Business Car Finance for UK Companies
Flexible company car finance for directors, limited companies, and growing businesses
What Is Business Car Finance?
Business car finance allows UK companies and directors to fund company vehicles without paying the full cost upfront. Vehicles are financed over an agreed term using structured monthly repayments, helping preserve working capital and maintain predictable cashflow. This funding suits company cars, director vehicles, and small fleets. Ideal for limited companies, sole traders, and partnerships seeking flexible and commercially sensible vehicle financing.
At MacManus Asset Finance, we arrange business car finance through a wide panel of specialist UK lenders. With over 25 years’ experience and FCA regulation, we secure competitive terms aligned with company structure, trading profile, and cashflow.
How Business Car Finance Works
Step By Step
1. Choose the vehicle – new or used, dealer or private sale.
2. Confirm business structure – limited company, LLP, or sole trader.
3. Compare lenders and finance structures.
4. Agree deposit, term, and monthly repayments.
5. Complete documentation and release the vehicle.
Main Types of Business Car Finance
Hire Purchase (HP)
Fixed monthly repayments leading to ownership at term end.
Hire Purchase with Balloon (HPB)
Lower monthly payments with a larger final balance to improve cashflow.
Lease Purchase (LP)
Flexibility for director-led businesses with options at term-end.
Business Contract Hire
Fixed-term vehicle usage without ownership, ideal for predictable mileage.
Fleet Car Finance
Structured funding for multiple vehicles under one facility.
Supercar & Hypercar Finance
Bespoke structures for cars valued between £200,000 and £1 million+, with careful consideration given to projected residuals and vehicle provenance.
Benefits of Business Car Finance
Working with an expert broker provides clear advantages:
Preserve Capital
Retain liquidity for personal or business use rather than tying up large cash sums.
Predictable Monthly Costs
Balloon structures allow efficient access to high-value vehicles with manageable monthly outgoings.
Tax Efficiency
Certain structures offer tax advantages when vehicles are used for business purposes. (Always seek formal tax advice.)
Access to Better Vehicles
Mainstream lenders often avoid high-value, older, limited-edition, or seven-figure vehicles. Specialist lenders embrace them.
Scalable for Growth
Premium buyers expect confidentiality, speed, and expert handling.
Support for Rare & Appreciating Cars
Classic cars, homologation specials, and collector’s models often require bespoke underwriting.
Ability to Finance £1 Million+ Vehicles
Through select lenders, we can support ultra-high-value vehicles with full consideration of profile, provenance, and exit strategy.
Why Use a Business Car Finance Broker?
Working with MacManus Asset Finance gives SMEs:
- Compare multiple business car finance lenders
- Structure repayments around company cashflow
- Support limited companies, sole traders, and partnerships
- Fund single vehicles or full fleets
- Manage paperwork and lender communication
- Provide ongoing support as business grows
Apply for Car Finance
Fill out the form below or call us at 0330 027 0433 for more details and we'll get in touch to discuss your options.
Industries We Support
We arrange Business Car Finance across sectors including:
- Professional Services
- Construction & Engineering
- Logistics & Transport
- Healthcare & Dental Practices
- Trades & Contractors
- Hospitality & Leisure
- UK companies and director-led businesses
Each industry has unique cashflow patterns—we match SMEs with lenders who understand them.
Qualifications and Documents Needed
Lenders typically assess:
- Income (salary, dividends, drawings, bonuses)
- Personal and business credit history
- Liquidity and asset profile
- Vehicle type, age, mileage, and value
- Dealer or private seller details
Documents required may include:
- Photo ID and address verification
- 3–6 months of bank statements
- Proof of income or company accounts
- Invoice or sale agreement
- For classics: provenance documents, service history, valuations
Why Choose MacManus Asset Finance?
- 25+ years’ experience in Business Car Finance
- Award-winning broker – Business Moneyfacts Asset Finance Broker of the Year 2024, commended 2025.
- Independent and FCA-regulated – impartial advice you can trust.
- Access to specialist SME lenders
- Transparent comparisons and advice
- Dedicated support from application to completion
- Trusted by UK businesses nationwide
Frequently Asked Questions
Yes — selected lenders support £1M+ vehicles.
Yes — auctions and private purchases included.
Yes — rarity and provenance matter, not just age.
Absolutely — tailored to vehicle and buyer.
Yes — via HP or LP (seek tax advice).
Most lenders provide decisions within 24–48 hours.
Related Finance Options
Asset Finance
Expand, hire more staff or increase cash flow.
- Up to £500,000 unsecured
- From 5% per annum
- 3 months to 5 years term
Invoice Finance
Turn unpaid invoices into working capital right away.
- Up to 90% of invoice value
- From 1 to 3% and discount rates from 1.7% over base
- Rolling or fixed agreements
Business Loans
Break your VAT bill into manageable payments.
- Drive now, pay monthly. Don’t pay it all at once.
- Up to £2.000,000+
- 1 to 5 years term
VAT Loans
Drive now, pay monthly. Don’t pay it all at once.
- Up to £2.000,000+
- From 9.9% APR subject to credit profile
- 1 to 5 years term
Car Finance for UK Businesses | Award-Winning Asset Finance Brokers
Discover tailored car finance with MacManus Asset Finance. Independent, FCA-regulated asset finance brokers with 25+ years’ experience.
- OR CALL
- 0330 027 0433
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Finance Partner
We analyze your business profile to match you with
the right finance—fast and fee-free.
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