Finanz - hire purchase services for business
Click here for hire purchase online quotation

Hire purchase is a method for acquiring assets. It appears as an asset on your balance sheet and when you've finished the repayments, you own it. Tax and balance sheet considerations are therefore exactly the same as for a cash purchase, but without the initial drain on your cash flow.
Hire purchase services

Advantages of hire purchase
Cash Flow Retention – we provide up to 100% finance. Cash can then be retained for other purposes.


Profit Forecasting & Budgeting - contracts are fixed for an agreed period and involve fixed payments, allowing you greater accuracy in budgeting and cash flow forecasting.
Flexibility - you have the option to select the term and the timing of repayments to suit your cash flows.


Tax Advantages – depreciation and interest charges relating to hire purchase transactions are tax deductible, provided the equipment is used to generate assessable income.
Leasing with option to purchase

Structured in a similar way to Lease Purchase in that at the end of the agreement you can opt to purchase the asset for a predetermined figure. Alternatively, the goods can be returned to the Lessor, or the supplier, dependent on the terms of the agreement. Final payment is the projected future value (residual value) of the asset at the end of the term. The final residual payment is removed from the payment calculation, making monthly outgoings lower than for an equivalent hire purchase agreement.
Lease purchase for technology

The flexibility of a lease purchase agreement
Make the final payment and take ownership
Hand back the asset without making the final payment, subject to pre-agreed usage conditions.
Re-finance the asset for a further period, subject to status.

The advatages of lease purchase
Easier budgeting

Opportunity to acquire the asset at the end of the period for a predetermined figure
Preserves other lines of credit

Rentals are normally tax deductible

"Clients should always ensure that they take appropriate authorised investment advice before entering any transaction"
Corporate Angels Ltd works closely with a number of leading lenders in the provision of financial quotations. We will pass your quotation request to a bank, lender or broker who will provide you with a detailed quotation. The information we collectand pass on will not be used in conjunction with any other purposes except for the provision of a quote unless instructed to do so by yourselves.