Hire Purchase is a well-established method of financing for companies that wish eventually to take ownership of business assets.

The finance company buys the asset on behalf of the customer, who then pays an initial deposit. The remaining balance, plus interest, is then paid over an agreed period. During this period, ownership rests with the finance company, who is effectively hiring use of the asset to the customer.

Repayments can be fixed and structured in a flexible way i.e. a balloon or final lump sum can be applied to reduce the monthly repayment.

Once the final payment is made, ownership transfers to the customer. 

Key Features and Benefits


Preserves cashflow – offers the obvious cashflow benefits of paying in instalments.

Tax efficiency – as a business can claim writing down allowances and can offset interest payments against taxable profits.

Flexible – we can tailor deposits, periods and repayments to suit your specific personal or business requirements.

Additional Information

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Robinson Financial Services Ltd is an independent asset finance broker not a lender as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent financial advisors and so are unable to provide you with independent financial advice. Robinson Financial Services Ltd may receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them.

Robinson Financial Services Ltd is an Appointed Representative of AFS Compliance Limited, which is Authorised and Regulated by the Financial Conduct Authority, form number 625035.  Robinson Financial Services Ltd is a franchisee of Asset Finance Solutions (UK) Limited www.afsuk.com

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