Electric Car Finance For New Businesses

Electric Car Finance for New Businesses – Smart, Sustainable Asset Finance

At First Oak Capital, we understand that getting started in business isn’t easy—especially when it comes to funding essential vehicles like electric cars. Whether you’re running a courier service, launching a client-facing startup, or managing private hire transport, an electric car can be both a practical and eco-conscious choice.

We specialise in providing electric car finance for new businesses, including newly registered limited companies. Our team works with a large panel of specialist lenders who understand that a lack of trading history shouldn’t stop you from getting the vehicle you need.

Why Choose First Oak Capital for Electric Car Finance?

We know new businesses have unique needs—and unique challenges. That’s why we offer:

• Fast Decisions – Approvals typically within 24–48 hours
• Tailored Terms – Designed to suit your business’s cash flow
• Hire Purchase & Lease Options – Flexibility to suit your plans
• Support for New Limited Companies – Even without trading history
• Electric Vehicle Specialists – We understand EVs and their costs
• Poor Credit? – We work with lenders who consider all circumstances

Whether you’re buying your first vehicle or scaling with a small fleet, our process is clear, friendly, and built around helping new businesses succeed.

What is Electric Car Finance?

Electric car finance for your new business allows you to spread the cost of your vehicle over time, so you can drive away now while preserving your capital. We offer both:

• Hire Purchase – Make fixed payments and own the vehicle at the end
• Finance Lease – Pay for use of the car, often with lower monthly costs

Both options help new businesses secure the right electric vehicles while keeping cash flow healthy and avoiding large upfront costs.

Why Electric Cars Make Sense for Start-ups

Electric vehicles are increasingly attractive to new businesses. Here’s why:

• Lower Running Costs – Save on fuel and maintenance
• Government Incentives – Grants and tax advantages for EVs
• ULEZ & CAZ Compliance – Avoid charges in city zones
• Professional Image – Show clients you’re eco-conscious and forward-thinking

Whether you’re delivering goods, meeting clients, or providing transport services, electric cars offer long-term savings and a strong image.

Supporting New Businesses and Limited Companies

We specialise in helping:

• New Ltd Companies with no filed accounts
• Start-ups purchasing their first business vehicle
• Businesses turned away by dealers or banks

Unlike mainstream lenders, our panel includes funders who understand new ventures. We’ll take time to learn about your business, review any contracts or plans, and present your application in the best possible light.

Electric Cars We Finance

We finance a wide range of electric cars, including:

• Tesla Model 3 / Model Y
• Nissan Leaf
• Hyundai Ioniq & Kona Electric
• Kia EV6 & e-Niro
• BMW i3 & i4
• Polestar 2
• Audi e-tron range

We work with approved dealers and can also finance vehicles from private sellers (subject to checks). Electric van finance can also be provided for your new company.

Used Electric Vehicle Finance

Buying a used EV is a smart way to lower costs. We can arrange asset finance for used electric cars that are:

• Sourced from dealerships
• Bought at auction
• Purchased from private sellers (subject to due diligence)

We ensure the vehicle is roadworthy and the deal is structured fairly and clearly.

How the Process Works

Our process is designed for speed and simplicity:

Step 1: Apply
Use our short online form or give us a call.

Step 2: Tell Us About Your Business
We’ll learn about your vehicle needs and business background.

Step 3: We Find the Right Fit
We approach our panel of lenders with the best options for your situation.

Step 4: Review Your Offer
You’ll receive clear, jargon-free terms.

Step 5: Sign and Fund
We manage the paperwork and arrange payout.

Poor Credit? Don’t Give Up

If your business has limited credit history—or even some past issues—we may still be able to help. We’ve supported many businesses with:

• Low credit scores
• CCJs or missed payments
• Limited trading history

Let us assess your full situation and recommend lenders who are willing to look beyond the numbers.

Apply Today – Get on the Road, Fully Charged

Don’t let finance hold your new business back. With First Oak Capital, getting an electric vehicle is fast, personal, and straightforward.

✅ EV finance for new businesses
✅ Hire purchase or leasing
✅ Fast decisions and friendly support