No credit check van finance

You may have heard of companies advertising van finance with no credit check. No responsible lender will be able to offer this. Read our guide to find out why.

No credit check van finance

You may have heard of companies advertising van finance with no credit check. No responsible lender will be able to offer this. Read our guide to find out why.

Can I get van finance with no credit check?

No, you can’t get no credit check van finance. You might have heard this claim online, but you should be cautious of any lender that claims to offer it.

Think of it this way. Everyone’s personal and financial circumstances are different, and buying a van is a big commitment. You might need it for your business, to get around to jobs, or if you’re self-employed. Every lender must use a credit check when you apply for van finance to ensure finance is affordable for you.

This is outlined in the rules of the Financial Conduct Authority (FCA). The FCA regulate financial services in the UK and set standards and best practices that lenders should follow. Their rulebook explains that lenders “must undertake a reasonable assessment of the creditworthiness of a customer” before they enter into a van finance agreement.

However, just because lenders use a credit check, doesn’t make it impossible to get van finance with bad credit. We’re a specialist lender who can help people even if they’ve been refused elsewhere. Get a quote in less than 5 minutes and see if we could help you.

What do van finance companies check?

A lender uses a credit check to ensure you are eligible for finance. It allows them to check a variety of factors, including:

  • Your name and address
  • How much credit you currently have
  • If you’ve missed any payments
  • If you’ve declared bankruptcy, or have a CCJ or IVA

The key difference between lenders is whether they use a soft check or a hard check when you apply.

Our online quote form uses an initial soft check. This helps us to understand your eligibility and ensure any finance we offer is affordable for you. A hard check is only used once we’ve helped you find the right van, and contracts are drawn up for you to sign.

Why choose us for van finance?

Can I get van finance with no credit check?

No, you can’t get no credit check van finance. You might have heard this claim online, but you should be cautious of any lender that claims to offer it.

Think of it this way. Everyone’s personal and financial circumstances are different, and buying a van is a big commitment. You might need it for your business, to get around to jobs, or if you’re self-employed. Every lender must use a credit check when you apply for van finance to ensure finance is affordable for you.

This is outlined in the rules of the Financial Conduct Authority (FCA). The FCA regulate financial services in the UK and set standards and best practices that lenders should follow. Their rulebook explains that lenders “must undertake a reasonable assessment of the creditworthiness of a customer” before they enter into a van finance agreement.

However, just because lenders use a credit check, doesn’t make it impossible to get van finance with bad credit. We’re a specialist lender who can help people even if they’ve been refused elsewhere. Get a quote in less than 5 minutes and see if we could help you.

What do van finance companies check?

A lender uses a credit check to ensure you are eligible for finance. It allows them to check a variety of factors, including:

  • Your name and address
  • How much credit you currently have
  • If you’ve missed any payments
  • If you’ve declared bankruptcy, or have a CCJ or IVA

The key difference between lenders is whether they use a soft check or a hard check when you apply.

Our online quote form uses an initial soft check. This helps us to understand your eligibility and ensure any finance we offer is affordable for you. A hard check is only used once we’ve helped you find the right van, and contracts are drawn up for you to sign.

Why choose us for van finance?

Great customer service

We aim to help customers onto a better road ahead, and our customers rate us 'Excellent' on Trustpilot.

Award-winning finance

Our commitment to positive customer outcomes has won us various industry awards over the years.

Leading specialist lender

As one of the UK's leading specialist lenders, we accept people that have been let down by mainstream lenders.

Great customer service

We aim to help customers onto a better road ahead, and our customers rate us 'Excellent' on Trustpilot.

Award-winning finance

Our commitment to positive customer outcomes has won us various industry awards over the years.

Leading specialist lender

As one of the UK's leading specialist lenders, we accept people that have been let down by mainstream lenders.

The types of checks that van finance companies make

There are two key types of credit check that are used during the van finance process. It’s important to know the differences between hard and soft credit checks before you make an application:

The types of checks that van finance companies make

There are two key types of credit check that are used during the van finance process. It’s important to know the differences between hard and soft credit checks before you make an application:

One

Hard credit check

Some van finance lenders use a hard check as soon as you get a quote. This affects your credit score, and can cause your score to drop even if you have good credit. It’ll stay on your credit file for 12 months and can make it more difficult to get accepted in the future.

