< Hire Purchase

Hire Purchase is a repayment facility which can provide outright ownership to the customer. Once the term and repayment structure are decided, the monthly payments are a fixed, giving the customer peace of mind and the ability to budget and plan ahead.

On payment of the option to purchase fee at the end of the agreement the customer can own the asset. 

How it works

The finance company purchases the asset on behalf of the customer. The finance company generally owns the asset until the final instalment is paid, at which point the customer is given the option to buy it for a nominal sum.

Hire Purchase is a repayment facility which can provide outright ownership to the customer. Once the term and repayment structure are decided, the monthly payments are a fixed, giving the customer peace of mind and the ability to budget and plan ahead.

On payment of the option to purchase fee at the end of the agreement the customer can own the asset. 

How it works

The finance company purchases the asset on behalf of the customer. The finance company generally owns the asset until the final instalment is paid, at which point the customer is given the option to buy it for a nominal sum.

“Swift decision making and a commercially viable finance offer”