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Flexible finance for electric vehicles with Lombard

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About Lombard
Green Asset Finance
Other finance
Choosing a charging solution
Get a Hire Purchase quote

Security, guarantees or indemnities may be required.  Product fees may apply. Finance subject to status and is only available for business purposes.

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Financing sustainable assets since 2010

At Lombard we've been providing asset finance solutions to businesses of all shapes and sizes for over 150 years.

We could support your business when changing to an electric car or van.  

What is Green Asset Finance?

Green Asset Finance is specifically available for zero emission vehicles and other assets which may help your business be more sustainable.  Below list of eligible assets has been developed by NatWest Group, this is subject to review and change on an ongoing basis:

Eligible Clean Transport Vehicles

Zero emission:  Agricultural machinery, buses, cars, coaches and vans.

Other eligible Clean Energy Assets

Anaerobic digestion, batteries, biomass boilers, Combined Heat & Power (including Gas CHP), emissions / environmental monitoring systems, energy storage, energy management systems, electric vehicle charging infrastructure, gasification plants, heat pumps (air or ground), LED lighting, on-shore wind turbines, voltage optimisers, smart meters and solar panels.

NatWest Group Green Asset Finance is available to over 18s which meets the NatWest Group Climate and Sustainable Finance Inclusion Criteria for your business size. Security may be required. Fees (other than arrangement fees) may apply. Available to UK customers for business purposes only. Available for borrowing over £25,000 and less than £10 million.  Subject to status, eligibility and approval. Finance provided by Lombard.

Hire Purchase with Lombard

Hire Purchase lets you spread the purchase cost of an asset, like a business car or business equipment, over a longer period with fixed regular payments. 

Lombard Hire Purchase provides flexibility as an optional deposit and a balloon payment could help tailor your monthly repayments to your business’ budget and needs

The need-to-knows

  • No mileage restrictions – When you opt for fixed monthly payments on your Hire Purchase car, enjoy the flexibility of no mileage limitations.
  • Agreement length tailored to you – With agreement duration between 12 and 60 months, you can agree a length that works best for you.
  • Reduction of tax payable – Allowances and capital grants may be claimable on your vehicle. It may also be possible to offset repayment interest against your business profits and claim back VAT.
  • Our quote lets you do the figures for that vehicle you have in mind.

Tax reliefs referred to are those applying under current legislation which may change. The availability and value of any tax reliefs will depend on your individual circumstances.

Get a Hire Purchase quote

Other ways to finance an electric vehicle

Security, in the form of guarantees or indemnities, may be required. Product fees may apply. Finance is subject to status and is only available for business purposes.

Contract Hire with Lombard Vehicle Solutions

  • Contract Hire is where you pay an advance rental, followed by fixed monthly rentals, to lease cars or vans for however long you need them (between 24 – 48 months).
  • You’ll decide how many miles the vehicle will drive in a year (between 5,000 – 50,000 miles). You need to service and maintain your vehicle in accordance with the manufacturer’s specifications.
  • Submit an enquiry and our team will help you choose a vehicle and create a tailored quote.
  • Apply and as soon as you are accepted for finance, simply place your order.
  • Choose a time that suits you and our dealer will deliver the vehicle to you.
  • During your contract - choosing optional maintenance helps you manage your servicing and maintenance obligations
Search for a vehicle

Tesla Model Y Dual Motor Long Range

Lombard Business Contract Hire
  • Rental £523.71 excl. VAT per month, plus an advanced payment of £3,142.26 excl. VAT
  • Based on a 48 month contract for 10,000 miles per annum, excluding maintenance.
  • Offer expires 30th June 2022.

View full Tesla offer details

Image used above is for illustration purposes only

Contract Hire Terms & Conditions:

By clicking on 'Search for a vehicle', you are confirming that you are aware of, and agree to be, transferred to an internet site provided by LVS and operated by ALD Automotive LTD. 

For Lombard Vehicle Solutions activities Lombard North Central plc is acting as a Credit Broker and not a Lender. Lombard North Central plc will receive a commission or other payment from ALD Automotive Ltd should you wish to proceed with an agreement. You can ask them or us about this. 

ALD Automotive Limited is authorised and regulated by the Financial Conduct Authority, registered no. 308101.  Lombard Vehicle Solutions (LVS) is provided by ALD Automotive Ltd (ALD), trading as Lombard Vehicle Solutions, Oakwood Drive, Emersons Green, Bristol, BS16 7LB. LVS is a product solution provided for Lombard by ALD and there is a financial connection between Lombard and ALD as a result. The arrangement ensures that Lombard customers as well as those of National Westminster Bank PLC and The Royal Bank of Scotland PLC have access a wider range of products to meet their vehicle asset finance needs.  Customers whose agreements are regulated by the Financial Conduct Authority should be aware that Lombard is acting as a credit broker and not a lender, and that Lombard will receive a payment from ALD should you wish to proceed with an agreement. You can ask Lombard or ALD for more information about this.

Confidently choose the right charging solution for your business

Lombard has formed a first in the market offering with Octopus Energy to help you confidently choose the right charging solution for your business.

Octopus Energy’s mission is to drive forward the affordable green revolution. It supplies 100% renewable electricity and gas to over 1.7 million UK homes and 20,000 businesses.

Octopus Energy is well known for its use of technology to transform customer experiences, and provide flexible energy tariffs that help consumers use cheaper, more sustainable power.

Choose the right charging solution with Octopus Energy

Offer applies to all customers in the UK, regional exclusions apply.  Energy tariff excluded in Northern Ireland.  

We receive a fee from Octopus Energy for customers we introduce who go on to buy one of their products and services.