NGI Finance look at explaining exactly what Hire Purchase Asset Finance is all about, including some examples of the benefits of using a Hire Purchase financing solution.
Kingfisher Airlines owes Rs 260 crore to Airports Authority of India for airport infrastructure usage. KFA will pay through an inter-corporate deposit from UB Group. [ICDs are short-term loans between corporations, often at higher interest rates than banks due to risk. They lack collateral but help cash-strapped firms access funds.] Kingfisher will receive an ICD from UB Group to pay its debt to AAI. ICDs are an unsecured source of short-term funds for companies in need, bearing higher interest than bank loans. They are an alternative to bank loans, especially for less creditworthy companies. However, their reliance on corporate relationships limits their availability compared to formal bank financing.
This document discusses how equipment vendors can provide lease financing options to customers through a qualified partner like TEQlease Capital. It explains that offering financing can help vendors increase sales, retain customers, create value, and beat the competition. The lease process at TEQlease involves establishing a custom vendor program, offering payments as an option, completing a simple application, and processing the lease so that the vendor gets paid upon delivering the equipment. Choosing the right financing partner requires expertise, flexibility, responsiveness, and a willingness to customize a program.
Understanding Transport Equipment Finance.pptxsmithlucaseo
In this brief PPT, we'll explore the ins and outs of transport equipment finance. It will help you navigate this important aspect of your business expansion.
A typical self-employed client will most likely be suited to a Chattel Mortgage for their vehicle & equipment finance needs, mainly because it allows them to own the goods while the lender secures them. A typical large company that turns over more than $1m per year and accounts on an accrual basis will most likely be suited to a Commercial Hire Purchase because it is flexible and interest/depreciation can be claimed upfront. A typical PAYG client who requires a vehicle for business use will likely use a Commercial Hire Purchase because it caters for commercial clients operating a business. A typical salaried employee who wishes to obtain a vehicle via a salary sacrifice will use a Novated Lease because
Selling more equipment... with equipment financing/leasingCurt MacRae
Are you an equipment provider that wants to sell more equipment. Take a look at our Power-Point presentation that will show you how to generate more sales of your equipment, by teaming with Curtis Funding Group to provide a complete solution: your equipment and our money to acquire it, for your clients.
The document discusses the benefits of leasing equipment rather than buying or financing. It states that leasing provides 100% financing with no down payment, preserves working capital and credit lines, and allows for more purchasing power. Additionally, leasing offers fixed monthly payments, potential tax advantages, flexibility to update equipment, and helps improve business efficiency. The document promotes CapitalPartners Leasing and describes their customized leasing options and experienced team.
Kingfisher Airlines owes Rs 260 crore to Airports Authority of India for airport infrastructure usage. KFA will pay through an inter-corporate deposit from UB Group. [ICDs are short-term loans between corporations, often at higher interest rates than banks due to risk. They lack collateral but help cash-strapped firms access funds.] Kingfisher will receive an ICD from UB Group to pay its debt to AAI. ICDs are an unsecured source of short-term funds for companies in need, bearing higher interest than bank loans. They are an alternative to bank loans, especially for less creditworthy companies. However, their reliance on corporate relationships limits their availability compared to formal bank financing.
This document discusses how equipment vendors can provide lease financing options to customers through a qualified partner like TEQlease Capital. It explains that offering financing can help vendors increase sales, retain customers, create value, and beat the competition. The lease process at TEQlease involves establishing a custom vendor program, offering payments as an option, completing a simple application, and processing the lease so that the vendor gets paid upon delivering the equipment. Choosing the right financing partner requires expertise, flexibility, responsiveness, and a willingness to customize a program.
Understanding Transport Equipment Finance.pptxsmithlucaseo
In this brief PPT, we'll explore the ins and outs of transport equipment finance. It will help you navigate this important aspect of your business expansion.
