You might have heard of companies offering van finance with no deposit. Our guide explains what you should be aware of when considering no deposit van finance.
You might have heard of companies offering van finance with no deposit. Our guide explains what you should be aware of when considering no deposit van finance.
No deposit van finance is when you don’t have to pay anything upfront at the start of your finance agreement. It could help you spread the cost of a new van over time, if you don’t have the money to put down straight away.
We offer a Conditional Sale agreement, which means that you have full use of the van throughout the agreed period of time. Once you make your final repayment, you will legally own the van. This is different from leasing, because with leasing the finance company always owns the van.
We understand that it might be hard to save for a deposit, which is why you might be looking for 0 deposit van finance. We ensure that our van finance is affordable, sustainable, and suitable for your circumstances.
Getting approved for van finance with no deposit depends on several factors. One of these is your credit score and history. Having good credit might help increase your chances, if you’re interested then check out our guide on how to improve your credit score.
Some of our agreements may require a deposit, based on personal factors such as affordability and credit score. Our team would be happy to discuss your options and find what’s best for you.
No deposit van finance is when you don’t have to pay anything upfront at the start of your finance agreement. It could help you spread the cost of a new van over time, if you don’t have the money to put down straight away.
We offer a Conditional Sale agreement, which means that you have full use of the van throughout the agreed period of time. Once you make your final repayment, you will legally own the van. This is different from leasing, because with leasing the finance company always owns the van.
We understand that it might be hard to save for a deposit, which is why you might be looking for 0 deposit van finance. We ensure that our van finance is affordable, sustainable, and suitable for your circumstances.
Getting approved for van finance with no deposit depends on several factors. One of these is your credit score and history. Having good credit might help increase your chances, if you’re interested then check out our guide on how to improve your credit score.
Some of our agreements may require a deposit, based on personal factors such as affordability and credit score. Our team would be happy to discuss your options and find what’s best for you.
To get an idea of what your agreement might look like, why not try our van finance calculator? Put in how much you’d like to borrow, for how long, and your credit score, and it’ll give you an indication of what your monthly repayments might be.
To get an idea of what your agreement might look like, why not try our van finance calculator? Put in how much you’d like to borrow, for how long, and your credit score, and it’ll give you an indication of what your monthly repayments might be.
We can provide van finance as long as it meets the following criteria:
Please note: we do not finance VAT, and do not finance base chassis vans, minibuses, or vans that have had specialist body work such as cherry pickers. We also do not finance vans to be used as a taxi, minicab, for hire, or for house removals.
To get van finance you’ll need:
We can provide van finance as long as it meets the following criteria:
Please note: we do not finance VAT, and do not finance base chassis vans, minibuses, or vans that have had specialist body work such as cherry pickers. We also do not finance vans to be used as a taxi, minicab, for hire, or for house removals.
To get van finance you’ll need:
There has been an error and we are unable to provide you with a quote. Please click here to continue with your application.
There has been an error and we are unable to provide you with a quote. Please click here to continue with your application.
I got a Citroen Berlingo van financed by Moneybarn in early 2022 and I haven’t looked back! The service given by Moneybarn has been great, and I am happy with my vehicle. I would recommend them to a friend as the process to get a van was easy and smooth –Â Paul C.
There are lots of personal factors that a lender looks at before offering you finance, however there are some things you could do that might increase your chances of getting finance. Some of these are:
It’s important to understand that there is no particular credit score needed to get no deposit van finance, but improving your credit score could help.
If you have bad credit, you might find you need to use a specialist lender to get van finance with no deposit. Even if you’ve been refused by other lenders, we might be able to help.
Just because you missed a payment in the past, went bankrupt, or had a CCJ or IVA, it doesn’t change the need to have a reliable van. That’s why we’re proud to have over 30 years of experience helping people up and down the UK get the vehicle they need.
If you’re ready, get a quote today and see if we could help you. Or if you’d like more information, check out our guide that explains what bad credit van finance is and how it works.
No, this doesn’t exist. You might have seen lenders that advertise guaranteed van finance without a deposit. No responsible lender can guarantee van finance with no deposit without running checks to make sure the finance is affordable and suitable to you.
Think of it this way: everyone is different, and so is everyone’s eligibility for van finance. Getting van finance with no deposit depends on personal factors such as affordability. A legitimate lender will ensure that any finance they offer is affordable, which is why no one can guarantee you van finance of any form, with or without a deposit.
If you do see anyone claiming otherwise, you should be careful. For more information, please see our guide that explains why guaranteed finance is a myth.
Paying a deposit upfront can help if you’re getting a van that would otherwise be outside of your affordability. This is because a deposit helps to reduce the monthly repayments.
No deposit van finance can make getting a new van more affordable at the beginning, because you don’t need to pay a lump sum. This means you could get the van you need without having to wait to save up a deposit.
