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Car finance ›
Self-employed van finance
Having a van on finance might be essential if you’re self-employed, but getting approved can be tricky. If you’re looking for self-employed van finance, we can help.
Self-employed van finance
Having a van on finance might be essential if you’re self-employed, but getting approved can be tricky. If you’re looking for self-employed van finance, we can help.
What is self-employed van finance?
Getting a van on finance when you’re self-employed is much like if you were in a regular job. The only difference is that being self-employed might make it difficult to get approved, as your income may be less consistent than someone in full-time employment.
Van finance is when we pay the dealership for you. You’ll get full access to the van and will make monthly payments until the amount you borrowed is paid off, plus interest. Once you make your final payment, you will legally own the van.
Who is eligible for van finance when self-employed?
Whether you’re a tradesperson, contractor, or need a van to run and grow your business, we understand the importance of getting a self-employed van loan. That’s why we’re proud to finance vans for self-employed people where other lenders can’t.
When you get a quote, we’ll ask for some personal details to understand your situation. If you’re approved, an expert from our team will help you submit any extra documents needed to confirm your self-employed income.
To get van finance when self-employed, you’ll need:
- Monthly earnings over £1,300 (before tax)
- To be aged between 20 and 75
- A full valid UK driving licence
- Tax returns or CIS vouchers
- 2 consecutive months of payslips (this applies to contractors only)
- To put down a deposit, subject to affordability
We can finance vans that meet our lending criteria:
- Priced between £4,500 and £35,000
- Up to 125,000 miles on the clock
- No more than 12 years old by the end of the agreement
What is self-employed van finance?
Getting a van on finance when you’re self-employed is much like if you were in a regular job. The only difference is that being self-employed might make it difficult to get approved, as your income may be less consistent than someone in full-time employment.
Van finance is when we pay the dealership for you. You’ll get full access to the van and will make monthly payments until the amount you borrowed is paid off, plus interest. Once you make your final payment, you will legally own the van.
Who is eligible for van finance when self-employed?
Whether you’re a tradesperson, contractor, or need a van to run and grow your business, we understand the importance of getting a self-employed van loan. That’s why we’re proud to finance vans for self-employed people where other lenders can’t.
When you get a quote, we’ll ask for some personal details to understand your situation. If you’re approved, an expert from our team will help you submit any extra documents needed to confirm your self-employed income.
To get van finance when self-employed, you’ll need:
- Monthly earnings over £1,300 (before tax)
- To be aged between 20 and 75
- A full valid UK driving licence
- Tax returns or CIS vouchers
- 2 consecutive months of payslips (this applies to contractors only)
- To put down a deposit, subject to affordability
We can finance vans that meet our lending criteria:
- Priced between £4,500 and £35,000
- Up to 125,000 miles on the clock
- No more than 12 years old by the end of the agreement
How to apply for a van on finance when self-employed
How to apply for a van on finance when self-employed
Get an online quote in under 5 minutes. We use a soft check at the point of application, which won’t impact your credit score and provides an instant decision.
If you’re approved, our friendly experts will help you find your dream van. They’ll help you browse vans at reputable dealerships so you can pick the right one.
We’ll help you with providing any paperwork and signing your agreement. Once your agreement is finalised, we’ll pay the dealership and you can collect your new van!
Get an online quote in under 5 minutes. We use a soft check at the point of application, which won’t impact your credit score and provides an instant decision.
If you’re approved, our friendly experts will help you find your dream van. They’ll help you browse vans at reputable dealerships so you can pick the right one.
We’ll help you with providing any paperwork and signing your agreement. Once your agreement is finalised, we’ll pay the dealership and you can collect your new van!
Can I get van finance if I’m self-employed with bad credit?
Being self-employed can make it harder to get van finance, as can having bad credit. If you don’t have a consistent income, it might be harder to make payments on time, which can impact your credit score. If you’ve also missed payments in the past, lenders might see it as a high risk to offer you finance.
But don’t worry. If you’re looking for van finance with bad credit while being self-employed, we can help. We have over 30 years of experience helping people with bad credit onto a better road ahead. Even if you’ve been refused finance by other lenders, we can help.
