Van finance

Looking to get a van on finance? Seeking out a van loan?
To get started you will need:
  • Monthly earnings over £1,000 (after tax)
  • To be aged between 21 and 70
  •  A full valid UK driving licence
  • 2 consecutive months of payslips or bank statements

What your van loan could look like

  • Monthly payment: £000.00
  • Total to repay: £00,000.00
  • Calculated APR: 00.0%

Representative 31.9% APR

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On average our customers rate our service 4.3 out of 5. (June 2021)

Van finance

Looking to get a van on finance? Seeking out a van loan?

To get started you will need:

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 21 and 70
  •  A full valid UK driving licence
  • 2 consecutive months of payslips or bank statements
Feefo logo
On average our customers rate our service 4.3 out of 5. (June 2021)

What your van loan could look like

  • Monthly payment: £000.00
  • Total to repay: £00,000.00
  • Calculated APR: 00.0%

Representative 31.9% APR

On this page we’ll walk you through the entire van finance process – including how everything works, our lending criteria, useful guides, and how you can get started today! We understand how important it is to have a van that is reliable and trustworthy. And with our broad selection of finance options, we’re confident we can help you find the right van.

On this page we’ll walk you through the entire van finance process – including how everything works, our lending criteria, useful guides, and how you can get started today! We understand how important it is to have a van that is reliable and trustworthy. And with our broad selection of finance options, we’re confident we can help you find the right van.

How does van finance work?

A van loan is when you borrow money to cover the cost of your new van. Van finance can be a great option for many, as it gives you access to a van without having to pay any lump sums up front. Instead you will pay back an amount each month until the cost of the finance has been paid off. But with so many options on how to get van finance, it can be hard to know the best way to do it.

Depending on the lender and the type of van finance you decide to go for you might be able to put a deposit towards your new vehicle and therefore you won’t need such a large van loan.

Getting a van on finance is also heavily dependent on your eligibility for the loan itself. When you apply for van finance your application will go through eligibility and affordability. This will check several things including if you are legally able to drive, live in the UK but also if you can afford the monthly repayments of the loan.

The process of financing a van from beginning to end will be different depending on the lender you choose to go for. Our application process has been designed to make your financing experience as simple and easy as possible.

How does van finance work?

A van loan is when you borrow money to cover the cost of your new van. Van finance can be a great option for many, as it gives you access to a van without having to pay any lump sums up front. Instead you will pay back an amount each month until the cost of the finance has been paid off. But with so many options on how to get van finance, it can be hard to know the best way to do it.

Depending on the lender and the type of van finance you decide to go for you might be able to put a deposit towards your new vehicle and therefore you won’t need such a large van loan.

Getting a van on finance is also heavily dependent on your eligibility for the loan itself. When you apply for van finance your application will go through eligibility and affordability. This will check several things including if you are legally able to drive, live in the UK but also if you can afford the monthly repayments of the loan.

The process of financing a van from beginning to end will be different depending on the lender you choose to go for. Our application process has been designed to make your financing experience as simple and easy as possible.

Getting started with van finance

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

• Monthly earnings over £1,000 (after tax)
• To be aged between 21 and 70
• A full valid UK driving licence
• 2 consecutive months of payslips or bank statements

We can provide a van on finance so long as it meets the following criteria:

• Financing a van from £4,000 – £25,000
• Maximum of 120,000 mileage on the vehicle
• No older than 12 years at the end of the agreement

For full information, please visit our lending criteria page. 

We also specialise in van finance and van loans for people with poor credit. Whether you’re self-employed, or have an IVA or CCJ, we can help.

Van Finance Cardiff
Van Finance Cardiff

Getting started with van finance

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

• Monthly earnings over £1,000 (after tax)
• To be aged between 21 and 70
• A full valid UK driving licence
• 2 consecutive months of payslips or bank statements

We can provide a van on finance so long as it meets the following criteria:

• Financing a van from £4,000 – £25,000
• Maximum of 120,000 mileage on the vehicle
• No older than 12 years at the end of the agreement

For full information, please visit our lending criteria page. 

We also specialise in van finance and van loans for people with poor credit. Whether you’re self-employed, or have an IVA or CCJ, we can help.

Van finance types

At Moneybarn we use a conditional sale agreement for van finance, which means you have full use of the van for the term of the agreement and it will be registered in your name. However, we will remain the legal owner until all repayments are made. You can find a breakdown of how this compares to other finance options on our finance explained page.

