Hire Purchase - Wise Business Finance

EQUIPMENT FINANCE

Hire Purchase

Hire Purchase remains the most popular funding choice for many UK businesses to acquire equipment, plant, machinery and vehicles.

How does Hire Purchase work?

Hire purchase allows you to spread the cost of acquiring vehicles, plant and machinery all while using it in your business. Typically, you will pay a deposit at the beginning, followed by regular payments that suit your businesses cashflow. Once you’ve paid the final instalment, you own the asset outright with no lump sum payment.

Why choose Hire Purchase?

Flexibility of payments with monthly instalments, keeps cash in your business.

Fixed upfront costs, allowing you to budget for the repayments

Tax efficient and provides additional source of working capital or finance for a business.

Security is typically against the asset being financed.

We are NOT a Bank, so we can almost always find a solution/lender to fit.

We can assist start-ups, growth businesses and those that might be in turnaround.

Oxygen Business Finance are specialist asset finance brokers and have negotiated hire purchase agreements for business owners and professionals across the UK.

Our hire purchase scheme applies to almost any asset and with access to over 40 lenders in the market, we can guarantee you some great deals.

Confidence that we
are professionally
regulated.

Members of the National Association of Commercial Finance Brokers and Authorised and Regulated by the Financial Conduct Authority for Credit Broking.

Using our wide network of lenders, Oxygen Business Finance arranges hire purchase loans for many UK businesses and individuals on a huge variety of assets, from plant machinery to new sports cars.

We support start-ups and growing businesses – and we can put together creative finance packages for struggling businesses and individuals with a poor credit history.