Can I get van finance if I’m self-employed with bad credit?
Being self-employed can make it harder to get van finance, as can having bad credit. If you don’t have a consistent income, it might be harder to make payments on time, which can impact your credit score. If you’ve also missed payments in the past, lenders might see it as a high risk to offer you finance.
But don’t worry. If you’re looking for van finance with bad credit while being self-employed, we can help. We have over 30 years of experience helping people with bad credit onto a better road ahead. Even if you’ve been refused finance by other lenders, we can help.
Join thousands of monthly customers like Paul
I got a Citroen Berlingo van financed by Moneybarn and I haven’t looked back! The service given has been great, and I am happy with my van. I would recommend them to a friend as the process to get a van was easy and smooth – Paul C.
Join thousands of monthly customers like Paul
I got a Citroen Berlingo van financed by Moneybarn and I haven’t looked back! The service given has been great, and I am happy with my van. I would recommend them to a friend as the process to get a van was easy and smooth – Paul C.
How does van finance work for self-employed people?
Getting a new van can be an exciting time, but with so many van brands and types of vans to choose from, you might be stuck. It’s important to take the time to choose the right van for you and understand how finance works before making any applications.
How does van finance work for self-employed people?
Getting a new van can be an exciting time, but with so many van brands and types of vans to choose from, you might be stuck. It’s important to take the time to choose the right van for you and understand how finance works before making any applications.
We offer a Conditional Sale (CS) agreement. This means you make fixed monthly payments for an agreed time. Once you make your final monthly payment, you’ll become the van’s legal owner.
How our van finance works
CS is different from other types of finance like PCP or van leasing. With PCP, you must make the ‘balloon payment’ if you wish to own the van legally.
With van leasing, there is no option to own the van legally. Leasing might be better if you want use of a brand-new van, or a hybrid or electric van, but unlike CS, there is no ability to own it when the agreement ends.
If CS interests you, our team of experts is ready to discuss your options and find the best agreement for you. They can also guide you through the process and help provide any documents to verify your income.
We offer a Conditional Sale (CS) agreement. This means you make fixed monthly payments for an agreed time. Once you make your final monthly payment, you’ll become the van’s legal owner.
CS is different from other types of finance like PCP or van leasing. With PCP, you must make the ‘balloon payment’ if you wish to own the van legally.
With van leasing, there is no option to own the van legally. Leasing might be better if you want use of a brand-new van, or a hybrid or electric van, but unlike CS, there is no ability to own it when the agreement ends.
If CS interests you, our team of experts is ready to discuss your options and find the best agreement for you. They can also guide you through the process and help provide any documents to verify your income.
How our van finance works
Can you get guaranteed van finance when self-employed?
Can you get guaranteed van finance when self-employed?
We could help you finance a van when self-employed, but we can’t guarantee finance in any form.
No legitimate lender can claim to offer guaranteed van finance. Everyone’s eligibility for a self-employed van loan is different, and depends on several factors including affordability and credit history.
Lenders can only offer finance if the costs are sustainable for your situation. Only after doing affordability and credit checks can they tell you whether you are approved. That’s true for any type of van finance, whether that’s as a self-employed person or as someone in a full-time job.
It’s also important to know that credit checks are an important part of an application, and no lender can claim to offer van finance without a credit check.
Thankfully, if you are self-employed or have bad credit, we could help. We understand that many mainstream lenders don’t accept sole traders, contractors, or self-employed people. You could join the thousands of customers we help onto a better road ahead each month.
No legitimate lender can claim to offer guaranteed van finance. Everyone’s eligibility for a self-employed van loan is different, and depends on several factors including affordability and credit history.
Lenders can only offer finance if the costs are sustainable for your situation. Only after doing affordability and credit checks can they tell you whether you are approved. That’s true for any type of van finance, whether that’s as a self-employed person or as someone in a full-time job.
It’s also important to know that credit checks are an important part of an application, and no lender can claim to offer van finance without a credit check.
Thankfully, if you are self-employed or have bad credit, we could help. We understand that many mainstream lenders don’t accept sole traders, contractors, or self-employed people. You could join the thousands of customers we help onto a better road ahead each month.
