Commercial vehicles
Vans and trucks you plan to run for years and keep on the books.
Own the asset, spread the cost.
Use the asset from day one, pay for it over an agreed term, and own it outright once the agreement finishes.
What businesses actually use it for.
Production machinery
Core kit the business depends on and wants to own at the end.
Workshop equipment
Lifts, compressors, benches and tools with a long working life.
Long-life assets
Anything that keeps earning well beyond the length of the agreement.
Sensible when you are keeping the asset.
Hire purchase suits assets with a long working life that you intend to hold onto. Payments are usually fixed, which keeps budgeting simple, and a deposit is normally required at the start. Watch for a final fee before title transfers, so check the full structure rather than just the monthly figure.
- Ownership transfers at the end of the agreement
- Payments are typically fixed across the term
- A deposit is commonly required upfront
- The funded asset usually supports the facility
All finance is subject to status, lender criteria and affordability. Security or a personal guarantee may be required. Late or missed payments may affect your credit profile and put business or personal assets at risk.
Let's find out what's actually available.
Tell us what you are planning and we will come back with a straight answer. No obligation, no effect on your credit score.