Reviewed by
Billy Lang, Director
FCA Registration No: 835008
What changes once you're past 2 years
Eligibility framing shifts. Newly incorporated companies typically lease against a director's personal guarantee plus the soft-search wider picture. Established small businesses with filed accounts and stable trading can usually be assessed on the company itself.
Practically, that means cleaner approvals, less reliance on personal guarantees, and the ability to lease multiple vehicles in a single conversation rather than three or four.
What we're typically asked about
Multi-vehicle deals
How we handle the move from one vehicle to several
- Single conversation, single set of company checks
- Soft credit check via Creditsafe at company and director level — does not normally affect personal credit score the same way as a full lending application
- Each vehicle quoted on its own merit (no inflated list-and-discount nonsense)
- Mixed cars and vans on a single agreement structure
- Staggered terms supported — replace one vehicle a year rather than all together
All applications subject to status. We do not offer guaranteed approval.
A real example
Placeholder — awaiting real case study
Anonymised — multi-vehicle established business
Short paragraph describing one real established-small-business customer (no name) — sector, number of vehicles, structure of the deal, and outcome. Client to supply.
Related
Frequently asked questions
What counts as an "established" business for this?
Roughly: 2+ years of trading with filed accounts. The eligibility framing is meaningfully different from a newly-formed business — established businesses can typically be assessed on company trading history rather than primarily on a director's personal guarantee.
Can we lease multiple vehicles at once?
Yes. Established small businesses are common multi-vehicle customers — typically 2-5 vehicles starting up to a small fleet. We assess the company across the wider need rather than running separate one-off applications.
Is this the same as a fleet contract?
Not quite. True fleet (10+ vehicles) typically goes through a dedicated fleet broker with bulk-purchase pricing and fleet-management software. We sit comfortably in the 1-10-vehicle space — the entry point to a fleet, where the personal-service model still works.
Do I still need a personal guarantee as the director?
Often not, for established companies with stable trading history and good company credit. We assess on the company itself first; personal guarantees only enter the conversation where the company alone doesn't support the lease.
Are there volume discounts for multiple vehicles?
Pricing on each vehicle is competitive in its own right — we don't inflate a list price and discount against it. Multi-vehicle deals can sometimes attract better terms on the basis that a multi-vehicle customer is genuinely lower-risk and lower-acquisition-cost. Ask at quote stage and we'll be honest about whether there's movement.
All applications subject to status.
Multi-vehicle and fleet-entry-point arrangements quoted individually. First Flexi Lease is a trading name of Oak First Investments Ltd. FCA Registration No: 835008. Authorised and regulated by the Financial Conduct Authority.
Tell us about the business
We'll quote individual vehicles or multi-vehicle deals — whichever fits the way you actually run.
