Top £100,000 Vehicle Finance Lenders UK 2026
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Top £100,000 Vehicle Finance Lenders Compared
| Rank | Lender | Best for | Published loan range | Loan rate |
|---|---|---|---|---|
| 1 | Liberty Leasing | Businesses funding vans or fleet vehicles with transparent annual rates | £10,000 to £2,000,000 | interest 11% to 16% annually |
| 2 | Lombard | Established fleet operators seeking competitive rates from a major lender | Up to £5,000,000 | interest 4% to 11.5% monthly |
| 3 | Reward Funding | Businesses borrowing £100,000 or more for premium commercial vehicles | £100,000 to £5,000,000 | interest 0.99% to 3% monthly |
| 4 | Time Finance | Growing businesses needing flexible vehicle finance with annual rate pricing | Up to £5,000,000 | interest 5.5% to 13.5% annually |
| 5 | Admiral leasing | Businesses comparing vehicle leasing options across a wide funding range | From £1,000 | interest 5.5% to 13.5% annually |
| 6 | Barclays | Established businesses wanting vehicle finance through a high-street bank | £1,000 to £25,000,000 | interest 8.5% to 14.9% annually |
| 7 | Acorn Business Finance | Mid-sized fleets seeking asset finance from a specialist broker | £15,000 to £5,000,000 | interest 8% to 15% annually |
| 8 | Rivers Leasing | Businesses funding vehicles at or below the £100,000 threshold | £5,000 to £100,000 | interest 4% to 11.5% monthly |
| 9 | Aldermore Asset finance | Businesses comparing flexible vehicle finance across a broad lending spectrum | £1,000 to £10,000,000 | interest 5% to 15% annually |
| 10 | Close Brothers | More established operators funding premium commercial vehicle acquisitions | £25,000 to £100,000,000 | bespoke 3.5% to 10% monthly |
Asset finance is a secured funding arrangement where a lender covers the cost of a commercial vehicle and the borrowing is repaid in instalments, with the vehicle itself acting as security. This structure suits businesses that need vans, trucks, or specialist fleet vehicles without draining working capital. For operators seeking £100,000 in vehicle finance, it offers a practical way to acquire high-value assets that generate revenue from day one.
Choosing a vehicle finance lender at the £100,000 level goes beyond headline rates. The structure matters: hire purchase and finance lease carry different tax and balance-sheet implications, so the right fit depends on how your business accounts for its fleet. A lender's experience with your vehicle type also affects pricing; a funder comfortable with standard vans may not price specialist trucks competitively. The published loan range is another practical filter, since some lenders set minimums above £100,000.
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: Liberty Leasing funds vehicle purchases within 24 hours, which helps businesses that need commercial vehicles on the road quickly. Annual interest rates apply rather than monthly compounding, making long-term cost comparisons straightforward. The lender finances vans, trucks, and fleet vehicles across most industries. Expect a deposit requirement and asset eligibility checks before drawdown.
Best next step: See if Liberty Leasing fits your vehicle purchase
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Funds vehicle purchases within 24 hours
- Annual rates simplify cost comparison
- Covers vans, trucks, and fleet vehicles
Need to know
- Deposit typically required before drawdown
- Asset eligibility checks apply
- Annual rates from 11% to 16%
Expert take
A straightforward asset funder known for quick turnaround on vehicle deals. For a £100,000 commercial vehicle, the annual-rate structure keeps costs transparent and the 24-hour funding speed gets assets moving fast.
Lombard
Published loan rangeUp to £5,000,000
Rate typeinterest 4% to 11.5% monthly
Overview: Lombard's asset finance rates start from 4% monthly, which can make repayment costs competitive for a £100,000 vehicle facility. The lender is part of a major banking group and funds up to £5 million, covering single commercial vehicles through to large fleet acquisitions. Underwriting tends to favour established businesses with clean credit profiles.
Best next step: See if Lombard fits your vehicle finance needs
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Monthly rates from 4% keep costs low
- Backed by a major banking group
- Funds up to £5 million for fleet growth
Need to know
- Established businesses preferred
- Clean credit profile typically required
- Monthly compounding affects total cost
Expert take
A well-established lender with the backing of a major banking group, suited to stable businesses. For a £100,000 vehicle purchase, the competitive starting rate rewards applicants with strong trading history and good credit.
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: At 0.99% monthly, Reward Funding's starting rate is among the lowest advertised for vehicle asset finance. The lender funds from £100,000 to £5 million, making it suitable for single commercial vehicles or multi-unit fleet deals. Flexible drawdown works well for businesses adding vehicles in stages rather than all at once.
Best next step: See if Reward Funding fits your vehicle purchase
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Monthly rates from just 0.99%
- Funds single vehicles or full fleets
- Flexible drawdown suits phased purchases
Need to know
- Security and valuation costs may apply
- Minimum facility starts at £100,000
- Limits can be reviewed or adjusted
Expert take
A flexible funder with a competitive rate card that appeals to cost-conscious businesses. For a £100,000 vehicle acquisition, the low starting rate and staged drawdown structure support businesses planning phased fleet expansion.