If you are looking to finance a van with another lender, then you could be offered a Hire Purchase, Personal Contract Purchase, personal loan or a lease.

A Hire Purchase (HP) is where you hire the van from the lender until you have paid off your debt, which is very similar to a Conditional Sale Agreement. Once you’ve finished paying the lender back, there is an option to buy the van outright. This is referred to as an ‘option to purchase’ fee and is usually around £100-£200. You’ll only own the vehicle outright once all repayments have been made and you’ve paid the option to purchase fee.

A Personal Contract Purchase (PCP) might be better suited to some as it gives you more flexibility at the end of your agreement, and the monthly repayments tend to be cheaper. It’s where you pay a deposit followed by monthly repayments for an agreed amount of time. At the end of this time period, you have the choice to either hand back the van or pay an amount to buy the vehicle outright. The cost to buy the vehicle is referred to as the Guaranteed Minimum Future Value fee and will vary depending on the make and model of the van.

You can also get a van on lease. What this simply means is you are renting the vehicle for an agreed period of time, but you will never have the option to purchase it. You pay a deposit, or a larger initial payment, followed by fixed payments over a set period of time.

You can compare the advantages and disadvantages of different types of finance such as finance vs personal loan on our finance explained page. This will help you understand what might be best for you.

Conditional Sale Agreement illustration

Van Finance Conditional Sale Agreement

Van finance types

At Moneybarn we use a conditional sale agreement for van finance, which means you have full use of the van for the term of the agreement and it will be registered in your name. However, we will remain the legal owner until all repayments are made. You can find a breakdown of how this compares to other finance options on our finance explained page.

Conditional Sale Agreement illustration

Van Finance Conditional Sale Agreement

If you are looking to finance a van with another lender, then you could be offered a Hire Purchase, Personal Contract Purchase, personal loan or a lease.

A Hire Purchase (HP) is where you hire the van from the lender until you have paid off your debt, which is very similar to a Conditional Sale Agreement. Once you’ve finished paying the lender back, there is an option to buy the van outright. This is referred to as an ‘option to purchase’ fee and is usually around £100-£200. You’ll only own the vehicle outright once all repayments have been made and you’ve paid the option to purchase fee.

A Personal Contract Purchase (PCP) might be better suited to some as it gives you more flexibility at the end of your agreement, and the monthly repayments tend to be cheaper. It’s where you pay a deposit followed by monthly repayments for an agreed amount of time. At the end of this time period, you have the choice to either hand back the van or pay an amount to buy the vehicle outright. The cost to buy the vehicle is referred to as the Guaranteed Minimum Future Value fee and will vary depending on the make and model of the van.

You can also get a van on lease. What this simply means is you are renting the vehicle for an agreed period of time, but you will never have the option to purchase it. You pay a deposit, or a larger initial payment, followed by fixed payments over a set period of time.

You can compare the advantages and disadvantages of different types of finance such as finance vs personal loan on our finance explained page. This will help you understand what might be best for you.

How much will van finance cost?

Applying for van finance and the cost of it is different for everyone. Depending on your personal circumstances such as salary, residential status, and credit score, your van finance eligibility will be different to everyone else. You can use our van finance calculator to help you gain a better idea of the costs involved. It allows you to set a specific budget alongside the length of your van loan, it includes the estimated costs of monthly repayments, the total you’d repay and the calculated APR.

If the first quote you receive isn’t quite what you were looking for, we suggest playing around with the calculator. This will help narrow down the best van finance deal for you.

If you’re still unsure what van to pick, that’s fine! Apply today and we can help guide you through the rest.

How much will van finance cost?

Applying for van finance and the cost of it is different for everyone. Depending on your personal circumstances such as salary, residential status, and credit score, your van finance eligibility will be different to everyone else. You can use our van finance calculator to help you gain a better idea of the costs involved. It allows you to set a specific budget alongside the length of your van loan, it includes the estimated costs of monthly repayments, the total you’d repay and the calculated APR.

If the first quote you receive isn’t quite what you were looking for, we suggest playing around with the calculator. This will help narrow down the best van finance deal for you.

If you’re still unsure what van to pick, that’s fine! Apply today and we can help guide you through the rest.

What types of vans can I get finance for?

At the end of your online application, you can browse vehicles within your budget using our vehicle finder tool. But with such a wide range of brands and types choose from, it can be tricky to find the perfect van for you.

