Top 10 UK Lenders to Secure £100,000 Haulage Finance in 2026
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Top 10 Lenders for £100,000 Haulage Finance in the UK
| Rank | Lender | Best for | Published loan range | Loan rate |
|---|---|---|---|---|
| 1 | Liberty Leasing | Haulage operators wanting fast HGV finance with competitive annual rates | £10,000 to £2,000,000 | interest 11% to 16% annually |
| 2 | Lombard | Established transport firms seeking larger fleet finance packages | Up to £5,000,000 | interest 4% to 11.5% monthly |
| 3 | Reward Funding | Larger haulage companies requiring £100,000 minimum asset finance | £100,000 to £5,000,000 | interest 0.99% to 3% monthly |
| 4 | Time Finance | Growing logistics businesses comparing fixed-rate vehicle finance options | Up to £5,000,000 | interest 5.5% to 13.5% annually |
| 5 | Admiral leasing | Smaller hauliers needing quick asset funding from £1,000 upwards | From £1,000 | interest 5.5% to 13.5% annually |
| 6 | Barclays | Transport companies wanting bank-backed asset finance up to £25 million | £1,000 to £25,000,000 | interest 8.5% to 14.9% annually |
| 7 | Acorn Business Finance | Mid-sized haulage firms seeking £15,000-plus vehicle finance | £15,000 to £5,000,000 | interest 8% to 15% annually |
| 8 | Armada Asset Finance | Smaller transport operators needing up to £250,000 for vehicles | £2,000 to £250,000 | interest 5% to 13% annually |
| 9 | Aldermore Asset finance | Haulage startups trading six months with flexible asset finance | £1,000 to £10,000,000 | interest 5% to 15% annually |
| 10 | Close Brothers | Established large logistics firms with strong turnover seeking bespoke rates | £25,000 to £100,000,000 | bespoke 3.5% to 10% monthly |
Asset finance lets haulage businesses spread the cost of vehicles and equipment over time instead of paying upfront. The asset itself secures the borrowing, so lenders focus on the equipment value and your ability to meet repayments. For transport and logistics operators, this means HGVs, trailers and specialist fleet vehicles can be funded without tying up working capital. At £100,000, a typical use is acquiring one or more heavy goods vehicles or upgrading an ageing fleet.
Choosing a lender for £100,000 haulage finance goes beyond headline rates. Total cost depends on whether interest is fixed annually or calculated monthly, and on agreement type — hire purchase, finance lease or operating lease. Speed matters in transport, where a vehicle deadline can decide a contract. Some lenders specialise in HGVs and understand residuals better than generalist funders. Minimum trading history varies, with many haulage lenders wanting 12 months or more.
Important note:
Funding Agent
Published loan rangeFrom £10,000 to up to £1,000,000
Rate typeInterest from 6.8% annually
Why it is included:It is included because many business owners need to compare several finance routes before choosing where to apply.
Funding Agent can help businesses compare suitable options across a lender panel, especially when eligibility depends on turnover, sector, trading history, credit strength and available documents.
Best use case: When the borrower wants to avoid applying to one lender at a time.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Why it stands out
- Useful when a business wants to compare lender fit rather than guess which lender to apply to first.
- Can help position the application around the funding purpose, trading profile and available documents.
- Works well as a conversion route for readers who are unsure whether a direct lender will approve a larger unsecured facility.
Need to know
- Funding Agent is a broker, not a lender.
- The lender, not Funding Agent, sets the final rate, term, fees and approval decision.
- The best match may be unsecured, secured, revolving credit, invoice finance or another product depending on the case.
Expert take
Funding Agent is a useful honourable mention for business owners who want to compare lender options before submitting a full application. A larger unsecured loan is not always approved by the first lender a business finds, so understanding lender fit early can reduce wasted time and avoid unnecessary declines.
Liberty Leasing
Published loan range£10,000 to £2,000,000
Rate typeinterest 11% to 16% annually
Overview: Funds in as little as 24 hours, which helps haulage operators move quickly when a suitable HGV or trailer becomes available. Liberty Leasing approves asset finance from £10,000 to £2,000,000, covering single vehicles through to fleet additions. Rates range from 11% to 16% annually. Expect standard asset-based underwriting with the vehicle acting as security.
