Keep your cash in the bank but still acquire the assets you need for your business with a Hire Purchase Agreement, a flexible alternative to paying large sums of money outright for industry assets.
Hire Purchase agreements allows you to acquire an asset and spread the cost through affordable monthly repayments. Giving you the flexibility to budget for in your business outgoings, and allowing you to acquire the tools you need for your business. Payments can be defined to suit you and your budget, with repayment terms ranging from 12-72 months, we can put together an arrangement that works for you, and at the end of the agreement you will own your asset outright. There are a number of benefits to using Hire Purchase, including;
– At the end of the agreement you will have full ownership of the asset
– Easy to incorporate into your monthly business expenditure
– Keeps your cash in the bank, rather than tied up in assets
– Agreements are flexible, you can settle the amount early or make over payments throughout the duration of your agreement