Variable Rate Hire Purchase is ideally suited to well established businesses with a good understanding of finance and interest rate movements.
It offers all of the tax benefits of conventional hire purchase and has the added advantage of an at cost settlement calculation.
Interest rates are linked to Finance House Base Rate – call now for best current rate.
Capital repayments of up to 5% of the balance can be made without penalty.
Payments remain fixed throughout the period but if rates increase then so does the period of hire to accommodate the additional cost.
This type of agreement is suitable for financing most types of new and used machinery, construction plant and commercial vehicles over periods of up to five years.
Variable hire purchase is only offered on transactions over £50000 and documentation/arrangement fees apply.
Get a Quote Today
The process is easy and you will have your Equipment Leasing quotation in no time at all.
Either phone us today on 03300 580 151 or complete the call back request and we will call you.