Is Business PCP available for all types of vehicles?

Yes, Business PCP is available for a wide range of vehicles including executive cars, commercial vans, and electric vehicles. Whether you need a single company car or an entire fleet, we can tailor a PCP plan to suit your business needs.

What happens if I exceed the agreed mileage on my PCP contract?

If you exceed the agreed mileage, you may incur an excess mileage charge when returning the vehicle. We recommend estimating your business’s driving needs accurately upfront to avoid unexpected costs.

Can start-ups or small businesses apply for Business PCP?

Yes, we work with businesses of all sizes—from start-ups to established companies. Our finance experts will assess your eligibility and guide you through the approval process to help you secure the right vehicle without straining your cash flow.

Business PCP Car Finance

We offer flexible Business PCP financing options on a wide range of vehicles, from executive saloons to commercial fleets. Our team of experienced financial experts is here to help you determine if Business PCP is the right choice for your company or whether another financing model such as Business HP would better suit your needs. With in-depth knowledge and a personalised approach, we’ve helped countless businesses secure the right vehicles to drive their success.

Ready to find the ideal vehicle for your business? Visit company car finance or business car finance for more information, or get a free, no-obligation quote today by filling out the form below or calling one of our expert team members on 0161 96 3449.

Deal Of The Week

This week’s deal is a brilliant saving on a Mercedes EQA Premium Plus – 2021.

Deal Type: PCP

Monthly Amount: £398

Term Of Contract: 48 months

Deposit: £2,000

This is a brilliant deal on a full-electric Mercedes EQA Premium Plus with a panoramic sunroof, 360-degree camera, and a Burmester surround sound system. If you would like to speak to a member of our team, call 0161 968 3449 or fill in our form using the button below.

Disclaimer: We are a credit broker not a lender. We are authorised and regulated by the Financial Conduct Authority. Registration number: 988683

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What is PCP Car Finance?

PCP (Personal Contract Purchase) is a flexible and cost-effective way for companies to finance vehicles while managing cash flow efficiently. Here’s how it works:

Deposit

Your business pays an initial deposit, typically around 10% of the vehicle’s price (though this can vary).
A higher deposit generally results in lower monthly payments.

Monthly Payments

Fixed monthly payments are made over an agreed term, usually between 2-4 years.
These payments cover the depreciation of the vehicle during the term, rather than its full value.

Guaranteed Minimum Future Value (GMFV)

At the start of the agreement, the lender calculates the vehicle’s expected value at the end of the term, known as the Guaranteed Minimum Future Value (GMFV).
Monthly payments are based on the difference between the vehicle’s initial value and the GMFV.

End-of-Term Options

Return the vehicle: Hand it back to the lender with no further payments (provided it meets mileage and condition requirements).
Keep the vehicle: Pay the lump sum (GMFV) to own the vehicle outright.
Trade-in: Use any equity in the vehicle (its value minus the GMFV) as a deposit for a new PCP agreement.

Get Pre-Approved Today

Streamline Car Finance is here to help you with tailored business car finance solutions. Whether you’re a startup, SME or large enterprise, we are committed to finding the right financing solution for your business.
Contact Streamline Car Finance for business car finance today to discuss your financial needs. Our experts are always ready to answer your questions and we look forward to working with you.
Call us today on 0161 968 3449 or fill out our online application form.

What are the Advantages?

PCP offers several benefits that make it a smart choice for companies looking to finance vehicles efficiently:

1. Lower Monthly Payments
  Since you’re only financing the vehicle’s depreciation, monthly payments are lower than traditional finance options, freeing up cash flow for other business needs.
2. Flexibility at the End of the Term
  You can choose to return, purchase, or trade in the vehicle, providing your pcp for business with adaptable financial solutions as circumstances change.
3. Access to Newer Vehicles
  PCP enables businesses to upgrade to newer, more reliable vehicles every few years, ensuring you have access to the latest technology and fuel efficiency.
4. Tax Efficiency
  Businesses may be able to reclaim VAT and benefit from tax deductions on monthly payments, depending on how the vehicle is used.
5. Tailored to Your Business Needs
  Our team creates flexible PCP plans based on your company’s budget, mileage requirements, and operational demands, giving you full control over your business vehicle financing.

Get the Right Vehicle for Your Business

We make it easy to secure the perfect vehicle for your business. Whether you need a fleet of company cars, an executive saloon for meetings, or a commercial van for deliveries, our finance options are designed to suit your needs.

Company Cars & Executive Vehicles
Looking for a professional and stylish company car? We’ve helped businesses secure Audi business finance, BMW, and Mercedes finance solutions, offering PCP on a range of executive models.

Commercial Vehicles & Vans
Need a van or fleet for your business? Our PCP financing covers a variety of commercial vehicles, helping you keep operations running smoothly without large upfront costs.

Eco-Friendly & Electric Vehicles
Switching to electric or hybrid company cars? We offer Electric Car PCP, allowing your business to reduce its carbon footprint while keeping running costs low.

FAQs

Can I buy the vehicle at the end of the agreement?

Yes. Your business can pay the optional final payment, to take ownership of the vehicle. You can also return the vehicle or use any available equity towards another finance agreement.

How much deposit will I need?

The deposit will vary depending on the vehicle, lender and your company’s circumstances. Paying a larger amount upfront will usually reduce the monthly repayments, but the agreement can be structured around your available budget.

Will my company need to pass a credit check?

Yes. Lenders will usually review the company’s credit history, trading record and financial position before approving finance. A personal guarantee may also be requested for newer businesses or companies with a limited credit history.

Can I end the agreement early?

You can normally ask the lender for an early settlement figure. The amount will depend on the remaining balance, the vehicle’s current value and the terms of the finance agreement. Additional charges may apply.

Can the monthly payments be claimed as a business expense?

The payments may qualify as an allowable business expense, depending on how the vehicle is used and the structure of the agreement. VAT treatment can also vary, so it is worth speaking to an accountant or tax adviser about your company’s position.

Business PCP A Smart Choice for Your Company

Our team of experts is ready to help you navigate PCP financing and find the best option for your company’s needs. Fill out the no-obligation form below to get your free quote or call us on 0161 968 3449.