Self-employed van finance

Whether you're a courier, builder, mobile hairdresser or just need one to get you from A to B, we know how crucial a van is to your business. Without it, your enterprise simply can't operate in the same way - or at all. But the upfront cost can be off-putting, especially when you've got so many other overheads to think about. And if you're self-employed, van finance can be harder to come by than it is for other applicants. That's where First Response Finance can help you. 

We can offer van finance for sole traders or those who are self-employed and we do so via Hire Purchase agreements. You can borrow between £2,000 and £15,000, with the option to repay over 18 - 61 months. We're an award-winning motor finance lender, and we want to help you find the right van, on terms that work for you and your business.

Here's a simple step-by-step guide:

1. You pay a deposit on the van and borrow the rest of the money from us via a Hire Purchase agreement.
2. You make fixed weekly or monthly repayments over a pre-agreed period.
3. You're charged interest on those instalments, which means at the end of the agreement you'll have paid back more than you borrowed.
4. Once the finance is all paid off, the van is legally yours.

Just so you know... you may not always have to pay a deposit. It will depend on the cost of the van and your credit limit. 

Craig, our Head of Underwriting, can offer his expert insight to help answer that one:

"Securing van finance can be more challenging if you're self-employed due to the perceived unpredictability of your income and lack of traditional financial history. Some lenders prefer applicants with a steady, salaried job. However, we work tirelessly to make the process as accessible as possible, considering the unique circumstances of self-employed individuals. We understand the value of your work and take a more flexible approach to ensure you can get the finance you need to keep your business moving forward."

We understand the challenges you may face in trying to secure van finance as a self-employed person. We'll take the time to get to know your situation and do everything we can to offer an agreement that's affordable for you. It's an approach that's served us well in the past, as you can see:

• We've approved more than 200,000 customers for finance
• 98% of our customers would recommend us
• We've been voted the UK's No.1 motor finance lender on Review Centre
• For four years in a row, we've been named Best Car Finance Provider at the Consumer Credit Awards
• We've earned Feefo's Platinum Trusted Service Award five times in the last six years