Newish company, van lease?

[R1 Indy]

I am a newish Ltd company. 11 months trading.

I would like to lease a brand new van, as my 12 year old tranny looks a bit poor now I'm starting to get established.

I have found some great deals on 2 year leases on transit custom, online.

I have applied with one company, but been told it's very unlikely I will be accepted, as there finance company requires two years business experience!

I can comfortably afford the repayments, along with a decent upfront payment. (12 months if I have to)

Does anyone have any experience with getting accepted with a newish company? If so with who?

Would I have more luck going directly with Ford?


I doubt I would get accepted for a personal deal now, as I am only paying myself the bare minimum, to create a nice wedge in the business account. (Plus I would much prefer to claim everything directly from business account).

Any experience here would be great

Cheers

[Eric Mc]

The Capital Allowances on BUYING a van are very good (up to 100%). Can you not consider buying it outright?

The 100% allowance can also be used if the vehicle is bought using an HP or a bank loan.

It is NOT available if the vehicle is leased.

[Patch1875]

I got a Peugeot Expert on contract hire when I started my business although mines is a franchise.

Worth a try though.

Edit - I'm limited so might have had to personally be the guarantor.

[rfoster]

Morning, I can help with new start companies on vehicle leasing - our underwriters will probably want to see some business bank statements / management figures and perhaps a larger initial rental, but it's certainly doable. I'll send you a PM.