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Everything you need to know about Van Finance.

Owning a van is vital for many businesses. Whether your business relies directly upon a fleet of commercial vans or you use a pickup to run errands throughout the week, owning a well-maintained van can streamline your business operations and maximise productivity.

That’s why we at Global Vans offer a range of customer-approved van finance packages for all budgets and requirements. With our selection of funding opportunities, it’s never been easier or more manageable to drive your business forward.

Contract Hire

Our Contract Hire van financing packages are a popular choice amongst both VAT-registered and non-VAT-registered companies, especially those looking to cut costs without compromising on financial control and flexibility. This is certainly possible with our VAT-beneficial financial package. With just one regular rental payment, we’ll cover all risks (including the cost of depreciation and disposal) for a pre-agreed length of time and mileage. The package, which includes Road Fund License, also gives you the opportunity to include roadside rescue, maintenance and relief vehicle provision as extras.

The benefits of Contract Hire:

Van Finance Lease

Ideal for both VAT–registered and non-VAT registered companies who want to handle the administration of their vehicles, and have the asset shown on their balance sheet. A VAT – beneficial option where the hirer can choose to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the lease period with a final payment based on the anticipated resale value of the vehicle.

The benefits of Van Finance Lease:

Hire/Lease Purchase

Ideal for VAT-registered companies that want eventual ownership of the vehicle. A funding agreement where the company acquires ownership when all payments, including the purchase payment have been made. Part of the capital cost of the vehicle payment may be deferred into a Balloon Payment at the end of the agreement, which equates to the anticipated market value of the vehicle at the end of the agreed leasing period.

The benefits of Lease Purchase:

Do you still have questions? Contact us, and we’d be happy to answer any other queries you may have.