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