Hire Purchase
Hire Purchase
Hire Purchase

Enjoy complete “usership” even before “ownership”

This is a simple but highly flexible option, which allows you to spread payments over a specific period. The interest rate is fixed at the beginning of the agreement so you enjoy protection against interest rate rises during the period and consequently the benefits of easier budgeting.

A Checklist of the main Benefits:
Available for both Business and individuals.

  • Your initial capital outlay is reduced allowing your funds to be retained in your business.
  • The interest may be allowable against tax.
  • Monthly payments are fixed, so budgeting is easier.
  • Corporate clients could add your vehicle/ equipment as an asset on your balance sheet.
  • Hire Purchase is not subject to VAT.

We even extend HP facilities for pre-owned vehicles!