k asset) | Deposit required | Decision speed |
|---|---|---|---|---|
| 1 year | 6% | ~£4,350/mo | 0–20% | 24–48h |
| 2 years | 6–11.0% | ~£2,280/mo | 0–20% | 24–48h |
| 3 years | 6–16 | ~£1,240/mo | 0–20% | 24–48h |
| 5 years | 6–16 | ~£1,050/mo | 0–30% | 24–48h |
| 7 years | Up to 16 | ~£820/mo | 10–30% | 24–48h |
Representative examples only. Actual rates depend on credit profile, asset age, deposit and loan-to-value. Minimum facility £5,000.
How Haydock Finance Compares to the Market
Haydock Finance sits in the specialist/challenger segment of the UK commercial vehicle finance market. For businesses with straightforward credit profiles and newer assets, high-street lenders such as Lombard or Novuna may offer marginally lower headline rates. However, Haydock Finance's underwriting flexibility means it regularly funds deals that mainstream lenders decline outright.
When you approach Haydock Finance through a broker like Doulton Bridging Finance, we present your case with supporting context - reducing the likelihood of an automated decline and often securing better terms than a direct application.
Strengths
- Strong track record financing sole traders and owner-operators
- Construction and agricultural-use vans considered
- Older van stock up to 10–12 years accepted
- Flexible on security structure for higher-risk profiles
Limitations
- Rates significantly higher than prime lenders for clean-credit cases - use Novuna or Lombard instead
- Maximum term of 5 years less flexible than Close Brothers or Aldermore
- Less technology-forward - decision process more manual