Why choose Moneybarn?
Great customer service
We support thousands of people up and down the country each month, even if they’ve been refused elsewhere. Our customers rate us as Excellent on Trustpilot.
Award-winning finance
We continue to win industry awards for our approach to responsible lending, including ‘Vehicle Finance Provider of the Year’ and ‘Sub-Prime Lender of the Year’ for 2023.
Leading specialist lender
As one of the UK’s leading specialist lenders, we accept people let down by mainstream lenders, with over 30 years of experience helping people onto a better road ahead.
Why choose Moneybarn?
Great customer service
We support thousands of people up and down the country each month, even if they’ve been refused elsewhere. Our customers rate us as Excellent on Trustpilot.
Award-winning finance
We continue to win industry awards for our approach to responsible lending, including ‘Vehicle Finance Provider of the Year’ and ‘Sub-Prime Lender of the Year’ for 2023.
Leading specialist lender
As one of the UK’s leading specialist lenders, we accept people let down by mainstream lenders, with over 30 years of experience helping people onto a better road ahead.
Useful van buying guides
Useful van buying guides
Is van finance tax deductible?
You might be wondering if you can claim van finance as a sole trader. Click the button below to read our guide.
Hybrid and electric vans
You might be considering the switch away from a petrol or diesel van. Click the button below to find out more.
Buying a new van
In this guide, we explore the things you should think about when buying your next van.
Van finance explained
Learning about the different kinds of van finance and their pros and cons can help you pick the best option for you.
Is van finance tax deductible?
You might be wondering if you can claim van finance as a sole trader. Click the button below to read our guide.
Hybrid and electric vans
You might be considering the switch away from a petrol or diesel van. Click the button below to find out more.
Buying a new van
In this guide, we explore the things you should think about when buying your next van.
Van finance explained
Learning about the different kinds of van finance and their pros and cons can help you pick the best option for you.
FAQs for financing a van when self-employed
Can I buy a van as a sole trader?
Financing a van as a sole trader can be tricky because lenders might see you as a higher risk due to your varying monthly income. However, being a sole trader doesn’t make it impossible to get van finance.
We can help you finance a van if you’re self-employed or a sole trader. Get a quote in less than 5 minutes and see if we can help you.
What documents do you need to get finance?
If you’re self-employed and looking for van finance, you may be asked for documents to verify your income. This could include tax returns, CIS vouchers, or payslips as appropriate.
When you’re ready, get a free quote in less than 5 minutes and see if we could help you. If you’re approved, one of our friendly experts will help you to provide the necessary documents and guide you through the process.
Why is it more difficult to get van finance when self-employed?
When you’re self-employed, whether as a tradesperson, contractor, or running your own business, your income might not be consistent every month. Some lenders might see this as higher risk and prefer to offer finance to those with a consistent income. It could be even tougher to get finance if you’re self-employed with bad credit.
We understand that just because you are self-employed, it doesn’t mean you won’t need a van to help grow your business. Get a quote today and see if we could help you.
Can I get a van on finance through my business?
If you’re self-employed or a sole trader, we can help you finance a van as long as you and the van you’re looking to buy meet our lending criteria.
While we can accept people who are directors of limited companies, we don’t currently offer finance for limited companies themselves.
Can I get finance as a delivery driver or courier?
Unfortunately we aren’t able to finance vans for taxis, deliveries, or courier services. You can learn more about the types of vehicles we don’t finance.
Can I get van finance if I’m self-employed and been bankrupt?
You must have been discharged from your bankruptcy for a minimum of 6 years if you’re looking to finance a van with us.
If you’re unsure how long it’s been since your bankruptcy, you can still get a quote. We’ll do a soft search, which won’t harm your credit score, but we’ll let you know if we can provide finance.
What deposit do I need to get a van on finance when self-employed?
A deposit is money you pay at the beginning of your van finance deal. It can make it easier to pay for a van over time if you don’t have all the money upfront.
We know saving for a deposit can be tough. We also want to make sure our finance deals are affordable, which is why we require a deposit. For more information, check out our guide to no deposit van finance.
