← Commercial Finance Answers

HGVs & specialist trucks

Can I finance a low-loader or extendable trailer?

Potentially. Specialist trailer funding depends on the asset’s specification, market value, condition and intended workload.

The practical answer

Potentially. Specialist trailer funding depends on the asset’s specification, market value, condition and intended workload.

Explain the load types, capacity, axle configuration and any bespoke features, with photographs and identification details. For used equipment, include maintenance and repair history.

A niche specification may have a smaller resale market than a standard trailer. Ask whether an independent valuation is required and allow time for it before agreeing a seller’s payment deadline.

Important

Commercial finance is subject to status, lender approval and the specific asset and transaction. The right structure depends on the complete circumstances of the business.

What should I do next?

Have the asset details, supplier information and an outline of what the business needs ready. DCF can then discuss the requirement and identify which lenders may be suitable.

Read: Truck & HGV finance →