LeasePlan UK Limited is a vehicle leasing and fleet management specialist operating in the United Kingdom since 1979. It provides mobility solutions including contract hire, finance leasing, salary sacrifice schemes and flexible rentals tailored to businesses of all sizes. Licensed and regulated by the Financial Conduct Authority (FCA, FRN 165723), LeasePlan's services focus on end-to-end vehicle financing and fleet support rather than traditional cash-flow lending. Suitable mainly for companies seeking vehicle funding and fleet operations support, LeasePlan is not a general business loan provider. For more general information, see asset finance and business loans.
Key Features of LeasePlan UK Limited
LeasePlan offers integrated fleet and vehicle leasing services, supported by digital platforms and sustainability initiatives.
- Online quotation and ordering via a dedicated portal linked to flexible leasing products including asset finance.
- MyLeasePlan driver app for service bookings, mileage tracking and damage logging enhances driver convenience and fleet oversight.
- Dedicated electric vehicle (EV) consultancy supporting fleet electrification efforts, with cost and charging advisory services.
- Bundled fleet management options including maintenance, accident management, fuel cards and telematics for holistic support.
- ISO-certified sustainability programmes align with environmental, social, and governance (ESG) priorities for corporate clients.
Funding Eligibility
Eligibility for LeasePlan's financing solutions primarily depends on trading history and business registration. You may qualify if your business can provide at least one year of trading history and operates within the UK with proper VAT registration. Larger fleet or sale & leaseback options generally require two or more years of established accounts. Personal guarantees are frequently requested from directors of smaller or startup businesses to mitigate credit risk. For guidance on eligibility, see how to qualify for a business loan, credit score requirements, and understanding personal guarantees.
Loan Options Provided by LeasePlan UK Limited
LeasePlan provides a selection of vehicle finance and lease products tailored to business needs, listed here with typical loan amounts, terms, and conditions.
- Personal Contract Hire (PCH): For individual consumers; vehicles priced £10,000 – £90,000+; terms 24 – 48 months; monthly rentals around £180 – £900+. Fixed costs simplify budgeting; no purchase option at term end. Credit approval required. More info: asset finance.
- LeasePlan Flexible (Mid-Term Rental): Vehicles £10,000 – £60,000 daily book value; rental terms 1 – 24 months (monthly extension possible); weekly rentals £120+; monthly around £450 – £1,000. Flexible for short-term needs with all-inclusive pricing but at a premium. Credit checks apply. See also alternative finance loans.
- Business Contract Hire (BCH): Vehicle values £10,000 – £150,000+; terms 24 – 60 months; rentals £150 – £1,500+ monthly. Fixed rentals aid cash-flow planning; no residual value risk but mileage restrictions apply. Personal guarantees may be required for newer businesses. Learn about business loans.
- Finance Lease: Vehicles valued £5,000 – £120,000+; 24 – 60 months terms; options include balloon payments. Enables sharing in vehicle sale proceeds but lessee bears residual value risk. More suited to established companies. Refer to asset finance guidance.
- Sale & Leaseback: Fleet purchase values £100,000 – £10 million+; terms 12 – 60 months. Frees capital tied up in owned fleet; transfers disposal risk to LeasePlan. Requires an existing fleet with adequate history. For alternatives, see business loan refinancing.
- Salary Sacrifice Car Scheme (SalaryPlan): Vehicles priced £15,000 – £80,000+; terms 24 – 48 months. Enables employer-backed employee leasing with integrated NI tax savings. Suitable for employers with 50+ payroll.
How to Apply for LeasePlan UK Financing
LeasePlan's application process is mostly digital, with credit and due diligence checks handled online. Expect a decision within 24 to 48 business hours for standard credit applications.
- Submit an online enquiry or quote request through the LeasePlan platform supported by telephone assistance if needed. Related forms are found via application forms.
- Provide required documentation including company accounts or management accounts, VAT and company registration details, director ID, and bank details to support credit assessment.
- Review credit and affordability results communicated electronically, followed by signing lease agreements via digital signature.
- After acceptance, vehicles are ordered immediately if in stock; factory orders depend on manufacturer lead times.
Funding Agent's review of LeasePlan UK Limited
LeasePlan UK focuses on vehicle leasing and fleet management rather than general business loans. It offers diverse products for businesses of various sizes, supported by expert EV consultancy and digital tools. While the lending approach suits asset-based fleet funding and salary sacrifice schemes, businesses seeking cash-flow finance or ownership options may find the offerings less flexible. For further financial product comparisons and eligibility tools, see business loans, explore loan calculators, or check guarantor requirements.



