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Truck Finance Quotes in 60 Seconds

Quotes have no affect on your credit score

We offer a wide range of bespoke options for your truck finance, whether you're adding to a fleet of commercial vehicles or just getting started. 

Our simple process secures your finance hassle-free, in as little as 24 hrs. 

Get a free quote & see what you could borrow today. 

 

no credit check truck finance Unsecured loans only

truck loan  Fixed Interest Rates 

commercial truck financing rates  "Excellent" on Trustpilot

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  • approved trucks on finance

£70 million funded to small businesses

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truck finance repayment

 

 

fast business loan

Quick approvals

 We offer competitive interest rates and lightning-fast approval times, making it as simple as possible for you to get the business loan you need when you need it.

 

flexible business loan

 Flexible terms 

We can work with you to find a repayment plan that fits your budget. We have business loan terms from 3 months to 6 years. 

 

Check Your Eligibility 

See the funding offers you are eligible to receive.

This will not impact your credit score.

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How it Works

 

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Quoted

Apply for a business loan quote in under 2 mins

 

truck finance instant approval

  • Approved
  • Get a fair credit decision in an instant.

 

sign for leasing trucks for business

  • Signed
  • The documents can be signed from any device.

 

truck funding

  • Received
  • Funds are available in just a few  hours
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Why Choose Us for Truck Finance?


Flexible repayment terms


At Love Finance, we understand that purchasing a truck is a big investment. We also know that not everyone has the same financial situation. That's why we offer flexible repayment terms on truck finance. Whether you're looking to finance a new or used truck, we can work with you to find a repayment plan that fits your budget.  Through truck finance, you can start earning on your equipment before you even start paying for it.

Even the rates may be slightly different between business loans and truck finance, you can use our business loan calculator for an idea of monthly repayments.



Easy approvals

 

Our commercial vehicle deals have an 85% approval rate. We offer competitive interest rates and fast approval times, making it as smooth as possible for you to get the vehicle you need when you need it. Quick, easy & no hidden costs.


Why lease?

When it comes to choosing a new truck, there are a lot of factors to consider. One important decision is whether to lease or buy. There are benefits to both options, but leasing through Love Finance comes with some unique advantages. For starters, you'll have the flexibility to upgrade to a newer model after your lease term is up. This can be especially helpful if you need a truck that can keep up with your growing business. Additionally, you won't have to worry about selling your truck when you're ready for an upgrade. Leasing also has the potential to lower your monthly payments and reduce your overall costs. 

 

Truck Financing Options

The reasons to turn to finance to acquire your new truck, HGV, or commercial vehicle are endless.

One of the key reasons though is to keep your cash flow strong while getting the vehicle you need to expand your operations.

Another is the fact that the vehicle you need to buy now isn't the vehicle you'll need in a few years' time, with new models constantly coming onto the market.

Leasing, therefore, gives you the flexibility to upgrade to a newer model at the end of the lease, always giving you a competitive advantage.

 

 

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Business loan faq

TRUCK FINANCE 

What is truck finance?
If you've decided to take the next step and purchase a truck, pickup truck or another commercial vehicle for your business, the decision between buying or leasing can be a daunting one. The traditional norm is to buy a truck outright, so your first instinct may be to buy the truck so you own it. However, if you look into it more, truck leasing may be a more viable option for your business. This allows you to obtain the truck through a finance lease or hire purchase. Allowing you to make manageable payments each month, keeping cash flow in your business, whilst still having the option to own the truck.

Benefits of Truck finance
If you're in the market for a new pickup truck, you may be wondering if it's better to finance the purchase or pay cash. While there are pros and cons to both options, truck finance can offer a number of advantages, especially if you choose an option with flexible terms. One of the biggest benefits of truck finance is that it allows you to spread out the cost over time, which can make it more affordable. Additionally, many lenders offer financing for trucks with low-interest rates, which can save you money in the long run. Truck finance can also give you the opportunity to build your credit history, which can be helpful if you need to take out a loan for another major purchase down the road.

Benefits of truck hire purchase
Truck hire purchase is an all-in-one solution. Instead of purchasing a new truck, you can sell one of your existing trucks to a lender and then hire it back from that same lender. If you want the truck back at some point, you can repurchase it from the financier after a predetermined period.

How much can I borrow for the truck loan?
The amount you can borrow will vary depending on the type of company. For example, a Limited Company can get funded from us between £5,000 and £250,000, while an Unlimited Company can get asset funds between £25,000 to £500,000. As such, we can lend up to £1 million to any one customer.

How Soon Can I Get truck funding?
In most cases, you can get the money when it is most convenient for you. When you call on us, we start the process immediately and can give you our decision within one business day. We pay our supplier directly; once the contract is in place and signed with us, we pay the provider the day after. That being said, we do know that time is of the essence. If the situation calls for it and we are able, it can be possible to approach us in the morning and get your truck by that afternoon. Sometimes, it really is that quick!

What type of truck financing option is right for me?
Deciding what type of truck finance is right for you can be a daunting task. There are many options available, and it can be difficult to know which one is best for your needs. Hire purchase is a popular option for financing a new pickup truck. With this type of finance, you make monthly payments towards the cost of the vehicle. At the end of the agreed term, you will own the truck outright. Finance lease is another option that is often used to finance a pickup truck. With this type of finance, you make monthly payments towards the cost of the vehicle. However, at the end of the agreed term, you will not own the truck outright. Instead, you will have the option to return it to the leasing company or to buy it outright. If you're looking to finance a used truck, you may want to consider taking out a loan. With this type of finance, you can choose how much you want to borrow and over how long you want to repay the loan. You will also need to put down a deposit on the truck. The amount you pay each month will depend on how much you borrow and the interest rate on your loan. Whichever type of truck finance you choose, make sure you shop around to get the best deal for your business.

Examples of trucks we finance
We can finance any commercial vehicle for your business through truck finance. For example, we can provide you with pickup truck finance, HGV finance, lorry finance, van finance, and more. Contact our team today to find out how we can help your business get the vehicle funding it needs.

How do I know when my business is ready to get truck finance?
Before you can get truck finance, you'll need to have a clear idea of how much money you need and what you'll use it for. You should also have a good understanding of your credit history and score. It's also sensible to have a business plan in place so that you can show lenders how you plan to use the funds. Once you have all of this information together, you can start shopping around for truck finance. Be sure to compare rates and terms so that you get the best deal possible. With a little preparation, you can get the truck finance you need to grow your business.
0800 086 9404
36 Great Charles Street 
Birmingham
B3 3JY 

Love Finance Limited is Authorised and Regulated by the Financial Conduct Authority for certain types of credit related activities that are regulated under the Consumer Credit Act 1974 and by the Financial Services and Markets Act 2000. Registered in England Co Reg No. 08103018 Registered Office: 1 Calico Business Park, Tamworth, Staffordshire B77 4BF

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