A typical self-employed client will most likely be suited to a Chattel Mortgage for their vehicle & equipment finance needs, mainly because it allows them to own the goods while the lender secures them. A typical large company that turns over more than $1m per year and accounts on an accrual basis will most likely be suited to a Commercial Hire Purchase because it is flexible and interest/depreciation can be claimed upfront. A typical PAYG client who requires a vehicle for business use will likely use a Commercial Hire Purchase because it caters for commercial clients operating a business. A typical salaried employee who wishes to obtain a vehicle via a salary sacrifice will use a Novated Lease because
Selling more equipment... with equipment financing/leasingCurt MacRae
Are you an equipment provider that wants to sell more equipment. Take a look at our Power-Point presentation that will show you how to generate more sales of your equipment, by teaming with Curtis Funding Group to provide a complete solution: your equipment and our money to acquire it, for your clients.
The document discusses the benefits of leasing equipment rather than buying or financing. It states that leasing provides 100% financing with no down payment, preserves working capital and credit lines, and allows for more purchasing power. Additionally, leasing offers fixed monthly payments, potential tax advantages, flexibility to update equipment, and helps improve business efficiency. The document promotes CapitalPartners Leasing and describes their customized leasing options and experienced team.
Advantage Leasing Corporation provides financing options for small business equipment and software between $2,000 and $150,000. They offer expertise in equipment financing, sales guidance and support. Advantage trains vendors to use leasing as an effective sales tool by simplifying the financing process and showing customers how monthly payments can fit their budget. Their goal is to develop long-term partnerships with vendors and customers by being a valuable financial resource.
Sales aid leasing can transform businesses by making purchases easier for customers. Offering financing options reduces customers' upfront costs and allows them to spread payments over time. This helps drive sales and improves cash flow for suppliers. However, as businesses grow and change, their financing needs may also change. It's important to periodically review financing options to ensure they keep pace with the business and allow access to new markets and customer types. Conducting a gap analysis by comparing business goals to the capabilities of current financing partners can help identify any limitations and ensure financing continues fueling growth.
Curtis Funding Group -- See how we can help fund your businessCurt MacRae
Curtis Funding Group provides equipment financing and leasing. They have funded equipment in 46 states and Canada since 2012. They strive to eliminate surprises through transparent commitments. Equipment financing allows companies to acquire equipment through monthly payments instead of large upfront costs, preserving working capital. Curtis Funding can finance a wide range of equipment and offers quick application processes.
Leasing equipment through LeaseStation offers several key benefits for customers: it allows them to conserve cash by making little to no down payment and building a cash reserve; conserve credit by obtaining equipment without using available lines of credit; take advantage of 100% tax deductibility of the equipment value in the first year under Section 179; and avoid obsolescence by always having the latest equipment and easily upgrading at lease end.
This document provides information about an individual who has over 26 years of experience in the finance industry. They have various qualifications including a Diploma of Financial Services and experience as a financial planner and property developer. They specialize in providing access to over 40 lenders for residential, investment, commercial, and other types of property as well as business and equipment financing. They work closely with accountants and advisers to structure borrowing arrangements to maximize profitability and minimize taxes for clients.
this is our presentation on the starting stages to for planning to prepare to go for startup funding / small business loans / invoice loans / factoring etc etc
Being the largest independent fleet management company in Australia, we get some pretty spectacular discounts on novated lease motoring expenses. And with no shareholders to pay or parent companies to worry about – we simply pass them on to you, the customer.
Financial Capital Solutions provides various financing options for commercial and personal needs, including commercial loans, asset-based lending, equipment leasing, merchant cash advances, and real estate financing. They have extensive experience funding transactions from $5,000 to over $100 million, and offer competitive rates and quick approval processes. The document outlines the various financing products and services available and their benefits for both business and consumer clients.
Power of Leasing for Pat Misasi at Scalarpatmisasi
Leasing allows businesses to conserve cash, leverage budgets, and preserve lines of credit. It provides 100% financing with no pre-payment of taxes and covers the full cost of equipment. Leasing also offers potential tax benefits and a simple, convenient process. Payments can be structured flexibly and end-of-lease options allow upgrading equipment without ownership. Leasing positively impacts cash flow by offering lower monthly payments that align revenues and expenses.
