Show Keyboard Shortcuts

DISCOVER OUR HIRE PURCHASE OPTION

Upgrade your equipment or expand your practice with our flexible Hire Purchase option. Whether you're looking to invest in new technology or need to manage cash flow, our Hire Purchase plan can help you achieve your goals.

What Is Hire Purchase?

Hire Purchase is a method of acquiring equipment where you pay an initial deposit, followed by regular monthly payments. At the end of the agreement, you own the equipment outright. It is the perfect way to improve cash flow by spreading the cost over time, and a great finance option for your practice.

This option makes it easier to manage your budget and cash flow, whilst allowing you the immediate use of the equipment without needing full upfront capital.

Ask My Account Manager for More Information

What Does The Process Look Like?

Finance Hire Purchase Process



  Why Should I Consider Hire Purchase?

+ Ownership: With hire purchase, businesses gain full ownership of the equipment after the final payment and option fee, allowing you complete control over expenditure and spreading costs to minimise cash flow impact.

Tax relief: If the lessee can claim ownership of the asset at the end of the term, the asset is treated as purchased from the start. This allows the lessee (you) to capitalise the asset, claim full capital allowances, and reduce taxable profits and corporation tax liability.

Fixed interest: Hire purchase contracts have fixed interest rates and payment amounts, enhancing predictability and security. This allows for more effective budgeting and financial planning, benefiting your business and cash flow.




 Our Trusted Finance Partner
ShireLeasing LogoShireLeasing Figures



FAQs

Browse some of our most frequently asked questions below.
Still can't find the answer? Feel free to give us a ring on 01304 831831 or use our contact form




On a Lease, title is negotiated with you at the end of the term. Usually you pay one extra month or quarter to receive indefinite use of the equipment. You would still realise the tax benefits from a lease.




Want To Contact Us? 

Contact us below via email or phone - your account manager will be more than happy to help with any queries you may have!

Email Us

Or call us on - 01304831831