Best next step: Asset-secured funding for haulage vehicles.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Fast 24-hour funding decisions
- Covers HGVs, trailers and equipment
- Finance from £10,000 to £2,000,000
Need to know
- Rates from 11% to 16% annually
- Asset acts as security
- Standard eligibility checks apply
Expert take
A direct asset finance provider that works well for haulage firms needing quick decisions on vehicle purchases. The 24-hour turnaround and asset-backed structure keep the process straightforward for funding HGVs and trailers.
Lombard
Published loan rangeUp to £5,000,000
Rate typeinterest 4% to 11.5% monthly
Overview: With facilities reaching £5,000,000, Lombard funds everything from a single tractor unit through to a full fleet replacement programme. The 24-hour decision timeframe suits haulage operators who need to secure vehicles quickly. Asset-backed lending means the HGV or trailer secures the borrowing. Rates range from 4% to 11.5%, charged monthly.
Best next step: Large-scale asset funding for transport fleets.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Facilities up to £5,000,000
- 24-hour funding decisions
- Covers HGVs, trailers and plant
Need to know
- Rates from 4% to 11.5% monthly
- Asset-backed security required
- Standard vehicle checks apply
Expert take
A well-established asset finance lender with deep experience in transport and logistics. Haulage firms benefit from high facility caps and fast decisions, making Lombard a practical option when financing vehicles at the £100,000 level.
Source:https://www.lombard.co.uk/
Reward Funding
Published loan range£100,000 to £5,000,000
Rate typeinterest 0.99% to 3% monthly
Overview: Monthly rates from 0.99% to 3% make Reward Funding a cost-effective route for haulage businesses financing vehicles or equipment. The minimum facility starts at £100,000 and reaches £5,000,000, covering single HGVs through to multi-vehicle deals. Funding decisions come within 24 hours. The revolving credit structure can also support seasonal working-capital needs common in transport.
Best next step: Low-rate asset and revolving finance for hauliers.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Monthly rates from 0.99%
- Facilities from £100,000 to £5,000,000
- Revolving credit for seasonal cash flow
Need to know
- Monthly rates run 0.99% to 3%
- Security and valuation costs apply
- Limits can be reviewed or adjusted
Expert take
A flexible funder that combines asset finance with revolving credit, suiting haulage firms with fluctuating cash flow. The low starting monthly rate and 24-hour decisions work well for operators funding vehicles at this level.
Source:https://rewardfunding.co.uk/
Time Finance
Published loan rangeUp to £5,000,000
Rate typeinterest 5.5% to 13.5% annually
Overview: Time Finance turns unpaid haulage invoices into working capital, a useful structure for operators waiting 30 to 90 days for customer payments. Facilities reach £5,000,000 and funding decisions come within 24 hours. The lender also covers asset finance for HGVs and trailers, with annual rates from 5.5% to 13.5%. Suitability depends on invoice quality and debtor concentration.
Best next step: Invoice and asset finance for haulage firms.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Releases cash from unpaid invoices
- Facilities up to £5,000,000
- 24-hour funding decisions
Need to know
- Rates from 5.5% to 13.5% annually
- Invoice quality affects eligibility
- Debtor concentration is assessed
Expert take
A dual-purpose funder offering both invoice and asset finance under one roof. Haulage operators with strong B2B receivables can unlock working capital while also financing vehicles, creating a joined-up funding approach.
Source:https://www.timefinance.com/
Admiral leasing
Published loan rangeFrom £1,000
Rate typeinterest 5.5% to 13.5% annually
Overview: Funding in as little as four hours makes Admiral Leasing one of the fastest routes to securing haulage vehicle finance on this list. Equipment leasing covers HGVs, trailers and ancillary kit from £1,000 upwards. Annual rates range from 5.5% to 13.5%. The speed of decision-making suits operators who have identified a vehicle and need to complete before it goes to another buyer.
Best next step: Rapid equipment leasing for transport operators.
More info
Company stats
Loan range
Rates and debtor rules
Benefits
- Funding in as little as 4 hours
- Leasing from £1,000 upwards
- Covers HGVs and ancillary kit
Need to know
- Annual rates 5.5% to 13.5%
- Equipment leasing, not HP
- Standard asset checks apply
Expert take
A specialist equipment lessor with a standout four-hour funding window. For haulage businesses that move fast on vehicle purchases, the speed gives a genuine competitive edge when securing sought-after HGVs.
