You will find other excellent Van finance and Truck Finance information on other pages on our website.
We often get asked lots of question on the subject from our other customers so we wanted to have a useful page for all of those questions.
You will also see our 5 star reviews from many satisfied customer on our reviews page.
As the same questions seem to be asked a lot we have answered them in the list below;
- Can I get van finance with bad credit
The answer is yes you can, it really depends on what level on bad credit. It is best to work with our account managers and be completely transparent about your situation.
We have provided van finance to customers with ccj’s, missed credit card payments and bounced payments. We would actively work with you to gather information suitable to our underwriters.
It could be that you were facing personal issues or a difficult customer didn’t pay you on time. Our job is to work hard to find the most suitable lender for your circumstances. Do not listen to other companies that give up within a few hours f trying to find you a van finance deal.
We have 16 years of experience in the market and consider ourselves experts in organising competitive finance for all of our customers.
2. Is it better to buy or use Van finance?
Only you can answer that questions. Finance is a low risk approach as it conserves capital and means that you can grow your business with much smaller outlay.
You should always maintain a large cash buffer in the business as you never know what situation you may be in in the future. What if a large customer goes out of business and cant pay you? What if you suffer from a down turn in trading for 6 months? What if you lose a customer through no fault of your own?
These are all questions you should be asking yourself and your business.
3. Do I need to use van finance offered by the dealer?
No you dont is the answer. We can finance a van of your choosing and settle the invoice to that dealer. Do not be afraid to look for a better quote than the one you are being offered.
All you need to do is send us the details of the van you want to buy and we will do the rest.
Once you have signed the document via email we will pay for the van and you can collect. This can take place very quickly.
4. Can anyone get van finance?
In theory yes. It is best to be open and honest with our account managers and supply all of the information requested so they can do their job correctly in sourcing the finance.
We will let you know from the outset whether or not we can secure the finance you require which will save time and effort on both parts.
5. How quickly can you get van finance?
It really depends it can be as quick as a few hours providing we have the correct information at the outset.
6. Do I need a good credit score?
It helps but isn’t essential. We work with banks that take a manual approach to underwriting and will use a whole host of factors to determine the outcome of your finance application.
We recommend paying all of your bills on time and settling any disputes with lenders before it leave a bad mark on your credit file. It is important to try and avoid defaults, ccjs and late payments.
We are able to work with these situations but it is a lot easier and less costly to avoid them in the first place.