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.

From Tippers and Dropsides to Luton Vans, Panel Vans, and our eco-friendly Electric Vehicles, we can provide tailor-made packages that suit your business model and financial objectives.

The finance packages from CPD Finance ensure that upgrading or expanding your fleet is both affordable and manageable, letting you focus on growing your business.

Why Choose CPD Finance?

  • Bespoke Finance Solutions: Tailored to your business needs, with flexible payment terms.
  • Comprehensive Vehicle Range: Choose from our wide selection of Tippers, Dropsides, Luton Vans, Panel Vans and Electric vehicles.
  • Sector-Specific Expertise: Construction, logistics, trades, or urban delivery, our vehicles and finance plans are customised to you.

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.

Hire Purchase

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

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.

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.

    CPD Finance FAQ's

    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 below.

    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.

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