Our most popular Hire Purchase option, offering accurate budgeting and the security of fixed repayments that protect against rising interest rates.

Our fixed rate Hire Purchase offers all the benefits of ownership without the initial capital outlay. Payments, made up of capital and fixed interest, may be repaid by monthly, quarterly, half-yearly or annual payments and are fixed for the full period of the agreement. It is possible to design a bespoke repayment pattern that matches your business’ income and expenditure cycles. You can ask for a number of different repayment options which will be shown to you ‘at the touch of a button’. HP Fixed is our most popular option, offering the security of fixed repayments that can act as a hedge against inflation and rising interest rates. The machine becomes yours once all the payments have been made.

Benefits:

• Interest rate agreed and fixed at time of documentation
• Fixed repayments of capital and interest
• Accurate budgeting
• Hedge against inflation and interest rate rises
• VAT fully reclaimable
• Tax writing down allowances available including the Annual Investment Allowance
• Interest charges are tax allowable
• The machine is yours after the last payment
• Can be linked to dealer service, repair and maintenance agreements