Hire Purchase
Structure payments to fit with your cash flow needs
Reduce monthly payments by opting for a final lump sum – a balloon payment.
You have the freedom to choose between fixed and variable rates.
Option to own the asset at the end
Security, guarantees or indemnities may be required. Product fees may apply. Finance subject to status and is only available for business purposes except where specifically indicated to the contrary. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
Structure payments to fit with your cash flow needs
Reduce monthly payments by opting for a final lump sum – a balloon payment.
You have the freedom to choose between fixed and variable rates.
Option to own the asset at the end
Manage cash flow and budgets with fixed monthly rentals
We can source a new vehicle that fits your requirements
Option to upgrade to a brand new vehicle every 2-4 years
Finance solutions for all business sizes
Flexible funding with longer repayment periods available
Payment breaks may be available in the form of capital repayment holidays
Potential to draw down in instalments or as a lump sum
Tax deductions may be available on assets used for business
No large initial cash outlay and receive some of the resale value
Flexibility to spread payments over an agreed term
Once the finance is repaid you can continue to lease the asset for an annual rental payment
VAT and lease rental charges may be recoverable
No large initial cash outlays or costs on disposal
Rentals can be tailored to meet cash flow needs
Protected from risks associated with assets losing value
VAT and lease rental charges may be recoverable
To discuss asset finance solutions in more detail you can contact one of our sector experts who will be able to provide you a tailored finance package depending on your individual needs and business requirements.