Are you a self-employed professional in need of a new van or pickup truck for your business? Making the right decision about financing is crucial. Coates Van and Truck Finance not only provides excellent lease deals but also offers accurate and impartial advice to help you choose the perfect vehicle. With various funding options available, we can guide you through the process, ensuring that your business needs are met.

As a self-employed individual or a small business owner, there are numerous funding options to consider when leasing a new van or pickup truck. The market is filled with suppliers of van finance, making it important to select the right financing solution for your specific circumstances. Coates Van and Truck Finance has a panel of funders who specialize in catering to diverse needs. Whether you are an established partnership or a new startup, we can connect you with the most suitable finance company to evaluate your proposal.

If you’re self-employed and have only recently started your business, you might wonder if finance companies will accept your application. While there are no guaranteed approvals, finance companies typically consider various factors such as the length of time you’ve been trading, your residency history, and your credit history. Depending on your circumstances, a finance company may request a higher initial payment. At Coates Van and Truck Finance, our extensive experience allows us to guide you through this process and ensure that your application is considered by a funder who best aligns with your situation.

Leasing Methods for Self-Employed Individuals (approx. 150 words): Coates Van and Truck Finance offers flexible leasing options that can be tailored to your specific needs. Here are two commonly used methods for self-employed and sole trader customers:

  1. Contract Hire: Similar to long-term vehicle rental, this method involves returning the van or pickup truck to the leasing company at the end of the agreed-upon period. Typically lasting two to four years, contract hire allows you to adjust your initial payment to match your requirements. It is essential to estimate your annual mileage, as it affects the vehicle’s value at the agreement’s conclusion.
  2. Finance Lease: A popular choice, finance lease resembles contract hire, but with a requirement to sell the vehicle to a third party at the agreement’s end. The proceeds from the sale are then used to pay off the final balloon payment. It’s important to note that the actual sale price can be higher or lower than the predetermined balloon figure.

In addition to assisting you with financing options, Coates Van and Truck Finance can help you find the ideal vehicle for your business. Our range includes brand new vans from leading manufacturers like Ford, VW, Nissan, and Vauxhall. With our expert team’s guidance, you can select a vehicle that aligns with your specific needs, ensuring that it meets the requirements of your profession, business, and personal preferences.

Conclusion (approx. 50 words): When it comes to leasing a new van or pickup truck for your business, making the right decision about finance is crucial. Coates Van and Truck Finance not only offers the best lease deals but also provides accurate and impartial advice tailored to your circumstances. With our help, you can find the perfect vehicle and secure the financing that suits your needs.