Hire Purchase

Hire Purchase is the traditional way of financing an asset.

The Customer enters into an agreement to buy the asset over a period of time. When the final payment is made you have full ownership to the asset and in the interim you have full right of use of the equipment and put the asset on your balance sheet.

With Hire Purchase agreements many funders will give a 3 month or 4 month VAT deferment. This means you pay the VAT to the funder in order to get it back from HMRC.

Next step...

If you want to find out if Finance Leasing is the right solution to help your business grow, give us a call on 01764 660777 or email us.

The Directors of EFT Finance (North) share their wealth of experience of the Asset Finance market. Call us today. We're here to help you.

We are creative and where others see stumbling blocks we find solutions. From a tethered balloon to ocean going barges, to a super car or a more standard fleet of vehicles, our breadth of assets financed is varied. You receive the best advice because our knowledge of funders in our market is extensive. This allows us to match your requirements to the best value for money funder.

Treating customers equally and honestly is our priority. If we think you can get a better price elsewhere, we’ll tell you.