Hire purchase for Plant & Machinery equipment
What is a Hire Purchase?
Hire purchase is a great option if you want to purchase and own plant and equipment to help grow your business but need to spread the costs in order to remain flexible.
A traditional financing method popular with many businesses where the asset is paid for across monthly payments - the contract ends when the outstanding amount is paid in full. You can stay in control of your repayments, and you will have full ownership of the machinery at the end of the agreement.