Skip to content

Finance & Leasing

Boost your business with our flexible finance packages – designed to help you grow with confidence.

At Cross Street Commercials, our sales team is committed to helping local businesses thrive by providing expert advice and tailored finance solutions to suit every budget and operational need. We understand that sourcing the right commercial vehicles is a vital part of running a successful business, and we’re here to make that process as simple, flexible, and cost-effective as possible.

Whether you’re a sole trader just starting out or a well-established company looking to expand your fleet, we offer a range of finance options designed to support your growth. Our team works closely with each customer to understand their business and recommend the most appropriate finance package — from Hire Purchase, which allows you to own the vehicle outright at the end of the agreement, to Finance Lease, which enables you to spread the cost over time while still benefiting from many of the advantages of ownership.

We also provide Operating Lease agreements, ideal for businesses that want lower monthly payments and the flexibility to upgrade vehicles at the end of the term, without the long-term responsibility of ownership. Each of these options offers different benefits, and our experienced team is on hand to guide you through the choices and help you find the solution that fits your needs.

At Cross Street Commercials, we don’t just supply vehicles — we support local businesses with smart, reliable finance solutions that keep you moving forward.

Operating Lease

  • The Customer pays rentals over a fixed term less than the market cost of the vehicle as a Residual Value is applied based on the asset usage
  • At the end of the agreement the Customer will not own the vehicle
  • The Vehicle is subject to return conditions; Excess Mileage, Damage Fees etc
  • The Vehicle must be maintained and serviced in line with the Isuzu Truck (UK) Ltd Manufacturers recommendations
  • The Vehicle and lease obligations are not shown on the Customers balance sheet
  • VAT is collected, and reclaimed, on each rental as it falls due
  • Rental payments are fully tax allowable

Hire Purchase

  • Hire Purchase is sometimes known as Lease Purchase, it’s a contract where the Customer has the option to acquire the vehicle once the agreement, and option to purchase fee, have been paid
  • The full cost of the vehicle plus charges are paid over an agreed term with the option for a balloon payment if required
  • The vehicle, and sum due on the Hire Purchase agreement, is shown on the company balance sheet
  • A minimum deposit of all the VAT on the vehicle is paid upfront and can be reclaimed at the outset of the agreement
  • Customer can claim capital allowances and interest payments against tax

Finance Lease

  • The Customer pays the cost of the vehicle plus charges over an agreed term, but will not own the vehicle at the end of the agreement
  • Following payment of the full cost of the vehicle plus charges the agreement enters a secondary period where a peppercorn rental is paid annually
  • VAT is not paid on the vehicle cost at the outset but collected on each rental
  • Rental payments are fully tax allowable
  • Balloon payments can be used on Finance Lease agreements but fall due prior to the secondary rental period
  • Following the initial agreement term the Customer can sell the vehicle on behalf of BNP Paribas and can share the sales proceeds

Finance Terms & Conditions

Cross Street Garage (Swindon) LTD. Registered office: Swatton Barn, Badbury, Swindnon, SN4 0EU. Registered in England. (Registration Number 05863685).

Cross Street Garage (Swindon) Ltd are a credit broker and not a lender. We are Authorised and Regulated by the Financial Conduct Authority. FCA No: 667989 Finance is Subject to status. Other offers may be available but cannot be used in conjunction with this offer. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase.
Registered in England & Wales: 667989

Finance is subject to status and is only available to UK residents aged 18 and over. Written quotations are available on request.