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A steady and straightforward financial commitment, with fixed payments and fixed terms, you know where you are with a hire purchase agreement.

Sometimes the old ways are the best! Hire purchase is a steady and straightforward finance arrangement where you pay for an asset through fixed price instalments over a fixed period of time. You simply pay any deposit required on the asset and the full VAT amount up-front, whilst the outstanding balance is repaid monthly. During the repayment period, you have use of the asset for your business, but you don't actually own it until the agreed payment schedule is complete.

Hire purchase allows you to spread your capital outlay, whilst the VAT can be reclaimed through your usual returns, all helping to manage a steady cash flow.

To discuss hire purchase with a member of our team, please call 01377 800 710.

Other Finance Types Available

Catfoss Finance can help you get finance

Lease Finance

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Offering all the benefits of a useable asset without the responsibility of ownership. Lease financing gives you the flexibility to fund the...

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Refinancing

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Refinancing unlocks the value within an existing asset to raise new business capital, and supports your cash flow...




Thinking about Hire Purchase?

Then call us now on

01377 258067

We can Help!

To discuss your requirements with a member of our team please call or click the button to request a callback

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We Provide Hire Purchase for

  • Agricultural Vehicles & Equipment
  • Plant & Machinery
  • Construction Vehicles
  • Engineering Equipment
  • Vans & Light Commercial Vehicles
  • Buses & Coaches

Other Assets We Can Finance

What counts as a business asset? Catfoss Finance understands that every business is different and we take a broad view when answering this question. We think it's sensible to consider the essential equipment that forms the heart of the business as 'assets' which is why we arrange funding beyond the usual list of traditional items.

They may be referred to as 'soft' assets, but we can help to raise finance for the following:

  • Catering Equipment
  • Gym Equipment
  • Beauty Equipment
  • Restaurant Equipment
  • Scaffolding & Construction
  • Manufacturing Equipment
  • Soft Play Equipment
  • Amusement Machines
  • Refrigeration Equipment
  • Retail Equipment
  • IT Equipment


... and so much more!

Catfoss Finance Limited are authorised and regulated by the Financial Conduct Authority; Registration number: 723307

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