Electric Company Car Finance

Many companies are making the switch to electric cars with increased focus from the government on phasing petrol and diesel variants out over the coming years. Infrastructure for electric vehicles is increasing along with the development of the battery life and range.

People are becoming more comfortable with the change to electric cars and we’ve seen a huge increase in customers looking to arrange finance through their business for a new or used electric car.

Not all finance companies or banks will finance fully electric cars yet as they’re still an unknown quantity in some respects. Banks and lenders rely on book values and previous trends to aid in their lending policy decisions. With electric cars still quite new in the general market, there’s a lack of data for future values and residuals.

We have a broad panel of lenders, within which are lenders who are comfortable to provide finance on electric cars on hire purchase (with or without a balloon payment at the end).

Our finance providers take a sensible approach to business lending, and we try to make the whole process as simple and straightforward as possible for our customers.

Contact us on 0151 459 6492 or simply apply now and we will get to work arranging the finance for your next electric vehicle.

Rates from just 9.9% APR.
(The exact rate you will be offered will be based on your individual circumstances)

Representative APR 17.2%.

Representative example:

Borrowing £11,000 over 4 years with a representative APR of 17.2%, an annual interest rate of 17.2% (Fixed) and a deposit of £0.00, the amount payable would be £311.61 per month, with a total cost of credit of £3957.28 and a total amount payable of £14957.28.

Rates may differ as they are dependent on individual circumstances, the lender you are approved with and the vehicle/equipment purchased.

(Click here to find out what a Representative APR & example is)

Finance is subject to status.

Warning: Late payment may impact your credit file and the lender may reclaim the vehicle or equipment financed prior to the end of the term of the agreement.

Company Information
Proactive Vehicle Finance is a trading name of Proactive Vehicle & Equipment Finance Ltd, registered in England & Wales under company number 12688016. Registered office address: Whitfield Business Hub, 184-200 Pensby Road, Heswall, Wirral, CH60 7RJ. Proactive Vehicle & Equipment Finance Ltd is authorised and regulated by the Financial Conduct Authority under FRN 930768. You can check our registration via their website: https://register.fca.org.uk/ We are registered with the Information Commissioner's Office under ICO registration ZA787680 and our VAT registration number is GB362252907

We are a credit broker not a lender and can introduce you to a select number of finance providers who may be able to offer you a credit facility for your purchase. We will only introduce you to these lenders and we will receive a commission from the lender, calculated either as a percentage of the balance financed or a fixed amount, if you decide to enter into an agreement with them. The commission we receive from the lender will not impact the amount that our retail customers/consumers pay under an agreement but may impact the amount that our corporate customers pay under an agreement we arrange.
Finance is subject to status, terms & conditions and you must be a UK resident aged 18 or over in order to apply. Guarantees and indemnities may be required.
All calls are recorded for training and quality purposes.