Hire purchase allows for you to secure 100% funding of the asset. Relax knowing you can choose a repayment period stretching from 12 months up to 84 months. As the owner of the asset, you can potentially claim capital allowances on the asset.
With this option VAT is payable upfront but can be deferred up to 3 months subject to approval, monthly rentals are VAT exempt. At the end of the Hire Purchase term, you can pay a small option to purchase fee for the choice to continue using, selling, or upgrading the asset.
Copyright © 2025 BSW Asset Finance - All Rights Reserved.