CarMoney launches VanMoney as LCV market gathers pace
CarMoney has launched a dedicated van finance business, VanMoney.uk, offering funding for new and used light commercial vehicles (LCVs) through a panel of UK lenders.
The launch comes as the new LCV market shows renewed momentum, with the latest figures from the Society of Motor Manufacturers and Traders (SMMT) showing registrations increased by just under 22% year on year in July to 28,578 units.
It marked a fourth consecutive month of growth, while registrations for the first seven months of the year reached 187,224, up 4.3% on the same period in 2025.
VanMoney is aimed at sole traders, limited companies and private buyers looking for van finance, offering Hire Purchase (HP) and Personal Contract Purchase (PCP) funding.
The platform also provides finance options for applicants with previous credit issues, although all applications remain subject to individual lender criteria and affordability checks.
Customers can complete a no-obligation eligibility check without affecting their credit score before comparing available finance options. A single application provides access to a large panel of commercial vehicle lenders.
VanMoney will also offer exclusive new van deals sourced through dealer partners across the UK, alongside finance for used vans.
Current offers advertised through the platform include savings of around 30% on selected Peugeot and Citroën vans, with examples including the Peugeot Boxer, Citroën Dispatch and Citroën Berlingo. Deals are subject to availability.
Alastair Grier, CEO of CarMoney, said: “The van market is showing clear signs of growth, and that gives us confidence that this is the right time to launch a dedicated proposition. Van buyers tend to have a very straightforward requirement. They need the right vehicle to do a job, and they need a finance package that works for their business.
“VanMoney brings those two things together. Customers can access a wide range of commercial lenders through a single application, and we can also connect them with exclusive deals on new vans from dealer partners across the UK.
“We already have considerable experience arranging vehicle finance through CarMoney, but the van market has its own requirements. Creating a dedicated proposition means we can give van buyers a service built around those needs, whether they are buying new or used, operating as a sole trader or limited company, or have a less straightforward credit history.”
The improving outlook is also being reflected in the used van market. Solera cap hpi said feedback from dealers and auctions during August pointed to improving retail demand, with vehicles selling more easily than in the previous month.
The launch of VanMoney follows the acquisition of CarMoney by Japanese trading group ITOCHU Corporation earlier this year. The FCA-approved deal saw CarMoney become part of the ITOCHU Group while continuing to operate independently under its existing management team.
Motherwell-based CarMoney brokered a record £309 million in loans in its previous reported year, generating revenue of £33.8 million and trading profits of £4.5 million.
The business said ITOCHU’s backing would support further investment and expansion, with VanMoney representing a new dedicated proposition for the UK’s van and LCV market.
VanMoney is a trading name of CarMoney Limited and operates as a credit broker rather than a lender.
