Van Finance FAQs

If you have never applied for van finance before, you are likely to have some questions. Here are some that we have been asked before, but if you have a query which is not listed below, please don’t hesitate to get in touch and speak to one of our experts.

What Type of Van Finance is Available at Eden Commercials?

At Eden Commercials, we offer tailored hire purchase deals, which allow you to pay for your van in easy monthly instalments over an extended period of time rather than paying a hefty sum to buy it outright.

For the contract duration, the vehicle will belong to the finance provider, but at the end of the agreement, once all of the repayments have been made, you will become the vehicle’s legal owner.

How Long Does a Van Finance Agreement Last?

A hire purchase agreement will typically last between one and five years. Our van finance deals are tailored to suit your budget and requirements, so you can change your deposit amount and your contract duration to ensure that the monthly payments are affordable for you.

Can I Apply for Van Finance with Bad Credit?

We work with multiple lenders to make sure that our customers have the best chance of being approved for van finance.

While some prefer to work with individuals with a good or excellent credit rating, we also work with providers who specialise in bad credit van finance, so if your credit score is below average, we may still be able to help you.

Can I Apply if I am a Sole Trader or a New Business?

Being a sole trader or a new business does not mean that your finance application will be denied. The finance companies that Eden Commercials is partnered with have been able to help applicants with various circumstances.

Can I Apply for Van Finance if My Business is Not VAT Registered?

Not being VAT registered will not affect your eligibility, but you may miss out on the tax benefits.

How Do I Apply for Van Finance?

To apply for finance with Eden Commercials, simply choose the perfect vehicle from our vast and varied selection of used vans in Appleby, Cumbria, then complete our online van finance application form. Our finance team will contact you as soon as possible to discuss the next steps.