To provide some help, we’ve created a page that runs over the top van brands and lists their pros and cons, so you can make a more informed decision.

These include:

Ford van finance
Volkswagen van finance
Vauxhall van finance
Citroen van finance
Mercedes van finance

Our van buying guide outlines useful questions you should be asking yourself during the van selection process – such as how the van will be used, if it fits your budget, how much storage space you will need, and more.

What types of vans can I get finance for?

At the end of your online application, you can browse vehicles within your budget using our vehicle finder tool. But with such a wide range of brands and types choose from, it can be tricky to find the perfect van for you.

To provide some help, we’ve created a page that runs over the top van brands and lists their pros and cons, so you can make a more informed decision.

These include:

Ford van finance
Volkswagen van finance
Vauxhall van finance
Citroen van finance
Mercedes van finance

Our van buying guide outlines useful questions you should be asking yourself during the van selection process – such as how the van will be used, if it fits your budget, how much storage space you will need, and more.

No late fees

Missing a payment can be stressful enough so we don’t charge late fees.

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We pride ourselves on providing a service that our customers love.

Build your credit

Keeping up with your payments can help improve your credit score.

What our customers say about us​​

What our customers say about us​​

Van finance guides

Buying a van

There’s a lot to consider when buying a new van, luckily we have a useful guide to help you through the process from beginning to end. 

How to make sure your van goes the distance

A van for many is more than just getting you from A-B. It’s your livelihood. Make sure it goes the distance with these handy tips.

Which van brand is right for me?

With so many different van brands on the market, it can be difficult to know which one is right for you. Take a look at the different van brands and models in our useful guide to help you decide.

How to keep your van safe

Whether or not you use your van for work, a van can be extremely appealing for thieves as they often hold expensive items. Protect your van and its contents from thieves by following these 10 tips.

Why choose Moneybarn for van finance?

As the UK’s leading lender of specialist car, van and motorbike finance, we’ve been supporting thousands of people up and down the country with van finance for many years. We’re motivated by our focus on achieving great customer results, and aim to make financing a van as simple and seamless as possible.

Our hard work has earned us many major industry awards over the years. We were recently awarded ‘Non-Prime Lender of the Year’ at the Motor Finance Europe Awards 2020, as well as the ‘Feefo Platinum Award 2020’ and ‘Best Brand at the Lending Awards 2020’.

Why choose Moneybarn for van finance?

As the UK’s leading lender of specialist car, van and motorbike finance, we’ve been supporting thousands of people up and down the country with van finance for many years. We’re motivated by our focus on achieving great customer results, and aim to make financing a van as simple and seamless as possible. 

Our hard work has earned us many major industry awards over the years. We were recently awarded ‘Non-Prime Lender of the Year’ at the Motor Finance Europe Awards 2020, as well as the ‘Feefo Platinum Award 2020’ and ‘Best Brand at the Lending Awards 2020’.

We only use a soft search at application, which means it won’t affect your credit score. As a vehicle finance company who want to help all their customers onto a better road ahead, we accept applications when other lenders might not. 

  • Specialise in poor credit
  • We accept IVAs
  • We accept CCJs

We understand the importance of having a reliable van whether it’s getting to work, doing the school run or going about your daily lives. Our broad finance option should help you find the right van for you.

  • Financing a van from £4,000 - £25,000
  • Maximum of 120,000 mileage on the vehicle
  • No older than 12 year at the end of the agreement

We only use a soft search at application, which means it won’t affect your credit score. As a vehicle finance company who want to help all their customers onto a better road ahead, we accept applications when other lenders might not. 

  • Specialise in poor credit
  • We accept IVAs
  • We accept CCJs

We understand the importance of having a reliable van whether it’s getting to work, doing the school run or going about your daily lives. Our broad finance option should help you find the right van for you.

  • Financing a van from £4,000 - £25,000
  • Maximum of 120,000 mileage on the vehicle
  • No older than 12 year at the end of the agreement

Van finance with bad credit

Need a van but can’t get one due to poor credit? As bad credit specialists, we understand that you need a reliable vehicle so that you can get to work, click below to find out how we can help you.

Our van finance application process

Van finance can be confusing, but luckily we’re on hand to keep things simple. Our expert guides will help explain the finance process.

Van finance for self-employed

Are you self-employed and have poor credit? Even if other lenders have rejected your application before, buying a van with bad credit is possible with Moneybarn.