Two

Soft credit check

When you get a quote we use a soft check. This doesn’t affect your score and lets us give you an immediate decision. If you’re approved, we’ll show you what your agreement could look like. We only use a hard check when contracts are drawn up for you to sign.

One

Hard credit check

Some van finance lenders use a hard check as soon as you get a quote. This affects your credit score, and can cause your score to drop even if you have good credit. It’ll stay on your credit file for 12 months and can make it more difficult to get accepted in the future.

Two

Soft credit check

When you get a quote we use a soft check. This doesn’t affect your score and lets us give you an immediate decision. If you’re approved, we’ll show you what your agreement could look like. We only use a hard check when contracts are drawn up for you to sign.

Can I get guaranteed van finance with no credit check?

No, guaranteed van finance with no credit check doesn’t exist. Nor does guaranteed van finance with no deposit, no guarantor, or for self-employed people. This is another common claim online but you should know that no responsible lender can guarantee van finance.

The lender will have the final say over whether you are approved for van finance. As explained earlier, the FCA’s rules mean that lenders must use a credit check to assess all applicants. This is to keep customers safe and to stop them from entering into agreements that are unsuitable and unaffordable for their circumstances.

We use a soft credit check when you get a quote, which does not affect your credit score. A soft check isn’t visible to anyone else other than you when you check your credit file. We only use a hard check with your permission when contracts are drawn up for you to sign.

Van finance for a better road ahead

We understand that just because you have bad credit, it doesn’t change the need for a reliable van to get around. We’re here to help find the right van for you, whether you have less-than-perfect credit, or have a CCJ or IVA.

Can I get guaranteed van finance with no credit check?

No, guaranteed van finance with no credit check doesn’t exist. Nor does guaranteed van finance with no deposit, no guarantor, or for self-employed people. This is another common claim online but you should know that no responsible lender can guarantee van finance.

The lender will have the final say over whether you are approved for van finance. As explained earlier, the FCA’s rules mean that lenders must use a credit check to assess all applicants. This is to keep customers safe and to stop them from entering into agreements that are unsuitable and unaffordable for their circumstances.

We use a soft credit check when you get a quote, which does not affect your credit score. A soft check isn’t visible to anyone else other than you when you check your credit file. We only use a hard check with your permission when contracts are drawn up for you to sign.

Van finance for a better road ahead

We understand that just because you have bad credit, it doesn’t change the need for a reliable van to get around. We’re here to help find the right van for you, whether you have less-than-perfect credit, or have a CCJ or IVA.

We’re proud to have over 30 years of experience helping people up and down the UK. We can even help people who are self-employed looking for van finance, or those who have been refused by mainstream lenders.

To get started with van finance, you’ll need:

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 20 and 75
  • A full valid UK driving licence
  • 2 consecutive months of payslips

We can provide finance for vans so long as they meet our lending criteria:

  • Be priced between £4,000-£35,000
  • No more than 125,000 miles on the clock
  • No more than 12 years old by the end of the agreement

We’re proud to have over 30 years of experience helping people up and down the UK. We can even help people who are self-employed looking for van finance, or those who have been refused by mainstream lenders.

To get started with van finance, you’ll need:

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 20 and 75
  • A full valid UK driving licence
  • 2 consecutive months of payslips

We can provide finance for vans so long as they meet our lending criteria:

  • Be priced between £4,000-£35,000
  • No more than 125,000 miles on the clock
  • No more than 12 years old by the end of the agreement

Van finance calculator

Try our van finance calculator to see what your agreement might look like. It’ll show you what your monthly payments could be, depending on how much you want to borrow.

No deposit van finance

We recognise that it can hard to save up a large deposit. Our expert team would be happy to help find a suitable agreement, whether that’s with or without a deposit.

What is CS finance?

It is important to completely understand the van finance agreement that you may be entering before making an application. Find out more about how our CS agreement works.