Change your business address
If you're a full access user, you can update your business, registered, mailing and personal addresses within Online for Business and the Business banking app.
Business car finance
Choose a car finance option that puts you in the driving seat. Spread the cost and make your cashflow work for you.
Why choose us for car finance?
How can car finance help your business?
Business car finance works similarly to personal car finance, but you can fund multiple cars at the same time. So you can spread the cost over different time periods to suit your business instead of paying the full cost upfront.
What type of car finance is right for you?
There are different ways to fund your car depending on whether you’re buying new or used, and if you prefer to hire it or want to own it at the end of the agreement.
Finance Lease
An affordable way to lease vehicles without owning them.
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Extend or sell at end.
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New or used vehicles.
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Fund up to 100% of price.
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12 to 60 months.
Business Hire Purchase
Our most popular finance option helps you spread the cost.
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Option to own at end.
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New or used items.
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Fund up to 90% of price.
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12 to 60 months.
Vehicle Contract Hire
A cost-effective way to lease brand-new vehicles without owning them.
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Return the vehicle at end.
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New vehicles only.
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No deposit needed.
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24 to 60 months.
Why choose Lloyds Bank for Asset Finance?
No Fee, No Fuss
Get the assets you need without the extra costs. No arrangement fees, no hidden charges – just straightforward finance that works for your business.
Until July 2026, we’re waiving the usual £200 arrangement fee on Asset Finance when you apply online. Terms and conditions apply
Frequently asked questions
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The cars you use to carry out your day-to-day operations are classed as business assets. Our business car finance is a type of asset finance that allows you to spread the cost of the vehicle over time. This helps you to manage cash flow as you won’t have to pay the full cost upfront and makes budgeting easier as you’ll pay monthly costs instead.
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You can use Hire Purchase or Finance Lease for most types of new or used cars for your business, depending on qualifying criteria.
If you want to lease a new car through Contract Hire, you’ll need to check what your contract hire provider offers and their terms and conditions.
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Car finance is used solely for buying or leasing a specific agreed vehicle. It uses the value of the vehicle as the security for the finance you need to borrow to buy or lease it. At the end of your agreement, you’ll have different options including owning your vehicle, returning it, selling it or extending your lease.
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Pricing is tailored on the asset you want to buy or lease.
Terms and conditions
Asset Finance - £0 Arrangement Fee Offer – Terms and Conditions
- To qualify for this offer, the finance agreement must be originated through our digital channels. Applications submitted through other channels do not qualify.
- This offer is available for agreements completed between 2 February 2026 and 31 July 2026. After this date, standard arrangement fees will apply.
- The arrangement fee for eligible agreements will be £0. All other standard terms and conditions of your finance agreement remain unchanged.
- Existing policies or agreements are not eligible for refinancing under this offer.
- This offer is subject to status and lending criteria.
- The offer is subject to change or withdrawal at any time without prior notice. If the offer is withdrawn before your agreement is completed, the standard arrangement fee will apply.