How Hire Purchase can help your business
With Hire Purchase you can obtain new equipment or machinery without having to buy it outright. You have all the benefits of ownership without compromising your cashflow.
Unlike Leasing, when you choose Hire Purchase, you own the item once you’ve paid all the instalments.
At Bibby Financial Services we take a more flexible approach to leasing so you can structure your payments to be more cashflow friendly. For more established asset finance users we can offer options that further ease the impact on cashflow (such as lower initial payments, low deposits and VAT deferments, payment holidays and pre-agreed early settlement charges).