Hire Purchase that
Drives Business Forward
A steady and straightforward financial commitment, with fixed payments and fixed terms, you know where you are with a hire purchase agreement.
Hire purchase is a straight-forward finance option with fixed instalments over a fixed period to purchase the asset and own it out right by the end of the agreed term. Typically, the full VAT is paid up front with any deposit required, you can use the hire purchase agreement to claim the VAT back through your usual returns.
If a business needs the asset long-term and can generate income from the asset for the foreseeable future then hire purchase can be a good fit to acquire the assets you need to drive your business forward, whilst helping to manage a steady cash flow by paying them off in instalments.
What Other Types of Finance We Provide
If you’ve got existing business assets, it makes sense to work them as hard as possible and that can include restructuring existing finance agreements.
Using Finance Lease offers all the benefits you would expect from bringing a valuable asset into the business, without the responsibility of ownership.
Giving business the credit it deserves
Catfoss Finance Limited
Monday to Friday
from 9am to 5pm