Van Finance

Van Finance Lease

Van finance lease for businesses: lower monthly payments, VAT spread over term, no ownership. Independent broker. Compare deals from multiple lenders.

Independent brokerWhole of marketNo obligation

Get Indicative Terms

Get indicative terms - free, no obligation

First name *

Last name *

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Business name (if applicable)

Type of van - make, model, approximate year

New or used?

Finance type preference

Approximate van value or budget (£)

Preferred term

Trading status

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Doulton Money Limited · FCA No. 814533 · No obligation enquiry

What happens next

Fill in the form. It takes about 2 minutes.
We'll email you back with any additional questions, then match you with the right specialist for your situation.
A specialist independent broker will contact you to discuss your situation and present options.

Finance lease is a tax-efficient way for VAT-registered businesses to finance commercial vans. You have full use of the van throughout the agreement, monthly payments are lower than hire purchase, and VAT is spread over the term rather than paid upfront. At the end you can sell the van to a third party, hand it back, or refinance. As an independent broker, we compare finance lease deals from multiple lenders.

How Van Finance Lease Works

The lender buys the van and leases it to you for an agreed term
You make monthly lease payments (plus VAT - which you can typically reclaim if VAT-registered)
You are responsible for maintenance, insurance and running costs
At the end of the term: sell the van to a third party (lender takes the proceeds less a small share), hand back, or refinance
No ownership - the lender remains the legal owner throughout
No mileage restrictions

Indicative Finance Lease Rates

Finance Type	New Van Rate	Used Van Rate	Typical Term
Finance Lease - new van	6.5% – 10.9% APR	-	24–60 months
Finance Lease - used van	-	8.5% – 14.9% APR	24–48 months

Rates indicative only. Subject to credit assessment, trading history, asset type and lender criteria. Doulton Money Limited FCA No. 814533. Not all commercial vehicle finance products are regulated. Rates correct November 2026.

Get Indicative Terms 0204 6211776

FAQs

Frequently asked questions

Can I reclaim VAT on finance lease payments?

If your business is VAT-registered and the van is used exclusively for business purposes, you can typically reclaim 100% of the VAT on lease payments. If there is any private use, the reclaimable portion is reduced. Consult your accountant.

Who is responsible for maintenance on a finance lease?

You are. Unlike contract hire (which can include a maintenance package), finance lease is a pure funding product. You arrange and pay for all servicing and repairs.

What happens at the end of a finance lease?

Typically: you arrange a sale of the van to a third party, the sale proceeds go to the lender, and you receive a rebate of rental (typically 95–97% of the net sale proceeds). Alternatively you can hand back or refinance.

Is there a balloon payment on a finance lease?

Not in the traditional sense. Finance lease agreements set a "residual value" - the expected value of the van at term end. Your monthly payments are based on the difference between the original value and this residual. The residual is settled through the end-of-term sale.

Can a sole trader use finance lease?

Finance lease is primarily a business product and works best for VAT-registered businesses that can reclaim the VAT. Sole traders who are VAT-registered can use it; those who are not VAT-registered may find hire purchase more cost-effective.

Commercial Van Finance Van Hire Purchase Finance Van Hire Purchase Rates How Van Finance Works Van Finance Documents

Doulton Money Limited t/a Doulton Bridging Finance. FCA No. 814533. Company No. 14303203. 20 Wenlock Road, London N1 7GU. Commercial vehicle finance is not regulated by the FCA. Finance subject to status and credit assessment.