Hire Purchase will allow you to acquire an asset while paying for it in installments over an agreed timescale – the term. At the end of the term, there is option to purchase the asset outright.
Hire Purchase will allow you to acquire an asset while paying for it in instalments over an agreed timescale – the term. At the end of the term, you have the option to purchase the asset outright.
We will help you acquire the item you need to move your business forward with ownership and at a reduced cost to the business. You can utilise the asset to generate income without the large capital outlay.
Flexible products which allows you to free up working capital
Increase your capital expenditure without affecting your company on day-to-day basis
Flexibility & excellent Service Delivery
Our office-based experts will source the best solution for you to match your needs
Hire Purchase will allow you to acquire an asset while paying for it in instalments over an agreed period. At the end of the term, you have the option to purchase the asset outright. Below, you will find a few of the benefits of Hire Purchase:
Step 1: You choose the asset you want to purchase
Step 2: You make an initial deposit (usually a minimum of 5%) – Dependent on customer credit status & funder acceptance. VAT deferrals can also be accommodated
Step 3: You agree to make monthly payments for a fixed period, typically between 12 to 60 months
Step 4: At the end of the agreement, you own the goods or services outright after paying the final instalment
“We have used Shire Asset Finance for several purchases and Jemma has always been professional and a pleasure to deal with. She has always managed to put in place competitive facilities quickly and we look forward to dealing with Jemma and Shire Asset Finance for any future purchases.”
“During the period that we have dealt with Shire Asset Finance in respect of acquiring items of plant, I, and other members of the team have found Kerry to be polite in manner, efficient in helping with setting up the initial Agreements and also dealing with queries, both foreseen and unforeseen”
Rob & Alex
30+ years of experience
Flexible finance solutions
Friendly & knowledgeable team
Supporting your business by acquiring the assets you need today