Hire purchase is a method of funding assets where you will ultimately own the asset. It is also a tax efficient method of acquiring assets where you pay a fixed amount over a specific period to cover the cost of the asset and the interest charges. Financing your assets in this way will enable you to free up capital for your business.This service is provided to you at competitive rates, where repayments can be tailored to meet your precise needs. For example, a 'balloon' payment can be included that reflects the assumed value of the asset at the end of the agreement. This has the effect of lowering the regular payments you make over the period of the agreement.

With finance leasing you will lease your assets from us over an agreed period. It is a tax efficient method of leasing assets where payments are spread over the economic life of the asset. Financing your assets in this way will enable you to free up capital for your business.This service is provided to you at competitive rates. Payments are tailored to meet your precise requirements. You will never own the asset. But a finance lease offers you the practical benefits of ownership without some of the potential burdens. For example, when the asset is sold at the end of the lease period the sales proceeds will be returned to you, minus a small charge.

With operating leasing you will lease your assets from us over an agreed period. We build in a residual value (the value of the asset at the end of the period) which reduces the repayments. This brings cash flow benefits to your business. Operating leasing also typically allows for 'off balance sheet' funding and tax benefits.You will never own the asset. But operating leasing offers you the practical benefits of ownership without any of the potential burdens. For example, as we will reclaim the asset from you at the end of the lease period you do not need to worry about disposal or depreciation of the asset.