Commercial Vehicle Finance

Commercial vehicle and asset finance for businesses

The right vehicle or equipment can help keep your business moving, but the finance structure also matters. BrightKey Finance can help business owners compare commercial vehicle and asset finance options, understand lender requirements and structure repayments around business cash flow.

How we can help with commercial asset finance

We can assist with finance for vehicles, trucks, trailers, machinery and other business assets. Depending on your situation, this may include options such as chattel mortgage, hire purchase or lease-style finance. We explain the differences clearly so you can choose a structure that suits the asset, business use, tax position and repayment preferences.

Chattel mortgage

A chattel mortgage is commonly used for business vehicles and equipment. The business takes ownership of the asset from the start, while the lender registers an interest in the asset as security for the loan. This structure may suit businesses that want to use the asset for income-producing purposes and repay the loan over an agreed term.

Hire purchase

With hire purchase, the lender or finance provider purchases the asset and the business makes regular payments to use it over the agreed term. Ownership generally transfers to the business once the final payment and any required conditions are completed.