We finance a variety of pure electric vehicles (PEVs), including:
- Taxis
- Cars & fleets
- Motorbikes
- Light commercial vehicles (LCVs)
- Heavy commercial vehicles (HCVs)
Other assets are also considered on their individual merits.
Finance options
Hire purchase
A flexible option to acquire business assets without paying upfront costs and tying up capital. Hire the asset over an agreed period with the option to purchase it at the end.
Finance lease
Enables you to rent an asset and allows you to enjoy immediate use and benefit of the new equipment without a large upfront cost.
Business benefits:**
- Reclaiming 100% first year allowances on the purchase of a zero emissions vehicle up to April 2025
- Reduced National Insurance contributions
- The plug-in car grant to extend the support for the purchase of new qualifying vehicles up to 2022/23
Employees benefits:
- No car tax for cars under £40k
- No car fuel benefit charge
- No city congestion charge or clean air zone charges
** Cambridge & Counties Bank does not give tax, legal, regulatory or accounting advice and you should seek your own independent advice before entering into a transaction. The accounting treatment of a particular product is a matter for agreement between you and your auditors.
Car enthusiast?
Take a look at the different types of
vehicles we finance
Didn't find what you were looking for?
Get in touch with our experienced team or take a look at our Useful documents and FAQs page.
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