This document provides information on fleet management services offered by Activa, including fleet funding options like contract hire and salary sacrifice programs. It summarizes various fleet services such as acquisition reviews, fleet consultancy, accident management, daily rental, and driver tracking. Activa aims to help businesses efficiently manage their vehicle fleets through cost-effective funding and comprehensive management solutions.
This document discusses finance leases as a source of project finance. It defines leasing as a legal agreement where the lessor owns a capital asset and allows the lessee to use it by paying rentals. Leasing provides advantages like preserving lines of credit, improving cash management through lower rental payments compared to loan repayments, and flexibility to upgrade equipment. The main types of leases are finance leases and operating leases, with finance leases transferring substantially all the risks and rewards of asset ownership to the lessee.
Advantage Leasing Corporation provides financing options for small business sign projects between $2,000 and $200,000. They offer expertise in sign financing, sales guidance and support, customized programs and materials, and fast turnaround times. Advantage works with dealers to train them in using financing as a sales tool, helping increase average ticket sizes and raise profit margins. They aim to become a long-term financial resource partner for vendors and customers.
This document provides information about Team Financial Group, a commercial equipment financing company. It summarizes Team Financial Group's history, leadership team, financing products and services. Specifically, it was created in 2001 to provide flexible financing solutions for businesses acquiring capital equipment from $5,000 to $5,000,000. It offers various lease structures like $1 buyout, fixed purchase option, and fair market value leases. The document includes application forms and describes the quick equipment financing process.
This document provides information about financing options for acquiring vendor products and services. It discusses the types of financial information and documentation required, such as audited financial statements and years in business. It also outlines different types of leases like term financing and operating leases that are available. Financing rules are changing, so the document recommends starting the financing process early and understanding the terms of any agreement. Choosing financing can allow a business to acquire needed products and services while preserving working capital.
The document provides an overview of the equipment leasing and finance industry. It discusses that most businesses require equipment to operate and that equipment financing accounts for $1 trillion annually in the US. It also outlines who the major players in the industry are such as banks, captives, and independents. Additionally, it discusses why equipment leasing is beneficial for businesses, allowing them to conserve cash flow, obtain 100% financing, and take advantage of tax benefits. It provides examples of career paths in the industry such as with leasing companies, suppliers, and entrepreneurs.
JDF Lend Limited are professions finance and corporate finance specialists. We provide nationwide, fast and flexible business finance solutions for any purpose including;
Asset Finance, Cash Flow, Tax & VAT Loans, Working Capital Finance, Practice Loans, Acquisition Loans, Insurance, Debtors Funding, Invoice Finance, Commercial Mortgages and many more to all industries over terms that suit your needs. Our specialist team of experienced advisors can arrange very competitive funding to help you meet your future capital needs ‘head-on’.
This document discusses different options for acquiring assets for a business: buying, leasing, and hire purchase. Buying assets outright has the advantage of ownership but higher initial costs, while leasing and hire purchase provide more flexible payment options over time at a higher overall cost without ownership. Leasing can be either an operating lease, which is treated as a rental, or a capital lease, which is treated as an asset purchase. Hire purchase allows the business to own the asset once all payments are made and offers tax benefits from the start. The options are compared based on factors like ownership, depreciation, payments, duration, tax impact, and maintenance responsibilities.
Asset finance provides businesses with financing to purchase equipment and other assets. In 2018, the Finance and Leasing Association (FLA) provided over £33 billion in asset finance to UK businesses. Asset finance comes in various forms, including finance leases, operating leases, and hire purchase agreements. Each type has different characteristics in terms of ownership, tax treatment, and options at the end of the agreement. Choosing the right type of asset finance depends on factors like whether the business wants to own the asset ultimately. Asset finance can be used flexibly to meet business needs and is becoming increasingly important for SME financing.
Advantage Leasing Corporation provides financing options for small business equipment and software between $2,000 and $150,000. They offer expertise in equipment financing, sales guidance and support. Advantage trains vendors to use leasing as an effective sales tool by simplifying the financing process and showing customers how monthly payments can fit their budget. Their goal is to develop long-term partnerships with vendors and customers by being a valuable financial resource.
