How Can Financing a Van Fleet Aid My Business?

Vanaways
Vanaways
11th Dec 2023
How Can Financing a Van Fleet Aid My Business?

If your business is expanding, then you may be considering investing in a fleet of vans. A van fleet offers you the resources to meet higher demands and complete your business tasks with more efficiency, making this an invaluable investment.

Buying a whole van fleet is, however, a rather costly feat. Thankfully, you have the option of fleet finance. Read on as we discuss how financing a van fleet can benefit your business.

Create a Fleet for Less

We’re sure you’re well aware of the benefits that having access to a fleet of vehicles can offer you; more vehicles allow you to meet more business demands, business operations become more streamlined and efficient, you can reach a wider scope of business without worrying about your vehicle being out of action – it’s clear that owning a van fleet is indispensable when growing your business.

Of course, financially, this isn’t the most feasible. Unless you opt for financing, that is. Financing offers you a flexible, cost-effective way to create a van fleet, since you simply pay a deposit followed by a fixed monthly payment to secure the use of the vehicles, which also makes it easier to manage your business’s cash flow.

Easier Fleet Maintenance

Financing your fleet also saves you money and hassle when it comes to fleet maintenance. Commercial fleet management can be an expensive affair, one which requires immense organisation to stay on top of – especially when it comes to maintenance and repairs.

When it comes to fleet financing agreements, however, most of these often include scheduled maintenance within the contract, with an additional maintenance package being available as an optional extra included in your monthly repayments.

On top of that, by leasing a fleet of new vans, you’ll be less likely to encounter significant mechanical issues and will also benefit from comprehensive warranty coverage. All of these factors help to reduce the costs you’d need to pay in the event that repairs were needed.

Tax Benefits

Another financial benefit fleet finance offers your business is the tax advantages that come with it. Assuming that you’ll use the vehicles in your fleet solely for business, then you should be able to claim back a portion of the VAT on your lease payments, as well as deduct the lease costs as an allowable business expense in your annual tax return.

These benefits can result in substantial savings that put your business in a stable financial position and allow you to invest in other areas of your business, all while you still get to reap the benefits of operating a fleet of vehicles.

We do strongly recommend that you speak with a tax advisor or accountant to fully understand the potential tax benefits that would be available to your business specifically.

Get in Touch

So, are you looking for unbiased opinions and expert advice on arranging a fleet to suit your needs, along with competitive financing options? If so, then you’ve come to the right place here at Vanaways.

We have access to most manufacturers’ makes and models of vans, which we are available to offer to you at an affordable price through a range of financing options – if you’re looking for the best deals, Vanaways is where to find them.

Get in touch with us today to speak to an expert about your options.

Vanaways Reviews

   
Mark Carter

Mark Carter

01 April 2025

"First class service, I must mention Adrian & Ash on an excellent deal & swift turn around under the short notice I had to buying a new van. Slight delay in the delivery of the van from manufacturers end but Adrian agreed to cover the cost of a hire van until my new van was delivered which allowed me to continue working. its the first time i've purchased a van without physically entering a dealership and i wouldn't hesitate to do it again."

Jackie Lee

Jackie Lee

28 March 2025

"Excellent service from start to finish. Jake Wheelock was professional, efficient and really genuinely helpful. Had my truck in less than 2 weeks. Great communication and reliable. Would highly recommend!"

Paul

Paul

29 April 2025

"Overall dealings were good. Broadly speaking, response to emails could've been more timely. Joe, Snr Cust Service advisor in particular, was very good indeed. Sorted out the paperwork issues promptly. Overall, would recommend."

Steve Cole

Steve Cole

14 May 2025

"Great service, great price, great communication. As it should be done, They made it so easy to buy two vans. 10/10"

Jessica Allard

Jessica Allard

11 March 2025

"From start to finish Morgan and the team have been fantastic in sorting 2 new defenders out for us from the quote 3 weeks ago to them being delivered they have been brilliant the deal they got us was unbeatable thank you Lewis @ steve Allard and son stonemasons"

4.9 out of 5 from 450 reviews
Back to top