RSS
ENDE

Hire Purchase

THE ALTERNATIVE FORM OF FINANCING.


Under hire-purchase agreements, we purchase the equipment your customers wish to invest in and they can use it in exchange for a fee. In contrast to leasing, title to the equipment automatically passes to your customers at the end of the hire-purchase agreement.

The benefits for your customers:

- you can capitalise the equipment on your balance sheet to take advantage of the scope for depreciation and subsidies

- title to the equipment passes to you automatically at the end of the hire-purchase agreement

- equal monthly instalments