Are you looking for a new van but are concerned about your credit score?

Here at Vanaways we can provide various finance packages to suit your budget

We understand that it’s not always possible to have the perfect credit score and in turn lenders may deem you as ‘higher risk’.

Whether you’ve not taken out credit before, or need help with debt or asset management, or perhaps you have even filed for bankruptcy.

Through our network of trusted lenders we can help you find finance, even if you have CCJs, arrears, or slow payment history. Regardless if you’re self-employed or have just set up a brand new limited company we may be able to help you to secure van finance!

If you’re in the market for a new van but are concerned about your credit score contact our dedicated finance manager here to see if we can get you into a new van!

Buying a brand-new van offers the advantage of ownership, providing long-term asset value and potential equity. You have full control over customisation and usage without mileage restrictions. However, it requires a larger initial investment, tying up capital and potentially impacting cash flow. Maintenance costs are the owner’s responsibility, potentially leading to higher expenses over time.

Leasing a new van typically involves lower initial costs and predictable monthly payments, freeing up capital for other investments. Maintenance is often included in lease agreements, reducing unexpected expenses. However, leasing doesn’t build equity, and there may be mileage restrictions and penalties for excessive wear and tear. Additionally, at the end of the lease, you don’t own the vehicle.