The alternative form of financing
Under hire-purchase agreements, we purchase the equipment you wish to invest in and you can use it in exchange for a fee. In contrast to leasing, title to the equipment automatically passes to you at the end of the hire-purchase agreement.
The benefits for you:
- you can capitalise the equipment on your balance sheet to take advantage of the scope for depreciation and subsidies
- title to the equipment passes to you automatically at the end of the hire-purchase agreement
- equal monthly instalments