Fleet finance UK: HGVs, vans & commercial vehicles with options from a panel of 150+ lenders

Fleet finance allows businesses to fund multiple commercial vehicles: HGVs, vans, or cars, using hire purchase (HP) or finance lease. Under HP, ownership passes to you at the end of the agreement. Under finance lease, the lender retains ownership and you pay a rental, with an option to sell the vehicles at the end and retain a share of the proceeds. Both structures spread the cost over monthly payments, typically 24–84 months.

Yes. Sorbus Finance can arrange block fleet funding for mixed fleets covering HGVs, tractor units, trailers, curtainsiders, vans, and cars, under a single facility or separate agreements by vehicle type. This simplifies fleet management and can deliver better rates by aggregating your fleet purchasing power across multiple lenders.

There is no strict minimum. We can arrange finance for a single HGV or commercial vehicle as well as a fleet of hundreds. However, block fleet facilities (revolving credit lines with the ability to add/remove vehicles) are generally more cost-effective and administratively simpler for operators running five or more vehicles.

HGVs can be financed using hire purchase or finance lease through specialist commercial vehicle lenders. You will need 6–24 months of trading history, clean business credit, and typically evidence of contracts or haulage agreements. New HGVs often attract better rates than used, and 100% funding (no deposit) is available for established operators with clean credit.

Yes. Sale and HP leaseback allows you to sell unencumbered vehicles you own to a finance company and hire them back, releasing capital while retaining operational use of the vehicles. This is commonly used by fleet operators to fund new vehicle additions, manage cashflow, or consolidate existing finance at lower rates.

Yes. Electric vans and, increasingly, electric HGVs are available through specialist lenders who understand EV residual values in the commercial vehicle market. Government grants such as the OZEV plug-in van grant can be combined with finance to reduce the purchase price before funding. We will identify the most appropriate lenders and structure for your EV fleet plans.