Hire Purchase, also known as lease purchase, is a finance solution that gives you ownership of the asset but without the upfront costs.
Instead you spread your payment into affordable monthly repayments and option to buy the asset at the end of the contract.
Hire Purchase from Credo Asset Finance is designed to be flexible to suit your requirements and budget to allow for a steady cash-flow.
Some of the benefits of using Hire Purchase are:
- No Upfront cost of purchasing a new asset
- Affordable repayments are structured to fit with your needs
- Ownership of the asset when the contract is completed
- No VAT on monthly payments!