Our Business Development Director, Matthew Dashwood-Smyth, recently wrapped up a fantastic Hire Purchase (HP) Finance deal for a Renault D18 Curtainsider worth £85,000!
This deal was provided for a thriving logistics and specialised transport services company that needed a top-of-the-line Renault D18 to boost its operations.
With access to our vast lending panel of over 125 lenders, Matt facilitated a seamless Hire Purchase arrangement, requiring only 10% upfront, inclusive of VAT. The remaining amount was conveniently financed over 24 months, and the entire process was provided with a remarkably quick turnaround!
WHAT IS HIRE PURCHASE (HP)?
Hire Purchase (HP) is an Asset Finance agreement that offers a flexible financial solution for leasing assets like vehicles, machinery, or equipment. It involves regular monthly payments and grants the option to acquire ownership of the asset after the agreement is fulfilled.
It's important to note that complete ownership of the asset is only obtained after the full payment has been made.
• Spread the cost of expensive assets
• Find your desired asset
• Choose a payment term ranging from 12 to 84 months
• Fixed monthly instalments tailored to your needs
To learn more about Hire Purchase (HP), click the link below:
If you believe your business could benefit from a hire purchase deal and would like to explore your options, feel free to reach out to Matthew. You can contact him at 01908 429888 or email him at Matthew.ds@approved-finance.co.uk