Barclays
Published loan range£1,000 to £25,000,000
Rate typeinterest 8.5% to 14.9% annually
Overview: Barclays brings bank-grade asset finance to haulage operators, with facilities spanning £1,000 to £25,000,000. The 24-hour initial decision is competitive for a high-street lender, though full underwriting can take longer for new applicants. Annual rates start from 8.5% to 14.9%. Existing Barclays business customers often find the process smoother with relationship managers who understand transport sector cycles.
Best next step: Bank-backed asset finance for transport businesses.
More info
Company stats
Loan range
Rates and debtor rules
Benefits
- Facilities up to £25,000,000
- Established high-street lender
- Transport sector relationship managers
Need to know
- Rates from 8.5% to 14.9% annually
- Full underwriting can take longer
- Stricter bank eligibility criteria
Expert take
A mainstream bank with a dedicated asset finance arm. Haulage firms already banking with Barclays may find the relationship-driven approach helpful, though underwriting standards are typically more rigorous than specialist funders.
Acorn Business Finance
Published loan range£15,000 to £5,000,000
Rate typeinterest 8% to 15% annually
Overview: Acorn Business Finance combines asset finance with revolving credit and secured term loans, giving haulage operators a single point of contact for vehicle, equipment and working-capital funding. Asset facilities span £15,000 to £5,000,000. Annual rates run from 8% to 15%, with decisions typically within 24 hours. The multi-product setup suits growing transport firms that need more than a standalone HP agreement.
Best next step: Multi-product funding for haulage operators.
More info
Company stats
Loan range
Rates and debtor rules
Benefits
- Facilities from £15,000 to £5,000,000
- Asset and revolving credit options
- 24-hour funding decisions
Need to know
- Annual rates from 8% to 15%
- Security may be required
- Trading history is assessed
Expert take
A multi-product finance house that lets haulage firms access asset finance alongside other facilities. Structuring vehicle and working-capital funding under one roof can simplify financial management for growing transport businesses.
Armada Asset Finance
Published loan range£2,000 to £250,000
Rate typeinterest 5% to 13% annually
Overview: Armada Asset Finance funds from £2,000 to £250,000, covering everything from a single trailer upgrade through to a £100,000 HGV purchase. Annual rates run from 5% to 13%, with decisions within 24 hours. The asset-backed model keeps the process straightforward: the vehicle secures the borrowing and standard eligibility checks apply.
Best next step: Accessible asset finance for smaller haulage operators.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Funding from £2,000 to £250,000
- Annual rates from 5%
- 24-hour decision turnaround
Need to know
- Upper limit of £250,000
- Asset-backed security required
- Standard vehicle checks apply
Expert take
A straightforward asset finance provider with a low entry point. Smaller haulage firms and owner-operators will find the accessible minimum and competitive starting rate a practical match for single-vehicle or trailer funding.
Aldermore Asset finance
Published loan range£1,000 to £10,000,000
Rate typeinterest 5% to 15% annually
Overview: Aldermore is one of the few lenders here offering asset finance alongside invoice finance and property-backed lending, suiting haulage businesses that need both vehicle funding and working capital. Facilities span £1,000 to £10,000,000 with annual rates from 5% to 15%. Decisions take around 48 hours. The broad product set means operators can consolidate multiple funding needs under one lender.
Best next step: Broad-range asset funding for haulage fleets.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Facilities from £1,000 to £10,000,000
- Annual rates from 5%
- Multiple funding lines available
Need to know
- Decisions take around 48 hours
- Rates up to 15% annually
- Standard asset eligibility applies
Expert take
A lender with exceptionally wide facility bands and a multi-product offering. Haulage businesses scaling from owner-operator to mid-fleet will find the range useful, and the multi-line capability supports firms needing both vehicle and working-capital funding.
Source:https://www.aldermore.co.uk/business/business-finance/asset-finance/
Close Brothers
Published loan range£25,000 to £100,000,000
Rate typebespoke 3.5% to 10% monthly
Overview: Close Brothers has a dedicated focus on mid-market transport businesses, making it one of the most sector-aligned lenders on this list. Facilities range from £25,000 to £100,000,000, with bespoke monthly rates from 3.5% to 10%. The lender typically works with established haulage operators turning over £500,000 or more. Decisions come within 24 hours, and the transport-sector underwriting team understands fleet cycles and vehicle values.
Best next step: Transport-sector specialist for established hauliers.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Dedicated transport sector focus
- Facilities up to £100,000,000
- 24-hour funding decisions
Need to know
- Typically requires £500k+ turnover
- Bespoke monthly rates from 3.5%
- Aimed at established operators
Expert take
A lender that explicitly targets the transport sector, with underwriters who understand fleet economics. Mid-market haulage firms will find the sector expertise and high facility caps a strong match for financing vehicles at scale.
