Limited company balloon payment finance & refinance

Trying to find a lender willing to refinance a balloon payment in your limited company name can be a frustrating experience. Firstly not all lenders or credit brokers cater for limited companies (some are more set up for consumer finance where the credit is considered in your own name personally). Secondly it's a slightly different application as there's no dealer involved. You're not buying a new car, it's simply a refinance of your balloon payment in your limited company name.

We have a panel of business lenders and we can help to direct your application to the most appropriate lender for your individual circumstances.

Here at Proactive Vehicle Finance we understand that there are many reasons why you'd prefer to keep your current vehicle in your limited company name. You may not be able to find the same vehicle for the same money in the current market. It makes sense then to be able to refinance the balloon payment and carry on using the vehicle you already have.

So how do you refinance your balloon payment?

Simple. You can access our online application form here, alternatively you can obtain an indication of payments via our online calculator and then apply.

One of our team will then call you back to obtain your vehicle details, talk through the process and answer any questions you may have. We'll then get to work to find the most appropriate finance company from our panel of lenders to obtain the lowest rate, taking into consideration the vehicle you wish to refinance (age, mileage etc) and your individual company circumstances (finance is subject to status). We have a panel of lenders and some are more flexible than others when it comes to criteria. So don't worry if you've been turned down elsewhere. In some instances we can look to refinance your balloon payment with another balloon payment agreement. This may be preferable on newer vehicles or where the balloon payment due is larger (for example refinancing prestige car balloons).

If you'd like to chat to one of our team about refinance for you vehicle balloon payment you can contact us on 0151 459 6492. We have a no pressure, friendly approach and we're more than happy to discuss your options before you apply.

You can read reviews from other customers (both on Google and Trustpilot) by clicking here.

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.