I need to replace a vehicle written off in an accident — how do I fund it fast?

A written-off vehicle stops work until it's replaced; asset finance or a short bridge gets you back on the road now, repaid or offset when the insurance settles. A written-off work vehicle can halt a round, a job or a whole day's trade. Waiting for the insurer to settle before replacing it usually costs more in lost work than acting now.

I need to replace a vehicle written off in an

2 min read

Vehicle goneWork stops

Replace nowAsset finance

Offset on payoutInsurance settles

Downtime is the cost

A written-off work vehicle can halt a round, a job or a whole day's trade. Waiting for the insurer to settle before replacing it usually costs more in lost work than acting now.

Get back on the road

Asset finance funds a replacement vehicle quickly, or a short working-capital facility bridges an interim hire. When the insurance payout lands, it offsets or clears the cost.

Keep working while you claim

Document everything for the claim, but don't let it stop you trading. Replacing the vehicle fast protects the revenue the claim can't.

What it means for you

Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online when the numbers work.

Frequently asked questions

Should I wait for the insurer before replacing a written-off vehicle?

No — the lost work usually costs more than the wait saves. Asset finance funds a replacement now, and the insurance payout offsets or clears it when it settles.

Can I finance a replacement work vehicle quickly?

Yes. Asset finance can fund a replacement in days, or a short facility bridges an interim hire, so you're back on the road while the insurance claim is processed.