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Flexible finance for electric vehicles with Lombard

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.

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.

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.

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.

Image used above is for illustration purposes only

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.