Luton Van Finance

Financing Your Luton Van

A Luton van is a valuable asset to many businesses operating around the country, allowing businesses to deliver products, move and transport assets and be used in a fleet as a courier service.

The most appropriate method of financing used to fund a Luton van depends on your business structure and finances.

We can arrange finance and funding for a Luton van. Whether that is for business or commercial purposes, our team is here to help.

What is Luton van finance?

Luton van finance gives businesses the opportunity to acquire a vital asset for their activities and needs, whilst also working with the specific financial requirements to ensure working capital and cash flow are not jeopardised.

Solutions including hire purchase and finance leasing are two methods that allow the cost of a Luton van to be spread over a number of years. Asset refinancing allows businesses to use capital in balance sheet assets to fund the purchase of a Luton van.

Our vehicle management division are on and to deliver specific financial assistance to businesses across the UK.

Types of Luton van finance available

Hire purchase: Hire purchase is ideal if you want to own the van outright. You start by making an initial deposit, which is then followed by a series of monthly payments over a set amount of time, and after the final payment, your business will fully own the asset.

Finance leasing: A finance lease lets you rent a Luton van over an extended period, with the option at the end of the term to potentially upgrade the asset. VAT is paid monthly, rather than upfront, and your business may be responsible for maintenance. It’s ideal if your business doesn’t need to own the asset.

Asset refinancing: Refinancing assets allows you to unlock their value while still having the usage rights. You sell the asset to a specialist lender and make fixed repayments over an outlined time frame. Once the contract ends, your business regains ownership of the asset.

How does Luton van finance work?

When financing a Luton van, you make an initial deposit, and the outstanding amount is then paid off through monthly payments over a set period. Throughout this period, you do not own the van, however you do have the right to use it for your business’ activities. This method of purchasing also allows you to specify the deposit amount as well as the amount of time you wish the finance the van over.

Is Luton van finance right for your business?

Luton van finance allows your business to operate efficiently providing your business the opportunity to expand whilst being conscious of your working capital and business cash flow. The range of financing options available such as hire purchase; finance leasing and asset financing means the method of financing can be tailored specifically to your company’s financial structure.

Through flexibility in the payment arrangements and the predictable schedule of repayments, the budgeting of Luton van finance can be easily worked into your existing financial arrangements.

Applying for Luton van finance

MAF Finance Group work with a broad selection of bank and funders to deliver tailored financial solutions to all businesses.

If you would like to get a quote or learn more about our offerings, simply fill out the form below we will be in touch with you soon. If you would like to speak directly to us, you can call us on 0115 958 6872 and a member of our team will be happy to speak to you. Alternatively, you can email us at [email protected].