Commercial Vehicles Finance

A business looking to upgrade its van must first justify the transaction from a financial perspective – and if there’s no room in the budget or there are insufficient cash reserves, alternative sources of finance will be necessary to fund the acquisition.

If you’re a commercial vehicle dealer, this can be a frustrating situation: the customer wants your product, but cash flow difficulties make it impossible to help them. Van leasing can help your customers get what they need and boost your revenues in the process.

The benefits of van leasing

Leasing offers customers a means of accessing the vehicles they need whilst eliminating hefty upfront investment required to buy a new van outright. It also confers more flexibility than an outright purchase: a lease agreement’s contract length, deposit amount, and frequency of repayments (amongst other things) can be tailored to the individual.

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Finance Unlocked
 

OptiVan Lease: finance today for business tomorrow

Small businesses are the lifeblood of the UK economy and many require access to reliable vans to conduct day to day activities.

However, in many circumstances, small business owners cannot afford to part with vital cash reserves to purchase new vehicles and often resort to buying used instead. This introduces an obvious risk into their business operations. Should the van falter with age, so too will their business.

The other challenge is for non-VAT registered businesses. These businesses are unlikely to be able to afford the upfront VAT required to purchase a new van, which again leans them towards buying used, in a bid to conserve capital.

So what’s the solution to keeping small businesses on the road and boosting new van sales?

Using our flagship van leasing solution, known as OptiVan lease, dealers can help their small business customers to invest in a new vehicle. With an OptiVan Lease, your customers can spread the VAT over the term of the contract, helping to match payments with cash flow. Monthly payments can be tailored to meet budget and by adding a balloon rental, these can be reduced further.

At the end of the agreement, the dealer is in a unique position to discuss renewal options with the customer which makes OptiVan Lease a great tool to secure future business.

Why BNP Paribas Leasing Solutions?

Using our van leasing solutions, you can get much more out of your customer relationships than an immediate, one-off transaction: lease agreements are by nature long-term, but they’re also flexible.

We understand the challenges your company and its customers face, and we know how to help you address them. Today, there are more than 18,000 commercial vehicles on British roads financed through BNP Paribas Leasing Solutions. It’s the result of 40 years’ experience, extensive industry links and a real passion for getting businesses moving – for you and your customer. What’s more, our sales teams come from backgrounds in commercial vehicles, so as our partner you’ll be dealing with experts at every stage.