When you’re ready, get a quote and see how much you could borrow. If you’re approved, our friendly experts can talk about your choices and find the best deal for you.
Can I get self-employed van finance with a CCJ or IVA?
Yes, having a CCJ or IVA doesn’t mean you can’t get van finance when you’re self-employed. It just means you might need to use a special lender who can help people with bad credit.
We have over 30 years of experience helping people all over the UK, even if they’ve been turned down somewhere else. Get a quote in less than 5 minutes and see if we can help.
FAQs for financing a van when self-employed
Can I buy a van as a sole trader?
Financing a van as a sole trader can be tricky because lenders might see you as a higher risk due to your varying monthly income. However, being a sole trader doesn’t make it impossible to get van finance.
We can help you finance a van if you’re self-employed or a sole trader. Get a quote in less than 5 minutes and see if we can help you.
What documents do you need to get finance?
If you’re self-employed and looking for van finance, you may be asked for documents to verify your income. This could include tax returns, CIS vouchers, or payslips as appropriate.
When you’re ready, get a free quote in less than 5 minutes and see if we could help you. If you’re approved, one of our friendly experts will help you to provide the necessary documents and guide you through the process.
Why is it more difficult to get van finance when self-employed?
When you’re self-employed, whether as a tradesperson, contractor, or running your own business, your income might not be consistent every month. Some lenders might see this as higher risk and prefer to offer finance to those with a consistent income. It could be even tougher to get finance if you’re self-employed with bad credit.
We understand that just because you are self-employed, it doesn’t mean you won’t need a van to help grow your business. Get a quote today and see if we could help you.
Can I get a van on finance through my business?
If you’re self-employed or a sole trader, we can help you finance a van as long as you and the van you’re looking to buy meet our lending criteria.
While we can accept people who are directors of limited companies, we don’t currently offer finance for limited companies themselves.
Can I get finance as a delivery driver or courier?
Unfortunately we aren’t able to finance vans for taxis, deliveries, or courier services. You can learn more about the types of vehicles we don’t finance.
Can I get van finance if I’m self-employed and been bankrupt?
You must have been discharged from your bankruptcy for a minimum of 6 years if you’re looking to finance a van with us.
If you’re unsure how long it’s been since your bankruptcy, you can still get a quote. We’ll do a soft search, which won’t harm your credit score, but we’ll let you know if we can provide finance.
What deposit do I need to get a van on finance when self-employed?
A deposit is money you pay at the beginning of your van finance deal. It can make it easier to pay for a van over time if you don’t have all the money upfront.
We know saving for a deposit can be tough. We also want to make sure our finance deals are affordable, which is why we require a deposit. For more information, check out our guide to no deposit van finance.
When you’re ready, get a quote and see how much you could borrow. If you’re approved, our friendly experts can talk about your choices and find the best deal for you.
Can I get self-employed van finance with a CCJ or IVA?
Yes, having a CCJ or IVA doesn’t mean you can’t get van finance when you’re self-employed. It just means you might need to use a special lender who can help people with bad credit.
We have over 30 years of experience helping people all over the UK, even if they’ve been turned down somewhere else. Get a quote in less than 5 minutes and see if we can help.
Bad credit van finance
We specialise in helping those with bad credit get the van they need. Find out more about how we could help.
The application process
Click the button below to find out how our application process works, and the steps to financing a vehicle.
Citroen van finance
Another popular van brand is Citroen. They are well-known for their three models of van, which we could help you to buy.
For a better road ahead
Moneybarn is a member of the Finance and Leasing Association, the official trade organisation of the motor finance industry. The FLA promotes best practice in the motor finance industry for lending and leasing to consumers and businesses.
Moneybarn is the trading style of Moneybarn No. 1 Limited, a company registered in England and Wales with company number 04496573, and Moneybarn Limited, a company registered in England and Wales with company number 02766324. The registered address for these companies is: Athena House, Bedford Road, Petersfield, Hampshire, GU32 3LJ.
Moneybarn’s VAT registration number is 180 5559 52.
Moneybarn Limited is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702781)
Moneybarn No. 1 Limited is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702780)
