Spread the cost of your customer’s investment

Hire Purchase (HP) gives your customer the flexibility to spread the cost of their finance over a fixed period, without the need to pay a large up-front payment. At the end of this period, your customer has the option to purchase the asset outright.

Key benefits of hire purchase for your customer

  • Immediate access to the assets they require
  • Spread the cost between 12 and 84 months
  • Match cash flow timings with an agreed payment structure
  • Reduce monthly instalments with a larger deposit or a large sum (Balloon payment) at the end
  • Improves tax efficiency as interest and charges can be offset against pre-tax profits

Hire Purchase Case Studies

See how Hire Purchase has helped these businesses to purchase the assets they needed…

Plugging £680k into the Future of Taxis

We were contacted by broker partner Beechwood Finance with an opportunity to finance 14 electric cabs to help a London based cab company build their innovative fleet.