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Hire Purchase

1) Concept

Under hire-purchase agreements, we purchase the equipment you wish to invest in and you can use it in exchange for a fee. In contrast to leasing, title to the equipment automatically passes to you at the end of the hire-purchase agreement.

2) Structure

3) Benefits

  • you can capitalize the equipment on your balance sheet to take advantage of the scope for depreciation and subsidies
  • title to the equipment passes to you automatically at the end of the hire-purchase agreement
  • equal monthly instalments