LeasePlan UK Limited is a specialist vehicle leasing and fleet management provider. Established in 1979 and part of the global LeasePlan Corporation N.V., it operates across the UK offering contract hire and finance lease options along with fleet services. It is authorised and regulated by the Financial Conduct Authority for consumer credit activities. This lender may suit businesses seeking predictable vehicle funding and outsourced fleet management rather than general business loans. For a wider view, explore our asset finance overview and LeasePlan UK reviews.
Key features of LeasePlan UK Limited
LeasePlan offers practical tools and services to support vehicle leasing and fleet control for businesses of various sizes.
- Online ordering portal with real-time vehicle quotes and stock availability aids quick decisions (tools)
- 24/7 multilingual DriverLine support covers breakdowns, tyres and accident assistance (driver support)
- My LeasePlan mobile app allows drivers to book services and report mileage efficiently (mobile apps)
- Telematics integration provides comprehensive fleet reporting and data control (asset finance)
- Focus on electric vehicles with consultancy on transition and charging infrastructure (EV consultancy)
Funding eligibility
Typically, you may qualify if your business has at least 12 months trading history, though some products assess director creditworthiness for newer ventures. Businesses must be UK-registered with positive credit references and no adverse history. Specific loan types may require additional conditions such as employee count or payroll setup. To understand if you are eligible, review our how to qualify for a business loan advice and our financing options guides.
Loan options
LeasePlan UK provides several vehicle leasing types tailored to business needs, ranging from short-term rentals to contract hires and finance leases.
- Mini-Lease / Flexi-Lease (Short-Term Rental): £500 to £30,000 per vehicle, 3 to 12 months terms. Pricing is daily/weekly; no APR. Offers flexibility but with mileage caps and possible damage fees (short-term rental). Includes deposit and vehicle remains provider's property.
- Salary Sacrifice Car Scheme (Contract Hire via Employer): Vehicle values £5,000 to £80,000, terms 24-48 months. Rentals include leasing, insurance and maintenance costs. Tax savings possible for employees with payroll facility required (salary sacrifice scheme).
- Business Contract Hire (Operating Lease): £5,000 to £150,000 per vehicle, 24-60 months. Fixed rentals with bundled maintenance. No ownership option; vehicle to be returned. Fees apply for termination, excess mileage and wear (contract hire).
- Finance Lease: £5,000 to £150,000 per vehicle, 24-60 months. Allows sharing in sale proceeds but carries residual value risk. Asset shown on balance sheet. Early termination fees applicable (finance lease).
How to apply
The application is typically digital and designed to be efficient for SMEs. Decisions usually occur within a few working days after full information submission.
- Submit an online enquiry or apply via a broker, initiating the digital credit application (application form)
- Provide key documents including filed accounts, bank statements, and personal identification (document checklist)
- Review period often lasts 1-3 working days after complete submission (decision times)
- Sign documentation electronically to confirm terms, with vehicle delivery scheduled as stock allows
Funding Agent's review of LeasePlan UK Limited
LeasePlan specialises in vehicle finance and fleet management rather than general business loans. Its product breadth, strong online tooling, and EV expertise suit SMEs and corporates seeking predictable vehicle solutions. It may be a competitive choice for those wanting to outsource fleet management without capital expense. However, businesses needing cash-flow or working capital loans should consider other business loan options. Use our eligibility checker and asset finance calculator to explore alternatives.
