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BIZL

BIZL

Commercial Finance Specialists

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Classic car

Classic Car finance

Finance for your next classic, vintage or racing car

Expert advice

Talk to one of our Asset Finance Specialists

Book consultation

Funding Amount

£63k-£1.5m

Loan Term

5 Years

Time to Funds

As Little as 7 Days

Aston Martin

Flexible finance to help you access the car of your dreams

We believe that buying a classic car should be a first class experience, much like owning and driving the car itself. Our expert brokers tailor finance solutions so you can easily access the car of your dreams.

GET STARTED

What types of cars can I finance?

Within the Classic Car space we can raise finance against:
• Racing Cars
• Classic Cars
• Vintage Cars
• Modern Classics

Finance providers will considered higher-value vehicles that hold their value over time.

What types of finance can you arrange?

Finance options available:
• Purchase Finance – funding the purchase of a new car
• Equity Release – raising funds against a car you already own
• Auction Finance – funding at speed to enable you to buy at auction

How does Classic Car Finance work?

Classic Car Finance is a specific type of asset finance designed for higher-value vehicles that hold their value, or rise in value, over time. Using finance you’ll be able to spread the cost of the vehicle of 5 years.

Key features
• Interest only options available
• Fixed rates with the ability to repay early
• Repayment terms up to 5 years with longer terms considered
• LTV up to 90% of the value of the car
• Variable balloon payments may be considered

What is the lending criteria for Classic Car Finance?

• Borrower must be an accountant-certified ‘High Net Worth Individual’ or a business using the asset for business purposes

• Lending in the range of £63,000 to £1.5m per car

• Non regulated agreements only

Choosing the right type of asset finance

Asset finance encompasses a wider range of tools than most people realise. Choosing the right form of finance for your business depends on several factors, including how long you will need the asset, whether your needs are likely to change and the potential tax implications of owning or leasing the asset. Discuss all the options with both a professional finance provider and your own accountant to ensure you make the choice that will be right for you and your business.

Need advice on asset finance?

Talk to one of our Asset Finance Specialists. We’re on hand to take you through the options available.

Book consultation
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Business Finance

  • Asset Finance
  • Business Credit Cards
  • Business Loans
  • Buy Now Pay Later for B2B
  • Commercial Mortgages
  • Construction Finance
  • Invoice finance
  • Growth Guarantee Scheme
  • Revolving Credit Facility
  • Trade Finance
  • Truck Finance
  • Unsecured Business Loans
  • VAT Loan
  • Vendor Finance

Property Finance

  • Auction Finance
  • Bridging Loans
  • Buy to Let Mortgages
  • Buy To Let Mortgages For Foreign Nationals
  • Commercial Buy to Let Mortgages
  • Commercial Mortgages
  • Commercial Property Finance
  • Development Finance
  • HMO Mortgages
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Resources

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About BIZL

  • About
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  • Contact
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  • Become a Commercial Finance Broker

We are BIZL Limited (company number 10838494). Our registered office is Aldgate Tower, 2 Leman Street, London, E1W 9US. We are authorised and regulated by the Financial Conduct Authority. Registered No: 784499. We are registered with the Information Commissioner’s Office as a Data Controller. Registration reference: ZA267003.

We are a credit broker of business finance; we are not a lender or finance provider. Security may be required. We are independent and work with a number of carefully selected lenders. We may receive commissions that will vary depending on the lender, product, or other permissible factors. The nature of any commission model will be confirmed to you before you proceed

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