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 offers asset finance for vehicle purchases alongside invoice finance facilities, which can be useful for businesses that want a single funding relationship. Annual rates run from 5.5% to 13.5%, keeping cost comparisons simple. The lender funds up to £5 million and tends to serve B2B businesses with unpaid invoices needing working capital alongside asset funding.
Best next step: See if Time Finance fits your vehicle finance needs
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Combines vehicle and invoice finance
- Annual rates simplify cost tracking
- Funds up to £5 million
Need to know
- Suits B2B businesses with invoices
- Asset and debtor eligibility checks apply
- Limits may be reviewed over time
Expert take
A dual-product lender that works well for B2B firms needing both vehicle finance and working capital. For a £100,000 commercial vehicle, the annual-rate approach and single-lender relationship can streamline administration for growing businesses.
Source:https://www.timefinance.com/
Admiral leasing
Published loan rangeFrom £1,000
Rate typeinterest 5.5% to 13.5% annually
Overview: Four-hour funding makes Admiral leasing one of the fastest routes to a commercial vehicle on the road. The lender accepts applications from £1,000 upwards and uses annual rates from 5.5% to 13.5%. Equipment and vehicle leasing is its core focus, suiting businesses that need straightforward asset-backed funding.
Best next step: See if Admiral leasing fits your vehicle purchase
More info
Company stats
Loan range
Rates and debtor rules
Benefits
- Funding possible within four hours
- Accepts applications from £1,000
- Annual rate structure for clarity
Need to know
- May require personal guarantee
- Strong trading history often needed
- Valuation checks likely for vehicles
Expert take
A rapid-response equipment and vehicle leasing specialist built for speed. For a £100,000 commercial vehicle, the four-hour funding promise suits businesses that need vehicles on the road without delay.
Barclays
Published loan range£1,000 to £25,000,000
Rate typeinterest 8.5% to 14.9% annually
Overview: Barclays writes asset finance from £1,000 to £25 million, covering everything from a single van to a nationwide fleet. The bank handles vehicle finance alongside broader lending products, which suits businesses that prefer keeping all borrowing under one roof. Annual rates run from 8.5% to 14.9%, though bank underwriting can take longer than alternative lenders.
Best next step: See if Barclays fits your vehicle finance needs
More info
Company stats
Loan range
Rates and debtor rules
Benefits
- Broad lending range to £25 million
- All borrowing under one banking roof
- Established brand with sector experience
Need to know
- Bank underwriting can be slower
- Strong trading history expected
- Personal guarantee may be required
Expert take
A mainstream high-street bank with deep asset finance capability. For a £100,000 vehicle, the appeal lies in convenience and relationship banking, with applicants benefiting from a single point of contact across all business borrowing.
Acorn Business Finance
Published loan range£15,000 to £5,000,000
Rate typeinterest 8% to 15% annually
Overview: Businesses with complex funding needs may value Acorn Business Finance's ability to combine vehicle asset finance with acquisition funding and revolving credit. Annual rates sit between 8% and 15%, and facilities range from £15,000 to £5 million. The multi-product approach suits firms wanting a single finance partner.
Best next step: See if Acorn Business Finance fits your vehicle purchase
More info
Company stats
Loan range
Rates and debtor rules
Benefits
- Covers vehicle and acquisition finance
- Funding range reaches £5 million
- Annual rates between 8% and 15%
Need to know
- Personal guarantee may be needed
- Strong trading history preferred
- Security and valuation costs apply
Expert take
A multi-product finance house that suits businesses needing vehicle funding alongside other lending facilities. For a £100,000 commercial vehicle, the ability to package asset finance with revolving credit or acquisition funding adds flexibility.
Rivers Leasing
Published loan range£5,000 to £100,000
Rate typeinterest 4% to 11.5% monthly
Overview: For a £100,000 vehicle purchase, Rivers Leasing represents a focused asset finance option with monthly rates starting from 4%. The lender writes facilities from £5,000 to £100,000 and concentrates specifically on asset and equipment finance. Funding typically completes within 48 hours of approval.
Best next step: See if Rivers Leasing fits your vehicle finance needs
More info
Company stats
Loan range
Rates and debtor rules
Benefits
- Monthly rates from 4%
- Funding within 48 hours
- Dedicated asset finance focus
Need to know
- £100,000 is the maximum facility
- Asset eligibility checks required
- Deposit may be needed
Expert take
A focused asset finance provider that keeps things simple. For a £100,000 vehicle, the lender's dedicated asset finance expertise can deliver a straightforward funding process with rates from 4% monthly.
Aldermore Asset finance
Published loan range£1,000 to £10,000,000
Rate typeinterest 5% to 15% annually
Overview: Aldermore's established SME presence makes it a familiar name for businesses funding commercial vehicles. The lender writes asset finance from £1,000 to £10 million with annual rates of 5% to 15%. Funding typically completes within 48 hours of approval, covering everything from single vans to full commercial fleets.
