Lease Purchase
Lease Purchase (or Hire Purchase as it is also known) allows you to obtain new assets immediately whilst spreading the payments over the life of that asset. At the end of the term you can retain it for a nominal fee.
Payments are fixed for the term of the contract but all rentals can be matched to your cashflow and the depreciation of the asset. Generally Lease Purchase or Hire Purchase tends to be used for assets with a longer life span than that of IT and software and is ideal for most non 'hi-tech' goods.
Payments are fixed for the term of the contract but all rentals can be matched to your cashflow and the depreciation of the asset. Generally Lease Purchase or Hire Purchase tends to be used for assets with a longer life span than that of IT and software and is ideal for most non 'hi-tech' goods.