Hire Purchase

Hire Purchase (HP) is a financing option that can help you manage the cost of an asset over a specified period of time. With HP, you can select the equipment you need, and one of our lenders will purchase the asset on your behalf. This way, you can spread the cost of the asset over a fixed payment plan that suits your budget and cash flow requirements. 

After the agreed-upon timeframe, you’ll have the option to take ownership of the asset by paying a nominal fee. This makes HP a great option for businesses or individuals who need an asset but don’t want to pay the full cost upfront. By spreading the payments over time, you can better manage your finances and free up cash flow for other essential business expenses or personal needs. Overall, HP can provide a flexible and convenient solution for acquiring assets without breaking the bank. 

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