Asset Finance Calculator
How asset finance works for UK haulage businesses
Asset finance for haulage companies typically takes two forms: hire purchase (HP) and finance lease. Under HP, your business pays instalments and owns the HGV or trailer outright at the end of the term. With a lease, the lender retains ownership and you return the vehicle or extend the agreement.
Most lenders on this list fund a broad range of transport assets. This includes rigid and articulated HGVs, trailers, tankers, refrigerated units, tipper trucks, and specialist plant. Some lenders also cover ancillary equipment such as forklifts, loading bay machinery, and workshop tools.
Deposit requirements vary by lender and asset type. Aldermore offers up to 100% loan-to-value, meaning no upfront deposit is needed if the asset valuation supports it. Close Brothers caps LTV at 90%. VAT-registered haulage businesses can typically reclaim VAT on finance payments, though the treatment differs between HP and lease agreements.
For a £100,000 facility, lenders such as Liberty Leasing, Lombard, and Aldermore all publish maximum loan sizes well above this threshold, giving haulage firms room to scale their fleets over time.
What transport lenders assess on a £100,000 haulage finance application
Lenders evaluating a £100,000 haulage finance request look at several factors beyond the asset itself. Trading history matters. Lombard and Aldermore both accept businesses with as little as 6 to 12 months of trading history, making them accessible for younger haulage firms. Close Brothers requires a minimum of one year and a turnover of £500,000, which suits more established operators.
Personal guarantees are common across transport asset finance. Liberty Leasing, Reward Funding, Time Finance, Armada Asset Finance, Aldermore, and Close Brothers all require a personal guarantee. This means directors are personally liable if the business defaults on the agreement.
Homeownership is rarely a barrier. None of the lenders on this list require directors to be homeowners, which is good news for haulage business owners who rent their homes.
Lenders also assess the asset's age and condition. For £100,000, a newer HGV or a pair of well-maintained late-model tractor units is more likely to pass credit committee than older vehicles with uncertain residual values.
Rate and term comparisons for £100,000 haulage finance
Haulage businesses comparing rates for £100,000 in asset finance will find two pricing structures across this list. Several lenders quote annual rates. Liberty Leasing publishes rates from 11% to 16% per year, while Time Finance and Barclays sit in the 5.5% to 14.9% per year range. Aldermore quotes from 5% to 15% per year.
Other lenders use monthly rate structures. Reward Funding publishes rates from 0.99% to 3% per month, while Close Brothers quotes bespoke rates from 3.5% to 10% per month. Monthly rates compound differently from annual rates, so haulage firms should compare total cost over the full term rather than looking at the headline figure alone.
Term length also varies. Aldermore and Admiral Leasing both offer terms of up to seven years, which can reduce monthly payments on a £100,000 facility. Shorter terms are available too. Reward Funding specialises in facilities from three months to one year, useful for bridging gaps in fleet funding.
| Lender | Rate Type | Min Rate | Max Rate | Max Term |
|---|---|---|---|---|
| Liberty Leasing | interest | 11% per year | 16% per year | 5 years |
| Aldermore | interest | 5% per year | 15% per year | 7 years |
| Barclays | interest | 8.5% per year | 14.9% per year | 25 years |
| Reward Funding | interest | 0.99% per month | 3% per month | 1 year |
| Close Brothers | bespoke | 3.5% per month | 10% per month | 7 years |
Practical steps to improve your haulage finance approval chances
Securing £100,000 in haulage finance is rarely just about the numbers. Lenders want confidence that your fleet will generate enough revenue to cover repayments. Prepare three key documents before you apply: six months of bank statements, your latest management accounts, and a schedule of existing vehicles with their utilisation rates.
Haulage firms with contracts or long-term agreements in place should present these alongside the application. A signed contract with a regular freight customer demonstrates forward revenue visibility, which reduces perceived lending risk for the lender.
Keep your fleet records organised. Lenders may ask for service histories, MOT certificates, and telematics data on existing vehicles. A well-maintained fleet signals operational discipline and makes the asset more attractive as security.
If your credit profile is thin or your trading history is short, consider starting with a smaller facility and scaling up. Several lenders on this list, including Aldermore and Lombard, accept businesses with limited trading history. This gives newer haulage operators a viable entry point before moving to larger £100,000 facilities as the relationship matures.
