Business Van Leasing Explained

A business van lease is one of the best ways to access a new vehicle that can support the growth of your company. Compared to buying a new van outright, it is a cheaper alternative that doesn’t mean you have to compromise on the type of van you need for your business activities. This guide will explain everything you need to know about business van leasing, so you can get started right away.

Leasing a van for a business works in the same way as leasing a car for personal use. You agree to ‘rent’ the van for a fixed period, during which time you pay the same amount of money each month..

How to lease a business van?

We’ve simplified the process of leasing a business van down to six easy steps:

Step 1: Select your business van

With so many van options available on our website, it makes sense to start narrowing down your options before requesting a quote.

Using your budget as a guideline, you can navigate our detailed website search tool to find the van that will be best suited to your business. You’ll get instant results along with a detailed breakdown of each vehicle, plus an in-depth review of how it performs out on the road.

Step 2: Request a quote

The next step is to either use our easy website tool to get an instant quote, or get in touch with our expert advisors who are waiting to help.

To provide a price for your business van lease we will also need to know how long you want the contract to be, your anticipated annual mileage, any added features for the van, and if you wish to include the optional maintenance-package.

Step 3: Credit check

Applying for a business van lease works in the same way as requesting any other form of credit. This means having to pass a credit check to make sure you are able to comfortably afford the monthly payments. This is for the protection of our customers, as we do not want anyone to take on a business van lease that might stretch their finances to the limit.

Step 4: Order confirmation

This involves finalising the order and double checking all of the details on the order form are correct before it is signed and the order is sent off to the manufacturer. Your account manager will check through the order carefully, and we also encourage all customers to do the same before accepting it. After this, the order is complete.

Step 5: Complete the finance documents

The finance documents will be sent across via email for you to review, sign and send back to us. This will detail all of the payments involved with the business van lease, including the monthly payments and initial payment you have chosen.

Step 6: Van delivery

Aside from selecting the van you’d like for your business, the most exciting stage is having it delivered. How long you will have to wait will depend on the availability of the van. If the van is in stock, then it can be delivered to your business in as little as 10 days.

If not, we will collect it straight from the manufacturer for you and deliver it as soon as possible. We will keep you updated about the delivery date so you can also plan when your insurance will begin.

What’s included in a business van lease?

Signing up for a business van lease gives you instant access to the latest models available on today’s market. Also included in our package are the following:

  • Free UK mainland delivery to your door
  • Road tax
  • UK manufacturer’s warranty
  • 12 month breakdown assistance
  • Part exchange on your current vehicle

Can a new business lease a van?

Yes, the good news is that new businesses are able to apply for a van lease. This applies to sole traders, partnerships, Limited Companies, PLCs, charities and local businesses, plus small partnerships and Limited Liability Partnerships.

The process will follow the six steps outlined above, and depending on your credit score you may be required to supply additional information to support your application such as:

  • Business bank statements for the past 3-6 months
  • An opening balance sheet for the business