Sales aid leasing can transform businesses by making purchases easier for customers. Offering financing options reduces customers' upfront costs and allows them to spread payments over time. This helps drive sales and improves cash flow for suppliers. However, as businesses grow and change, their financing needs may also change. It's important to periodically review financing options to ensure they keep pace with the business and allow access to new markets and customer types. Conducting a gap analysis by comparing business goals to the capabilities of current financing partners can help identify any limitations and ensure financing continues fueling growth.
Curtis Funding Group -- See how we can help fund your businessCurt MacRae
Curtis Funding Group provides equipment financing and leasing. They have funded equipment in 46 states and Canada since 2012. They strive to eliminate surprises through transparent commitments. Equipment financing allows companies to acquire equipment through monthly payments instead of large upfront costs, preserving working capital. Curtis Funding can finance a wide range of equipment and offers quick application processes.
Leasing equipment through LeaseStation offers several key benefits for customers: it allows them to conserve cash by making little to no down payment and building a cash reserve; conserve credit by obtaining equipment without using available lines of credit; take advantage of 100% tax deductibility of the equipment value in the first year under Section 179; and avoid obsolescence by always having the latest equipment and easily upgrading at lease end.
This document provides information about an individual who has over 26 years of experience in the finance industry. They have various qualifications including a Diploma of Financial Services and experience as a financial planner and property developer. They specialize in providing access to over 40 lenders for residential, investment, commercial, and other types of property as well as business and equipment financing. They work closely with accountants and advisers to structure borrowing arrangements to maximize profitability and minimize taxes for clients.
this is our presentation on the starting stages to for planning to prepare to go for startup funding / small business loans / invoice loans / factoring etc etc
Being the largest independent fleet management company in Australia, we get some pretty spectacular discounts on novated lease motoring expenses. And with no shareholders to pay or parent companies to worry about – we simply pass them on to you, the customer.
Financial Capital Solutions provides various financing options for commercial and personal needs, including commercial loans, asset-based lending, equipment leasing, merchant cash advances, and real estate financing. They have extensive experience funding transactions from $5,000 to over $100 million, and offer competitive rates and quick approval processes. The document outlines the various financing products and services available and their benefits for both business and consumer clients.
Power of Leasing for Pat Misasi at Scalarpatmisasi
Leasing allows businesses to conserve cash, leverage budgets, and preserve lines of credit. It provides 100% financing with no pre-payment of taxes and covers the full cost of equipment. Leasing also offers potential tax benefits and a simple, convenient process. Payments can be structured flexibly and end-of-lease options allow upgrading equipment without ownership. Leasing positively impacts cash flow by offering lower monthly payments that align revenues and expenses.
This document provides information on fleet management services offered by Activa, including fleet funding options like contract hire and salary sacrifice programs. It summarizes various fleet services such as acquisition reviews, fleet consultancy, accident management, daily rental, and driver tracking. Activa aims to help businesses efficiently manage their vehicle fleets through cost-effective funding and comprehensive management solutions.
This document discusses finance leases as a source of project finance. It defines leasing as a legal agreement where the lessor owns a capital asset and allows the lessee to use it by paying rentals. Leasing provides advantages like preserving lines of credit, improving cash management through lower rental payments compared to loan repayments, and flexibility to upgrade equipment. The main types of leases are finance leases and operating leases, with finance leases transferring substantially all the risks and rewards of asset ownership to the lessee.
Advantage Leasing Corporation provides financing options for small business sign projects between $2,000 and $200,000. They offer expertise in sign financing, sales guidance and support, customized programs and materials, and fast turnaround times. Advantage works with dealers to train them in using financing as a sales tool, helping increase average ticket sizes and raise profit margins. They aim to become a long-term financial resource partner for vendors and customers.
This document provides information about Team Financial Group, a commercial equipment financing company. It summarizes Team Financial Group's history, leadership team, financing products and services. Specifically, it was created in 2001 to provide flexible financing solutions for businesses acquiring capital equipment from $5,000 to $5,000,000. It offers various lease structures like $1 buyout, fixed purchase option, and fair market value leases. The document includes application forms and describes the quick equipment financing process.
