Hire Purchase

A Hire Purchase contract (also known as Corporate Hire Purchase, Commercial Hire Purchase or Asset Purchase) is an agreement where the financier owns the equipment during the hiring period. When you pay the final installment, ownership is transferred to you.

As each payment is made, equity is increased and you may decide to payout the loan and purchase the goods at any time during the contract.

Monthly payments can be structured to suit your cash flow and a deposit may be paid if so desired.

 

 

 

 

 

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