Financing Your Van

Every small business or owner-operator has thought about the benefits that a commercial sized van might offer their business. The increased storage and passenger capacity, as well as the professional look and feel that it lends to your operation can be a great boost not only to your ego, but to your business as well. Having a business vehicle available can be a tax write-off in several different ways, and be an investment that your company sees use out of for many years. It can be difficult deciding how to buy or finance a van, but that doesn't mean it's impossible. There's a lot of resources and professional advice out there to help you find the way that's best for you, and hopefully you'll keep some of these tips in mind along your way.

The most important thing to remember is to shop around! Even if you have poor credit, there's no reason that you have to accept the first van finance deal you are offered. Ask questions and learn the terms of the financing carefully, and entertain several offers before you make your final decision. You should never make a financing decision based on only one company, keep taking offers until you find a finance company that's right for you.

You could also use a lease to finance your van. Depending on the mileage and use of the van, it could be possible to save a lot of money by leasing rather than purchasing. And the best part is that you will be able to get a new vehicle every 3-5 years. For leasing, the most important consideration is the insurance costs, and how much you will be driving your vehicle, to make sure that the lease offers you enough mileage to get the best deal for your money.

Whether you're leasing or buying a vehicle, there are plenty of van finance options out there. If you do your research, know what you want, and choose carefully, there's no reason your business can't enjoy all the benefits of a van for years to come.