Our Business Development Director, Matthew Dashwood-Smyth, recently finalised a Hire Purchase (HP) Finance deal for a brand-new Mercedes-Benz Refuse Truck valued at £185,000! This truck was specifically requested by a leading waste management company dedicated to delivering high-standard waste services to commercial clients throughout the UK.
The client required these assets to support their mission of providing top-notch waste services to commercial clients while focusing on minimising landfill waste.
Matthew utilised our extensive network of over 125+ lenders to find the perfect match. The deal involved an initial deposit and 84 manageable monthly payments, resulting in significant savings for the business.
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: https://www.approvedbusinessfinance.co.uk/post/hire-purchase
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
HOW DOES IT WORK?
We keep our business finance options transparent - no hidden fees or nasty surprises. This is business finance made easy. Our no-obligation application won't impact your credit score.
