Car finance in my name or LTD

[samsam50]

Hello

I've used the search but couldn't find anything similar.

Basically I'm the sole director of a UK LTD . I'm purchasing a fully electric car for my business. I know that there are 100% capital allowances available when purchasing an EV through a company

I am paying 40% company cash, 60% HP over 2 years.

The car finance company say the loan needs to be applied for by me as an individual.

Will this affect my ability to state that it's a company asset/purchase? I want to benefit from the capital allowances and also to use company funds to pay for car related costs.

[pawncob]

Is the invoice made out to the company? that would help.
Acknowledge that it is a company vehicle, declare it on P11D and everyone should be happy.