However, doing this might cost more in the long run. This is because you would borrow more money, which means you would usually pay more in interest. Your agreement might also be longer, which means it will take more time until you legally own the van.
If you’re still not sure whether to make a deposit, our team can explain the options available to you, so you can make an informed decision.
I got a Citroen Berlingo van financed by Moneybarn in early 2022 and I haven’t looked back! The service given by Moneybarn has been great, and I am happy with my vehicle. I would recommend them to a friend as the process to get a van was easy and smooth –Â Paul C.
There are lots of personal factors that a lender looks at before offering you finance, however there are some things you could do that might increase your chances of getting finance. Some of these are:
It’s important to understand that there is no particular credit score needed to get no deposit van finance, but improving your credit score could help.
If you have bad credit, you might find you need to use a specialist lender to get van finance with no deposit. Even if you’ve been refused by other lenders, we might be able to help.
Just because you missed a payment in the past, went bankrupt, or had a CCJ or IVA, it doesn’t change the need to have a reliable van. That’s why we’re proud to have over 30 years of experience helping people up and down the UK get the vehicle they need.
If you’re ready, get a quote today and see if we could help you. Or if you’d like more information, check out our guide that explains what bad credit van finance is and how it works.
No, this doesn’t exist. You might have seen lenders that advertise guaranteed van finance without a deposit. No responsible lender can guarantee van finance with no deposit without running checks to make sure the finance is affordable and suitable to you.
Think of it this way: everyone is different, and so is everyone’s eligibility for van finance. Getting van finance with no deposit depends on personal factors such as affordability. A legitimate lender will ensure that any finance they offer is affordable, which is why no one can guarantee you van finance of any form, with or without a deposit.
If you do see anyone claiming otherwise, you should be careful. For more information, please see our guide that explains why guaranteed finance is a myth.
Paying a deposit upfront can help if you’re getting a van that would otherwise be outside of your affordability. This is because a deposit helps to reduce the monthly repayments.
No deposit van finance can make getting a new van more affordable at the beginning, because you don’t need to pay a lump sum. This means you could get the van you need without having to wait to save up a deposit.
However, doing this might cost more in the long run. This is because you would borrow more money, which means you would usually pay more in interest. Your agreement might also be longer, which means it will take more time until you legally own the van.
If you’re still not sure whether to make a deposit, our team can explain the options available to you, so you can make an informed decision.
The main difference between van finance and leasing is that with leasing you will never legally own the van. If you decide to get van finance with us, you legally own the van once you make your final repayment.
Leasing is like renting since you only use the van for a set period of time, you then have to hand it back to the finance company. With our van finance, you have full access to the van, and get to keep it once you make your final repayment. Even better, you won’t have to pay an additional fee.
If you’re ready, get a quote and see if we can help you onto a better road ahead.
In short, no. Having good credit might increase your chances of being approved for van finance, but no one can guarantee that for certain. Having poor credit just means you might have to use a specialist lender.
To see if we could help you, get a quote today. We use a soft search which doesn’t affect your credit score, and will tell you if we can help.
Yes, financing a van may be tax deductible. The method for claiming it as tax relief depends on several factors, including the type of accounting you use.
For more information, check out the GOV.UK guide to van expenses.
The main difference between van finance and leasing is that with leasing you will never legally own the van. If you decide to get van finance with us, you legally own the van once you make your final repayment.
Leasing is like renting since you only use the van for a set period of time, you then have to hand it back to the finance company. With our van finance, you have full access to the van, and get to keep it once you make your final repayment. Even better, you won’t have to pay an additional fee.
If you’re ready, get a quote and see if we can help you onto a better road ahead.
In short, no. Having good credit might increase your chances of being approved for van finance, but no one can guarantee that for certain. Having poor credit just means you might have to use a specialist lender.
To see if we could help you, get a quote today. We use a soft search which doesn’t affect your credit score, and will tell you if we can help.
Yes, financing a van may be tax deductible. The method for claiming it as tax relief depends on several factors, including the type of accounting you use.
For more information, check out the GOV.UK guide to van expenses.
We’ve made a handy guide explaining how our van finance works. Find out more about application process from start to finish.
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Moneybarn is a member of the Finance and Leasing Association, the official trade organisation of the motor finance industry. The FLA promotes best practice in the motor finance industry for lending and leasing to consumers and businesses.
Moneybarn is the trading style of Moneybarn No. 1 Limited, a company registered in England and Wales with company number 04496573, and Moneybarn Limited, a company registered in England and Wales with company number 02766324. The registered address for these companies is: Athena House, Bedford Road, Petersfield, Hampshire, GU32 3LJ.
Moneybarn’s VAT registration number is 180 5559 52.
Moneybarn Limited is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702781)
Moneybarn No. 1 Limited  is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702780)
