Switching to pure electric vehicles needn’t cost the earth.

There is an increased focus for businesses to look at their carbon footprint and how they can do their part in the fight against climate change.

Choosing to go electric won’t only benefit the planet, there are also many financial savings to be made.

We have an experienced asset finance team on hand to guide you on that journey and help your business make the switch.

We finance a variety of pure electric vehicles (PEVs), including:

  • Taxis
  • Cars & fleets
  • Motorbikes
  • Light commercial vehicles (LCVs)
  • Heavy commercial vehicles (HCVs)
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Other assets are also considered on their individual merits.

Key features

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Monthly payments can be deferred for the first 3 months*

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No deposit, subject to day one valuation

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Deferred VAT payments (where applicable)

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Credit lines available

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Available to corporates and fleets only

* Interest will continue to be charged throughout the term of the loan and a customer will pay more over the agreement by deferring the payments

Finance options

Hire purchase

A flexible option to acquire business assets without paying upfront costs and tying up capital. Hire the asset over an agreed period with the option to purchase it at the end.

Finance lease

Enables you to rent an asset and allows you to enjoy immediate use and benefit of the new equipment without a large upfront cost.

Business benefits:**

  • Reclaiming 100% first year allowances on the purchase of a zero emissions vehicle up to April 2025
  • Reduced National Insurance contributions
  • The plug-in car grant to extend the support for the purchase of new qualifying vehicles up to 2022/23

Employees benefits:

  • No car tax for cars under £40k
  • No car fuel benefit charge
  • No city congestion charge or clean air zone charges

** Cambridge & Counties Bank does not give tax, legal, regulatory or accounting advice and you should seek your own independent advice before entering into a transaction. The accounting treatment of a particular product is a matter for agreement between you and your auditors.

Car enthusiast?

Take a look at the different types of
vehicles we finance

website icons - car

Contact us

Get in touch with our experienced team or take a look at our Useful documents and FAQs page.

Call us on:

0344 225 3940

Fax us on:

0116 254 4637

email us at:
Find us at:

Cambridge & Counties Bank
Charnwood Court
5B New Walk
Leicester LE1 6TE

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