HIRE
PURCHASE
All the benefits of ownership but spreading cost…
Hire purchase.
The simple way to ease your cash flow
When you need to purchase new or replacement equipment it’s not always easy to produce the funds needed at short notice.
Machinery Finance Ltd can take the complications out of this financial equation by offering you a hire purchase
(also known as lease purchase) package.
A hire purchase agreement with us will give you a fixed monthly outgoing, making it easier to manage your cash flow. We can tailor each package individually to reflect your needs, so no nasty surprises. With the option to pay a lump sum at the end of your agreement or a larger deposit upfront, the options are worked out for your circumstances.
Contact us today for further details.
BENEFITS OF HIRE PURCHASE
A Hire purchase agreement offers many other benefits apart from not having to fund the initial capital outlay. You’re back in control of your budget and with each agreement tailored to you, there are options on the length of your payment plan and therefore rates of interest. A hire purchase agreement can also reduce your tax payments. You could claim ‘writing down’ allowances and capital grants. VAT is also either exempt or claimable.
Speak to one of our team for full details of all benefits.
- Fixed monthly payments
- You could claim capitol allowances
on the asset - Minimal initial outlay
- VAT free monthly payments
- Offset of interest payments against profits
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Say Hello!
Send us a message and we will get in touch as soon as possible