Hire Purchase

Our hire purchase packages

Using Hire Purchase allows you to keep your working capital intact, whilst at the same time allowing you to invest in plant, machinery, vehicles and other key assets.

With Hire Purchase agreements, you choose and use the goods, and then pay the finance company for them in instalments. All payments terms are flexible and we can tailor them to your cash flow. You can still claim depreciation allowances and offset interest payments against tax and reclaim VAT on the purchase price.

A Breakdown of Hire Purchase:

HIRE PURCHASE: Ownership of the asset

- Finance up to 100% of the invoice value.
- Fixed rates with structured repayments.
- Deposit amount and repayments to suit your cash flow.
- Customer owns the equipment (title transfers with an option to purchase fee) on completion.
- The asset appears on your balance sheet and capital allowances are claimed.
- Vat deferrals can be available.

From our valued customers...

'A cracking service ran by friendly people. They have always been approachable and organised.'

D. B

Contact us for more information

Get in Touch

Complete our contact form or phone us using the number 0191 586 6168. Please find our individual contact details on the 'Get In Touch' tab.

Let's chat

Let us know the details and requirements of your enquiry and we will provide the options and routes available to you. For more information about the sectors we specialise in, please see the 'Sectors' page.

Submission

After approval we prepare all documentation for signing and pay out. You can choose to carry out business by phone, email or through a face-to-face meeting.

Approval

We work to gain a credit approval from one of our specialist agricultural funders. These include BNP Paribas Leasing Solutions, Novuna Business Finance, De Lage Landen Leasing, Societe Generale Equipment Finance and Haydock Finance.