CPD Finance

Flexible Finance Solutions with CPD Finance. CPD understand that securing the right commercial vehicle is a vital investment for your business. CPD Finance offers flexible and affordable finance solutions, to make it easier for you to acquire the ideal vehicle for your business needs.
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Finance Options

Hire Purchase

You pay for the vehicle in instalments over a fixed period. Once the final payment is made, you own the vehicle.

Finance Lease

A Finance Lease allows you to rent the vehicle for a set period. You won’t own the vehicle, but you can extend the lease or sell/return the vehicle at the end of the agreement. If the vehicle is sold, you’ll receive a large percentage of the profit. No mileage or damage fees apply.

Step-by-Step Enquiry Process

 

 

Submit Your Proposal Form: Complete the Proposal Form or call 01642 607061 for assistance.

 

Application Review: Your application will be reviewed and submitted to a panel of lenders for consideration.

 

Credit & Business Assessment: Lenders will assess your business's financial strength & credit history to determine if a deposit is required.

 

Approval Process: Approval can be granted within 1 hour but may take up to 24 hours.

 

Finance Agreement: Once approved, you will receive the finance agreement directly from the lender. This will outline all terms, payment schedules, and any required deposit.

 

Final Steps: Upon signing the agreement and any necessary payments (such as a deposit), the funds will be made available for your vehicle purchase or lease.

    Finance Comparison Table

     

    Feature

    Hire Purchase (HP)

    Finance Lease

    Ownership

    You own the vehicle after final payment

    You do not own the vehicle

    Instalment Payments

    Yes

    Yes

    Profit from Vehicle Sale

    Yes

    Yes, you receive a majority percentage of profit

    End of Agreement Options

    Vehicle becomes yours

    Extend lease, sell, or return vehicle

    Mileage/Damage Charges

    May apply

    No direct damage or mileage charges

    VAT Payment

    Upfront or deferred for 3 months

    Paid monthly

     

    In both cases excess mileage of damage to the vehicle could impact resale value.

    Get estimated monthly payments and finance options with our finance calculator.

    FAQs

    Who do you provide finance to?

    A range of finance options is provided to Limited companies

    How does VAT work?

    Hire Purchase (HP)
    You can either:

    • Pay VAT upfront as a deposit.
    • Defer VAT for up to 3 months.


    Finance Lease
    VAT is included in your monthly payments.

    How do I apply?

    You can apply by completing the finance request from.

    How long does approval take?

    Approval typically takes between 1 hour and 24 hours.

    Do I need to pay a deposit?

    It depends on your business's financial health. Strong businesses may not need a deposit, but newer businesses or those with adverse credit likely will.

    Can I get vehicle finance with poor credit?

    Yes, we work with funders who support businesses with poor credit or those just starting out.

    Can I get vehicle finance as a new business?

    Yes, we work with funders who support businesses who are just starting out.

    Is finance provided by CPD Finance?

    We're a credit broker, not a lender. We work with One Funding t/a CPD Finance and their panel of lenders and finance products.

    Make an Enquiry

    If you're interested in learning more or receiving a quote, our sales team is here to help. Simply fill out the form below, and we'll get back to you with all the information you need.