Hire purchase is a popular business finance solution for those who require cars or equipment, but do not wish to use capital funds to buy them.
The use of equipment hire purchase is particularly common in industries where expensive machinery is required, such as construction, manufacturing, plant hire, printing, road freight, transport, engineering and professional services.Get a Quote
There are many benefits to using business hire purchase as an asset finance solution. Some of these benefits include the following.
The asset can be yours at the end of the agreement
With both the interest rate and payment amounts fixed and agreed from the outset, you are able to budget more effectively
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