Our fleet finance solutions Contact our team

Why choose Aldermore for fleet finance?

  • Fleet expertise

    With experience of funding a wide range of wheeled assets, we understand your customers and the assets on hire. With in-house asset management, we’ve got the expertise to set market leading valuations.

  • Vehicle funding

    We’ve got extensive appetite to fund a wide range of wheeled assets, including electric and alternatively fuelled vehicles. With daily payment runs, we’re able to quickly release funds to you.

  • Great service

    Our experienced sales, underwriting and operations teams are on hand to make sure you get the support you need, when you need it. Plus, with dedicated field and office contacts, you’ve got named support at the end of the phone when you need it.

Our fleet finance solutions

Agency 

This is most suitable for longer term contract hire. 

How does it work? 

  • You act as our agent by providing a lease from us to your customer.  
  • The credit risk then transfers to your customer. 
  • We can either take the full residual value risk or split the risk between us. 

Sub-let

This is more suitable for short term daily rental or contract hire.

How does it work?

  • We lease the assets to you, and then you provide a sub-lease to your customer.
  • The credit risk is with you as the lender, secured by the sub-lease contract and asset.
  • This structure is often supported by guaranteed residual value buy backs from manufacturers.
  • A charge over the sub-lease will be needed if the agreement term is over 90 days. 

Agency 

This is most suitable for longer term contract hire. 

How does it work? 

  • You act as our agent by providing a lease from us to your customer.  
  • The credit risk then transfers to your customer. 
  • We can either take the full residual value risk or split the risk between us. 

Sub-let

This is more suitable for short term daily rental or contract hire.

How does it work?

  • We lease the assets to you, and then you provide a sub-lease to your customer.
  • The credit risk is with you as the lender, secured by the sub-lease contract and asset.
  • This structure is often supported by guaranteed residual value buy backs from manufacturers.
  • A charge over the sub-lease will be needed if the agreement term is over 90 days. 
Two people in a factory

Our dedicated fleet team are here to support you

James Harrowsmith

Business Development Manager

+44(0)7425 618652

David Hughes

Business Development Manager

07554 225951

Award winning asset finance

We're proud to have been recognised for a number of industry awards:

  • LeasingWorld Gold Award Winners 2025 – Green Asset Trailblazer
  • LeasingWorld Gold Award Winners 2024 – SME Specialist
  • NACFB Commercial Lender Awards 2023 - Asset Finance Provider of the Year
  • LeasingWorld Gold Award Winners 2022 - Top Green Asset Funder

T&Cs will apply, subject to status and affordability. Any asset used as security may be at risk if you do not repay any debt secured on it.