← Commercial Finance Answers

Fleets & multiple vehicles

Can fleet or equipment finance cover assets delivered at different times?

Potentially. Phased deliveries can often be planned, but lender approval periods, documentation and payment dates need coordinating.

The practical answer

Potentially. Phased deliveries can often be planned, but lender approval periods, documentation and payment dates need coordinating.

Prepare a delivery and payment schedule for each batch, including deposits, VAT and repayment commencement. Check approval expiry and what information is needed for each drawdown.

If delivery changes, update the lender before signing revised documents. Phased funding still needs to stay within the approved assets, amounts and conditions.

Important

Commercial finance is subject to status, lender approval and the specific asset and transaction. The right structure depends on the complete circumstances of the business.

What should I do next?

Have the asset details, supplier information and an outline of what the business needs ready. DCF can then discuss the requirement and identify which lenders may be suitable.

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