If you’re looking to buy something for your business but want to spread the cost over monthly instalments, hire purchase allows you to do just that and you’ll be able to own the asset outright at the end of the agreement.
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Hire purchase (HP) lets you spread the purchase cost of an asset, like a car or equipment, over a longer period with fixed regular payments. It can be flexible on the cost of your deposit, monthly payments and the final lump sum to suit your business needs.
Remember, when opting for hire purchase, your business will own the item at the end of the agreement.
If you don’t have time to speak to someone, Asset Finance Compared is our online platform that allows you to get a Decision in Principle in 60 seconds, wherever you are.
Call 0115 958 6872, email firstname.lastname@example.org or fill in an enquiry form for further information.
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0115 958 6872 and a member of our team will be happy to speak to you.