CV Finance
Commercial vehicle finance — new, used and refinance.
Operator-based, route-based and fleet-based programs across SCV, LCV, MCV, HCV and tippers.
Programs we structure
First-time buyer
Lower margin, higher hand-holding programs for new entrants.
Fleet operator
Bulk-deal pricing across multiple chassis with route cash-flow modelling.
Used CV
3–10 year old vehicles with structured valuations and clean RC.
Refinance
Top-up against existing CVs to release working capital at lower rates.
CV-specific lender checks
- Operator experience — 1+ years preferred for first-time buyers
- Route permit and confirmed contract / aggregator tie-up
- Valid commercial driving licence and trainer certificates
- Vehicle age, fitness certificate and insurance history
- Banking strength to service EMI between trip cycles
- Existing fleet utilisation and outstanding EMIs
FAQ
Common questions
Can a first-time buyer get a commercial vehicle loan?+
Yes — most CV lenders have a first-time buyer program with a slightly higher margin (15–25%) and route/permit-based underwriting. An active driving licence and a confirmed route or operator tie-up strengthens the case significantly.
How old can a used CV be for financing?+
Most lenders cap at 7–10 years from first registration at the time of disbursal. LCVs and SCVs typically get a longer window than MCV/HCV. The vehicle must have a valid RC, pollution certificate, and an independent valuation report.
Can I refinance an existing CV to release working capital?+
Yes — refinance against a fully-owned CV (or one where the original loan has closed) is a common way to release 60–80% of the current market value as cash. The rate is typically 200–400 bps cheaper than an unsecured business loan.
Next step
Get your file reviewed before you apply again.
Share basic details — a senior advisor will read your profile, diagnose what's blocking approval, and tell you exactly what to fix first.
- No CIBIL pull until strategy is agreed
- No blind portal submissions
- Review by a senior advisor — not a call-centre agent
Explore further
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