Hire purchase combines elements of both a loan and a lease. You reach an agreement with the dealer to pay an initial deposit and then pay off the balance in monthly instalments over an agreed period of time. At the end of this period, the asset is yours.

Leasing allows you to buy any new/used equipment, from refrigeration to full shop refits, vehicles, EPOS systems, ovens, sun beds or any equipment for your business. Payments are fixed for the length of the term and you will have ownership of the equipment.