New Business Start-ups
Vehicle Leasing & Subscriptions for New Business Start-ups
Newly incorporated businesses often find it difficult to obtain a credit line for traditional vehicle leasing. Our partner Cocoon Vehicles has helped hundreds of new businesses get moving by using its short-term car lease fleet and vehicle subscriptions instead, with underwriters assessing both the business and its directors to minimise risk – sometimes with a refundable deposit or bond in place.
Newly formed limited companies, sole traders, partnerships, LLPs, PLCs, charities, embassies and VAT-registered businesses that need a vehicle but haven't yet built up a business credit history.
Why choose new business start-ups?
Options when credit lines are declined
Business car subscriptions and short-term leases can work even where traditional contract hire credit lines are not yet available.
Business Car Subscriptions from 1 month
With the best pricing typically unlocked at 90 days or more, vehicle-specific.
Short-term leases from 6-12 months
Not every new start-up will qualify, but this is a popular route where some commitment is acceptable.
Vans included
Van subscriptions and short-term van leases are available too; couriers can typically access van subscriptions but not short-term van leases.
How it works
- Tell us what you need. Use the Vehicle Finder tool below or browse partner options directly.
- Compare partner options. See which of our partners cover your requirements and preferred term.
- Go to the partner to book. Every agreement is arranged and fulfilled directly with the partner company.
- Drive away. Insurance, servicing and maintenance are handled per the partner's own terms.
Who provides new business start-ups in our network?
Of our five partners, Cocoon Vehicles Ltd is the one with a dedicated new business start-ups service. Flexigo Cars, Drive Car Flex, Londons Short-Term Cars and Short-Term-Leasing Ltd are not presented here as new business start-ups providers.
Cocoon Vehicles Ltd
Flexible car and van subscriptions with a live showroom of ready-to-drive vehicles. Cocoon Vehicles also powers the Vehicle Finder tool on this site.
Est. 2007 · First Floor Suite 1.01a, 62 King Street, Belper, Derbyshire, DE56 1PZ · 01332 290173
Visit Cocoon Vehicles →See our full Cocoon Vehicles partner profile for services, contact details and more.
FAQs: New Business Start-ups
What type of new businesses can apply?
Limited companies, sole traders, partnerships, LLPs, PLCs, charities, embassies and VAT-registered businesses can all apply, via our partner Cocoon Vehicles.
What information will I need to provide?
As a minimum, expect to provide company details (name, address, company number, turnover), signing directors' details and driving licence/passport, a recent utility bill, and 3 months of business bank statements.
Will I need a credit check?
Yes – credit checks are carried out on all applications to comply with FCA and anti-money-laundering requirements.
How many vehicles can a new start-up business take?
This depends on the credit limit and terms set by the underwriter, who may also restrict how many vehicles you can hold at any one time.
Can couriers apply for van subscriptions?
Yes – couriers can typically access van subscriptions (with a suitable mileage allowance), though they are not usually eligible for short-term van leases.