Hire Purchase
Hire Purchase is a finance facility allowing the customer to own the asset at the end of the agreement with Hitachi Capital Business Finance.
Some of the benefits of Hire Purchase include:
- Fixed monthly payments – making budgeting easier
- Ownership. At the end of the contract, the asset is your customer's
- Options – fixed or variable interest rate– allowing flexibility to present solutions that best fit your customer’s requirements
- Tax benefit- Businesses might be able to claim tax relief on the interest charged across the period of the hire purchase contract