If you are a UK company registered with Companies House, but you have Overseas Directors, you may have found obtaining a credit line for car or van leasing difficult. Many of the car leasing and subscription companies in the UK do not have the facility to carry out the relevant checks on overseas citizens. This is where we step in.
Car Leasing for UK Companies with Overseas Directors
With years of experience, since 2007 we have been assisting UK companies with overseas Directors (or Shareholders/Parent Companies). Utilising our flexible vehicle subscription fleet and our short-term leasing offering, we can carry out all of the relevant checks and get you and your team into vehicles.
We run a premium fleet of vehicles on our subscription service. Including brands such as Audi, BMW, Cupra, Land Rover, Mercedes-Benz, MINI, Polestar, Volkswagen and Volvo, plus lots more in-between. We also run an ever-expanding range of electric cars and plug-in hybrids, and where applicable, we can also support you with setting up of Salary Sacrifice if needed.
What are the benefits in dealing with Short-Term Leasing UK?
There are so many reasons to use us for your leasing as a UK company with Overseas Directors, here are a few main points:
- We're independent and family-owned, so we can act quickly and set you up quickly
- We have experienced underwriting teams who look at everything on a case-by-case basis
- We can take a look at established businesses as well as new start-up companies
- Family-owned with no shareholders or VC's to report to, you can guarantee honest and upfront advice
- Our flexible solutions allows yor business to take premium cars without the long-term commitments associated with traditional car leasing.
Examples of Subscription Vehicles Available
See below a number of vehicles that are available to customers utilising our flexible car subscription service, stock does change on a regular basis, so please do check back.
Examples of Short-Term Car Leases
Please see some of our latest short-term car leasing deals available to our customers.
Frequently Asked Questions
Please see below a list of our most frequently asked questions.
Can UK companies with overseas directors lease or subscribe to vehicles?
Yes. UK companies with overseas directors can access vehicle subscriptions, flexible leasing, and long-term hire options. While traditional leasing can be restrictive, flexible solutions are often better suited to companies with international ownership structures.
Do overseas directors need to be based in the UK?
No. Overseas directors do not need to be UK-based. What matters is that the company is registered in the UK and meets the required checks for the chosen vehicle solution.
Is a UK credit history required for companies with overseas directors?
A UK credit history is helpful but not always essential. Credit checks are still required, but flexible products such as subscriptions or long-term hire can be more accessible for companies without an established UK credit profile.
What vehicle options are best for companies with overseas directors?
Car subscriptions, flexible car leasing, van subscriptions, and long-term hire are often the most suitable options. These provide shorter commitments, easier off-hire, and quicker access to vehicles than traditional long-term leases.
Can new UK companies with overseas directors apply?
Yes. Newly formed UK companies with overseas directors can apply. Where fixed leasing is not suitable, subscription-style solutions often provide a practical alternative while the business establishes itself.
Are vehicles available for both business and personal use?
Yes. Vehicles can be supplied for business use, executive transport, or mixed business and personal use, depending on the agreement and insurance in place.
Is insurance included for companies with overseas directors?
Insurance is not usually included. The hirer must provide fully comprehensive car insurance or a suitable fleet policy that complies with UK requirements.
What costs are typically included with your vehicle solutions?
Most vehicles include road tax, breakdown assistance, and manufacturer warranty. Maintenance and servicing are included on many subscription and hire products, and may be optional on flexible leasing.
Can vehicles be delivered anywhere in the UK?
Yes. Vehicles can be delivered nationwide across England, Wales, and Scotland, allowing overseas-owned companies to set up transport quickly for UK operations.
Who supplies the vehicles for companies with overseas directors?
All vehicles are supplied and supported by Cocoon Vehicles, specialists in working with UK companies that have overseas directors and international ownership structures.
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