Best next step: See if Aldermore fits your vehicle finance needs
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Funds single vans to full fleets
- Annual rates from 5% to 15%
- Well known in the SME market
Need to know
- 48-hour typical funding timeline
- Standard asset eligibility checks
- Trading history will be reviewed
Expert take
A familiar name in SME asset finance with a wide lending appetite. For a £100,000 vehicle purchase, the lender's established presence and broad range make it a natural comparison option for most commercial vehicle buyers.
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 particular experience in transport, manufacturing, and construction, which matters when financing specialist commercial vehicles. The lender writes asset finance from £25,000 to £100 million with bespoke monthly rates from 3.5%. Funding can complete within 24 hours for established mid-market businesses.
Best next step: See if Close Brothers fits your vehicle purchase
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Bespoke rates from 3.5% monthly
- Deep transport sector experience
- Funding within 24 hours
Need to know
- £500k+ turnover typically required
- Established mid-market focus
- Bespoke pricing means costs vary
Expert take
A mid-market specialist with deep transport and logistics expertise. For a £100,000 commercial vehicle, the lender's sector knowledge and bespoke pricing model suit haulage, construction, and manufacturing firms with solid trading histories.
Asset Finance Calculator
How £100,000 vehicle asset finance works for UK businesses
Vehicle asset finance at the £100,000 level works by using the vehicle itself as security for the borrowing. The lender pays the supplier or dealership directly, and your business repays the amount plus interest over an agreed term.
Most asset finance lenders will fund a significant portion of the vehicle value, though a deposit may be required. Close Brothers offers up to 90% loan-to-value on its facilities, while Aldermore can go to 100% LTV. This means you could potentially finance the full £100,000 without a deposit, depending on the lender and your business profile. Reward Funding publishes an LTV of up to 85%.
Repayments are typically fixed monthly amounts, which makes cash flow planning straightforward. The vehicle remains the lender's property until the final payment is made, unless you are using a hire purchase structure where ownership transfers at the end of the term. This security structure is what sets asset finance apart from unsecured business loans for vehicle purchases.
Lease versus hire purchase for £100,000 commercial vehicles
When financing £100,000 worth of commercial vehicles, you will typically choose between a finance lease and hire purchase. The right option depends on whether you want to own the vehicles or simply use them.
With hire purchase, your business eventually owns the vehicle after making all repayments. This suits businesses that plan to keep vehicles long-term. Terms can stretch up to 7 years with lenders such as Aldermore, Admiral Leasing, and Close Brothers. Lombard offers facilities up to £5,000,000, and Liberty Leasing covers £10,000 to £2,000,000, both accommodating a £100,000 purchase comfortably.
A finance lease means you pay to use the vehicle without owning it. Monthly payments are often lower because you are not paying towards ownership. At the end of the lease, you typically return the vehicle or sell it to a third party and keep a share of the sale proceeds. This can work well if you prefer to refresh your fleet regularly rather than hold ageing assets on your balance sheet.
What types of commercial vehicles can you finance for £100,000
At the £100,000 level, most asset finance lenders will consider a broad range of commercial vehicles. This includes standard delivery vans, heavy goods vehicles, tipper trucks, refrigerated vans, minibuses, and specialist vehicles such as recovery trucks or mobile workshops.
New vehicles are the easiest to finance because lenders can accurately assess their value and residual worth. Used vehicles are also widely accepted, though lenders may apply lower loan-to-value ratios and shorter maximum terms for older assets. The age and condition of the vehicle will influence the terms a lender offers.
Some lenders set minimum loan amounts that naturally filter the types of vehicles available. Reward Funding starts at £100,000, matching this borrowing level precisely. Liberty Leasing has a £10,000 minimum, while Barclays and Aldermore both accept applications from £1,000. This range means you can finance a single high-value vehicle or spread the £100,000 across several vehicles in a fleet purchase.
Eligibility requirements for £100,000 vehicle finance
Because vehicle asset finance is secured against the vehicle itself, lenders can often be more flexible on eligibility than with unsecured borrowing. Your trading history, annual turnover, and willingness to provide a personal guarantee are the main factors lenders review at the £100,000 level.
Trading history requirements vary by lender, as shown below for those who publish their criteria:
| Lender | Minimum trading history | Minimum turnover |
|---|---|---|
| Aldermore | 6 months | £0 |
| Lombard | 1 year | £25,000 |
| Close Brothers | 1 year | £500,000 |
Personal guarantees are standard across most lenders at this facility size. Reward Funding, Time Finance, Liberty Leasing, Aldermore, and Close Brothers all require a director's guarantee. None of the lenders listed impose homeowner requirements, so renting your home does not block access to £100,000 vehicle finance.
The loan-to-value ratio also affects how much you can borrow against a given vehicle. Aldermore offers up to 100% LTV, Close Brothers up to 90%, and Reward Funding up to 85%. A higher LTV means a smaller deposit, which can help preserve working capital when acquiring fleet vehicles.
