Bad credit van finance calculator

Rates from 8.9% APR: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative APR 22.4%.

Representative example: borrowing £7,500 over 5 years with a representative APR of 20.25%, an annual interest rate of 20.25% (Fixed) and a deposit of £0.00, the amount payable would be £192.84 per month, with a total cost of credit of £4070.40 and a total amount payable of £11,570.40.

We will always provide the best rate from our panel of lenders and based on your individual circumstances. We do not charge any fees for our service. But we earn a commission from the lenders we work with. This does not affect the interest rate you will be offered.

Bad credit van finance makes it possible for people with a low credit score to obtain finance for a new or used van.

Rather than paying for the van in full with your own money, you can pay with money that is loaned to you and pay it back in monthly instalments.

This makes getting a new or used van accessible for the majority of those who would like one.

Here at Quick Car Finance, with a bad credit score in mind, we will search our panel of lenders for the best deal to suit your needs and budget.

What van financing options are available for those with bad credit?

While we believe van finance should be straightforward, we also believe in giving our clients as many payment options as possible.
The main financing options we offer are:

  • Personal Contract Purchase (PCP) - Pay a deposit (minimum 10%) and make fixed monthly payments for 3 to 4 years depending on the term of the agreement. You have the option to make a balloon payment at the end of the term if you wish to own the van outright. The larger your deposit, the smaller your monthly payments will be.
  • Hire Purchase (HP) – Make an initial deposit (minimum 10%) and then make monthly payments until you eventually own the van outright. This type of loan is ideal for making fixed monthly repayments, or if you want to own the vehicle outright at the end of the agreement.
  • Personal Loan - This is an unsecured loan between you and a lender and once it is approved, the money is transferred to you directly to arrange payment with the dealer. Your eligibility and rates are based on your income, credit status and affordability – so for those with poor credit van financing may prove a little trickier.
  • No Deposit - We have no deposit options available for those looking for van finance with poor credit and this may require a part exchange of your existing vehicle or committing to higher monthly payments.

Bad credit van finance FAQs

Van financing could be wide suitable for a range of people, a few examples include:

  • Builders
  • Joiners
  • Electricians
  • Plumbers
  • Painters
  • Roofers
  • Florists

Yes, you could still get van finance if you are self-employed.

Our panel of experts around self-employed financing are all experienced in finding the best van finance deals for self-employed people and for self-employed people with bad credit scores.

However, if you are self-employed, it will be required of you to show three months worth of bank statements to show your income.

Securing van finance with a CCJ could be possible and we are here to help you by looking into your circumstances.

We will work to find a monthly repayment plan that is affordable for you in line with your monthly budget.

No. We will only apply a soft credit search with your initial application, which does not affect your credit score.

The soft search will determine your personal quote and then, if you’re happy with that quote, we can go ahead and perform a full credit search.

After that, we can tell you if your loan has been fully approved (subject to status).

Apply for bad credit van finance today!

The online application for bad credit van finance takes a few minutes, and we won’t ask for any unnecessary information.

Once you complete your application, our friendly customer service team will be in contact with you to discuss the next steps.

*representative APR of 22.4%