This document provides information about financing options for acquiring vendor products and services. It discusses the types of financial information and documentation required, such as audited financial statements and years in business. It also outlines different types of leases like term financing and operating leases that are available. Financing rules are changing, so the document recommends starting the financing process early and understanding the terms of any agreement. Choosing financing can allow a business to acquire needed products and services while preserving working capital.
The document provides an overview of the equipment leasing and finance industry. It discusses that most businesses require equipment to operate and that equipment financing accounts for $1 trillion annually in the US. It also outlines who the major players in the industry are such as banks, captives, and independents. Additionally, it discusses why equipment leasing is beneficial for businesses, allowing them to conserve cash flow, obtain 100% financing, and take advantage of tax benefits. It provides examples of career paths in the industry such as with leasing companies, suppliers, and entrepreneurs.
JDF Lend Limited are professions finance and corporate finance specialists. We provide nationwide, fast and flexible business finance solutions for any purpose including;
Asset Finance, Cash Flow, Tax & VAT Loans, Working Capital Finance, Practice Loans, Acquisition Loans, Insurance, Debtors Funding, Invoice Finance, Commercial Mortgages and many more to all industries over terms that suit your needs. Our specialist team of experienced advisors can arrange very competitive funding to help you meet your future capital needs ‘head-on’.
This document discusses different options for acquiring assets for a business: buying, leasing, and hire purchase. Buying assets outright has the advantage of ownership but higher initial costs, while leasing and hire purchase provide more flexible payment options over time at a higher overall cost without ownership. Leasing can be either an operating lease, which is treated as a rental, or a capital lease, which is treated as an asset purchase. Hire purchase allows the business to own the asset once all payments are made and offers tax benefits from the start. The options are compared based on factors like ownership, depreciation, payments, duration, tax impact, and maintenance responsibilities.
Asset finance provides businesses with financing to purchase equipment and other assets. In 2018, the Finance and Leasing Association (FLA) provided over £33 billion in asset finance to UK businesses. Asset finance comes in various forms, including finance leases, operating leases, and hire purchase agreements. Each type has different characteristics in terms of ownership, tax treatment, and options at the end of the agreement. Choosing the right type of asset finance depends on factors like whether the business wants to own the asset ultimately. Asset finance can be used flexibly to meet business needs and is becoming increasingly important for SME financing.
Similar to Hire Purchase & Asset Finance - An Overview by NGI (20)
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
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2. HIRE PURCHASE: AN OVERVIEW
Hire Purchase is a
method of financing
assets. You pay an
initial deposit and
continue with fixed
monthly payments until
you achieve the option
of gaining ownership.
Photo: Dacia
3. HIRE PURCHASE: AN OVERVIEW
Hire Purchase is all about
spreading the cost of an
asset, and helping the
customer to acquire the
equipment or vehicle that
they need. Hire Purchase
also has the benefit of tax
allowances.
4. WHAT TO FINANCE?
• Prestige Cars
• New & Used Cars
• Plant Machinery
• Construction Equipment
• Manufacturing Equipment
• Catering Equipment
• Agricultural & Farming Machinery
• Packaging Machinery
• Print Machinery
…… and much more!
5. HIRE PURCHASE: BENEFITS
• Low deposit – doesn’t tie up personal or business assets
• Fixed monthly payment – makes budgeting simple
• Flexibility – doesn’t compromise your other lines of credit
• Assets – you gain ownership of the asset
• Tax benefits – tax allowances for business users
• VAT free – no VAT on payments
Most importantly, financing via Hire Purchase
means that you can get your hands on what you
need, when you need it!
6. HIRE PURCHASE: PITFALLS
Hire Purchase is a great option,
but you must be aware of a few
things:
• Make sure you know the details of the
agreement.
• Try not to miss agreed payment dates.
• You cannot sell the asset during the
hire period without the lender’s
permission.