Taxi car finance
Taxi car finance with Socialmotors
Obtaining car finance on a vehicle you are going to use for work purposes, a taxi or minibus for example – can be a little different than your usual private use finance agreement. Not to worry though, at Socialmotors we have lenders who consider everybody’s circumstances and may still be able to help.
Having an above average credit score is always recommended when applying for finance on a taxi, and most times would not be very difficult to obtain a finance approval.
For those with a poor or bad credit record, Socialmotors have relationships with many lender who specialise in providing bad credit car finance solutions to people with adverse credit and may still be able to help.
As with all finance agreements on vehicles, you are required to provide evidence of your identity in the form of your driving licence or passport. You are also required to submit your monthly income and proof of it in the form of payslips or bank statements.
We can also offer people looking to become taxi drivers a finance solution in the form of a guarantor loan, for this you will need a friend or family member with a good credit history – More information on guarantor car finance loans.