One of the biggest stumbling blocks to starting a van business is raising enough funds for a vehicle deposit. This can cost a huge chunk of capital that you could be putting towards customising your vehicle and other investment. With van finance with 0% down, you get full financing for your vehicle, leaving you with more money left over to grow your business faster. An arrangement that allows you to get to work making money quickly and without fear of added interest charges.
0 percent van finance ensures you get additional credit when you need it, without the burden of extra interest expenses. This interest-free benefit will ensure you effectively enjoy an extension on your credit of just what would have been the deposit amount.
100% financing on the purchase price – Running a business is difficult when you have to dig into your capital to buy assets. With 0 deposit van leasing, you do not have to stress about raising the deposit to acquire the vehicle you need for your fleet. You can set aside or sell off your older vehicle and immediately get back to work offering services to your clients with the new one.
Easy access to vehicles – With no deposit required for the purchase of an asset like a van, you have an easier time putting together the requirements for asset financing. As long as you can prove you have the ability to make the repayment, you can go through a streamlined process that will get you behind the steering wheel of your desired vehicle fast.
Frees up cash – Without the need to put down a deposit to acquire a van for your business, you can better redirect finances where you need them. Whether it is to pay staff salaries or make payments on other loans, you can enjoy better liquidity that will help keep your business running more smoothly.
Tax relief – Borrowings for qualifying business purposes can make you eligible for tax relief. This may allow you to save as much as 45% on the cost of interest charges though it does not affect the capital element. With large borrowings for van purchases, this can add up to a substantial amount that will leave you with more money in the bank account.
While a brand new vehicle is the aspiration of many, you can often get nearly as good value from a newly used-van. Many of the top models have an excellent and durable build such that there is not much difference between a newly manufactured vehicle and one that has been in use for a few months. With such comparable quality, you may find that a newly used model offers much lower monthly repayments than if you opt for a factory-new version, yet both are capable of the same work.
If you are looking to ensure the best value for money, do consider 0 finance used-vans. Not only are they a cheaper option that still delivers quality, but you also do not have to worry about the steep decline in value as what happens when you purchase a brand new vehicle. We have access to a database of tens of thousands of vehicles that are in excellent condition and qualify for financing. We recommend carrying out some comparison shopping to ensure you are getting the best deal possible for your investment.
For those whose credit score is not at its best, it does not mean you cannot get help. It is not uncommon to face rejection from most lenders when you have had a tough financial history. Whether it is late payments or loan defaults, there are many reasons your past credit would have suffered.
However, there are options for second, third, even fourth chances. One of the best ways to get back on good footing is to access more credit and repay faithfully. With each timely payment, your credit score will gradually improve, making it easier and more affordable for you to access credit in later years.
Our credit team takes a broader view when it comes to considering applications from borrowers with poor credit scores. We do not believe that a bad credit score means that a borrower is irredeemable. Every person has their own set of circumstances that led to that financial difficulty. We carefully assess each application with a view to ensuring whatever credit facility we grant is good for you and us.
If you are running a transport business that would benefit from having a new vehicle added or replace another in your fleet, then consider taking up zero deposit van finance. With a generous repayment period, you can spread out the cost of purchase and use the monthly repayments to build up your credit score. Providing quality service requires that you have quality machinery at your disposal. Upgrade your fleet with a newly used-van at minimal initial outlay paid out of pocket.
At Euphoria Finance we have an incredible number of quality used cars available to you. Even if you have a history of bad credit, we can help you find a used-van finance deal that suits your budget and requirements perfectly.
Many people assume you can only get credit when purchasing a new-van. This simply isn’t true! We have countless usedvan available to you, with brands including:
At Euphoria Finance we have the expertise to help you secure affordable finance on a used-van. We are experienced in helping even those with bad credit to finance the van of their dreams. We are here to help you hit the road in your new-van without breaking the bank.
When you come to us for used-van finance, we will assess your requirements individually. We understand that every single customer is different and ensure every van finance-deal is tailored to the individual. By carefully evaluating the needs of each customer we talk to, Euphoria Finance can accept many more people for van leasing than other lenders.
One of our goals is to ensure each of our customers has the best vam finance package based on their personal circumstances. Euphoria Finance will always give you the best possible price and finance on your used-van.
Euphoria Finance is dedicated to securing you the best van finance package based on your personal circumstances whilst giving you the best possible price. Because we are a direct lender, we are able to do things differently, enabling us to serve customers refused finance elsewhere.
Once you have completed a no obligation finance quote we can get you approved super quickly because we are a direct lender, not a broker. Once approved we have over 50,000 vans available for you to choose from.
At Euphoria Finance we can operate solely online and via the telephone, meaning we can offer you finance-deals on used cars wherever you are located. Once you have selected a vehicle you are welcome to collect, or we can deliver nationwide – whatever is easiest for you! You’re then free to enjoy your new car.