1
Lower running costs
Electric drivetrains typically bring reduced maintenance compared with diesel equivalents.
HGV & heavy goods vehicle finance
HGV Finance For Hauliers, Logistics Fleets & Owner-Drivers
HGV finance is asset finance for the trucks, tractor units, trailers and tankers your business runs on. Avro arranges this whether you're financing a single vehicle or a growing haulage fleet, including electric HGVs for operators moving toward lower-emission transport.
Vehicles over £30,000
Minimum deposit 10%
Single vehicle or full fleet
Diesel & electric HGVs
HGV finance is a form of business asset finance: because the vehicle is used to run the business, whether that's a single tractor unit or a fleet of rigids, it qualifies as a business asset. That means the cost can be spread over fixed monthly payments rather than paid as a lump sum. Avro arranges this for hauliers, logistics operators, owner-drivers and HGV training providers across the UK, financing new and used vehicles, trailers and tankers, and refinancing HGVs already owned outright.
HGV Finance Calculator
Adjust the figures below to estimate an indicative monthly payment for one vehicle.
Estimated Monthly Payment
£0.00
Vehicle value
£45,000
Deposit
£4,500
Amount financed
£40,500
Balloon
£0
Term
60 months
Business profile
Strong
Total payable
£0.00
This calculator is for illustration only and estimates a single vehicle. Actual finance terms depend on lender approval, business profile, deposit, vehicle age, term, balloon and underwriting. It does not guarantee acceptance or a specific rate.
What this covers
What Is HGV Finance?
HGV finance is asset finance for the vehicle your haulage or logistics business runs on, structured against the business rather than paid as a lump sum.
Because the vehicle earns income for the business, whether that's a single owner-driver or a fleet running around the clock, it qualifies as a business asset. That means the cost can be spread over fixed monthly payments, structured against the business and the vehicle rather than requiring the full price upfront.
This covers rigid trucks, articulated tractor units, trailers, tankers, tippers, curtainsiders and other specialist bodies, new or used, diesel or electric. It's structured as unregulated commercial asset finance, built for business use rather than personal consumer credit.
Electric HGVs
Finance For Electric HGVs
As UK haulage moves toward lower-emission transport, electric HGVs are an increasingly common part of the fleet mix. Avro finances electric tractor units and urban delivery trucks on the same basis as diesel vehicles. If you're planning depot charging alongside your electric HGVs, see our EV charging infrastructure finance page.
2
Clean Air Zone access
Zero-emission vehicles support compliance with UK Clean Air Zone requirements.
3
Depot charging grant
The Depot Charging Scheme, a separate government grant, can help fund charging infrastructure for HGV fleets.
4
Same finance structure
Electric HGVs are financed exactly like diesel vehicles, subject to the same £30,000 price and 10% deposit thresholds.
Who this is for
Built For Hauliers, Fleets & Owner-Drivers
Whether it's one vehicle or a growing fleet, the underlying product is the same.
1
Owner-drivers & small hauliers
Sole traders and small limited companies financing their first or next HGV.
2
Logistics & delivery fleets
Businesses running multiple vehicles across regular routes and delivery schedules.
3
Specialist operators
Tanker, tipper and abnormal load operators with specific vehicle and body requirements.
4
HGV training providers
Training vehicles financed on the same basis. See our driving & HGV training finance page for details.
Funding routes
Finance Options For HGVs
The right structure depends on the vehicle, the business, and whether this is a purchase or a refinance of a vehicle already owned.
Hire Purchase
Spreads the cost over an agreed term with fixed repayments, with ownership passing once all payments are made.
Lease Purchase
Defers part of the balance to a final balloon payment, lowering the monthly cost across the term.
Asset Refinance
Releases capital from HGVs or trailers you already own outright, useful for cashflow, fleet expansion or working capital.
Why clients choose Avro
Why Hauliers Choose Avro
1
Manual underwriting
Applications are assessed on the business and the vehicle, not run through a generic scorecard.
2
Single vehicle or fleet
The same product scales from one owner-driver's first HGV to a growing logistics fleet.
3
Diesel & electric
Both financed on the same terms, so moving toward electric doesn't mean starting from scratch.
4
Fixed monthly payments
Predictable costs that make it easier to plan against contracted routes and haulage rates.
What to expect
How The Process Works
1
Contact us to apply
Speak to us by phone or through the contact page. We'll talk you through making an application and what we need from you.
2
Provide supporting documentation
Typically copies of director ID and business bank statements. We'll confirm anything else needed for your specific case.
3
Choose your vehicle
Once terms are agreed, confirm the vehicle, trailer or fleet you're purchasing and from which supplier, and we take it from there.
Important information
Eligibility & Agreement Information
Vehicles must be priced over £30,000, with a minimum deposit of 10%. This applies equally to diesel and electric HGVs.
Important: Avro arranges unregulated business finance agreements for limited companies and self-employed commercial entities, for business use only. This is not consumer credit and does not provide the same protections as a regulated consumer finance agreement.
Common questions
HGV Finance FAQs
What is HGV finance?
HGV finance is asset finance for heavy goods vehicles, including rigid trucks, tractor units, trailers and tankers, used in a business. The cost is spread over fixed monthly payments rather than paid upfront.
What is the minimum deposit and vehicle price for HGV finance?
Vehicles must be priced over £30,000, with a minimum deposit of 10%. Deals below this threshold fall outside what this product is structured for.
Can I finance a single HGV or does it have to be a fleet?
Both. Avro arranges finance for a single HGV as readily as for a full haulage or logistics fleet.
Can I finance trailers, tankers or specialist bodies separately?
Yes. Trailers, tankers, tippers, curtainsiders and other specialist bodies can be financed alongside a tractor unit or as standalone assets.
Can I finance an electric HGV?
Yes. Electric HGVs are financed on the same basis as diesel vehicles, subject to the same price and deposit thresholds. A separate government grant, the Depot Charging Scheme, may also help fund the charging infrastructure for an electric HGV fleet.
Can I refinance HGVs I already own?
Potentially, yes. Asset refinance may be available on HGVs and trailers you already own outright, subject to equity position and lender criteria, and can be used to release working capital.
Can HGV training providers apply?
Yes. HGV training vehicles are financed on the same basis as haulage vehicles. See our dedicated driving and HGV training finance page for details specific to training providers.
Is HGV finance from Avro regulated?
No. Avro arranges unregulated business finance agreements for limited companies and self-employed commercial entities, for business use only, and does not provide consumer credit or regulated financial products.