Looking to fund your next company car? Instantly see how much you could afford to borrow with our handy business car finance calculator.
And if you’re ready to apply for business car finance, you can search and compare from 100+ business lenders with Capitalise today.
Use our business loan calculator to see how much your could borrow and the cost of the loan. Understand what your monthly repayments are likely to look like, as well as the total cost including interest. Get the funding you need to power your business.
What do you need the funding for?
Funding to buy or refinance an asset e.g. vehicle, machine or equipment. Usually a deposit is required also.
For how long do you want to pay back your loan?
Interest rate
Loan amount
£ -Total interest amount
£ - 9% APR over a 3 yearsTotal repayable
£ -Total monthly repayment
£ - / monthNot sure what your business can afford?
Sign up to check your affordabilityOur business car finance calculator is a tool that helps you estimate the cost of financing a vehicle for your business. It takes into account various factors such as the loan amount, interest rate, and repayment term to provide you with an estimated monthly payment. This can help you budget effectively and make informed decisions about your company vehicles.
The amount you can borrow to finance a company car will depend on several factors, including your business’s credit score, the value of the vehicle, and what repayments your business can afford.
Using a car and vehicle finance calculator can give you a quick estimate based on these variables. If you’re ready to start applying for business car finance, our funding specialists will help you understand exactly how much you can borrow based on your specific circumstances. Just search for funding to get started.
Using the car finance calculator is easy, here’s a step-by-step:
As a business owner, you have several options for financing a vehicle. Here’s a brief overview of the different options available:
Hire purchase
How it works: You’ll pay an initial deposit, then make monthly payments.
End result: You own the vehicle once all payments are completed.
Finance lease
How it works: Make monthly rental payments to use the vehicle.
End result: You don’t own the vehicle at the end of the lease, but you might have the option to buy it at a reduced rate if you would like to.
Operating lease
How it works: Similar to a finance lease, you’ll make monthly payments to rent the vehicle, however the lender usually includes maintenance and servicing as part of the price.
End result: Return the vehicle at the end of the lease term.
Contract hire
How it works: Enter a long-term rental agreement with fixed monthly payments.
End result: Return the vehicle at the end of the fixed term contract without selling or receiving the proceeds from the sale at the end.
Asset finance
How it works: Use the vehicle as collateral to secure a loan.
End result: The business retains ownership of the vehicle at the end of the term.
Each option has its own benefits depending on your business needs and financial situation. If you’re deciding how you would like to finance a business car, take into consideration factors such as your cash flow and often you plan to use the vehicle. If you’re unsure which would suit you best, no need to worry we’ll match you with the lenders most suited to your business.
By providing a clear estimate of your monthly payments, a finance calculator helps you plan your budget more effectively.
The car finance calculator gives you an instant result, saving you time compared to manual calculations or consultations.
Whether you're expanding your fleet of vehicles, or looking to upgrade your current company car, we can help you find the right vehicle financing solution.
Just search for funding to get started.
If your business is considering leasing a car instead of buying, you could still use the car finance calculator. This will give you an estimation of your monthly repayments based on the vehicle’s residual value, the length of the lease term and the interest rates offered. The only difference to bear in mind is that you might not own the vehicle at the end of the term if you opt to lease a car.
Yes, you can use the car finance calculator for financing a business van. The process is the same as calculating for a car. Just enter the van's price, deposit, loan term, and interest rate to get your estimated monthly payments.
To use the car finance calculator, you will need to input the following information:
The car finance calculator provides an estimate based on the information you input. For exact figures and an accurate idea of how much your business can borrow to finance a car, just start a search for funding with Capitalise. We’ll match you with lenders most suited to your needs and our expert specialists will help put together your application. If approved for car finance, you’ll receive the exact terms and figures for the loan.
