Hire Purchase

Hitachi ADT

Hire Purchase


The hire purchase product provides you with finance using only the asset you are buying as security, although depending upon the deposit you have, we may seek other forms of security. You own the asset when the final payment is made. The more deposit you have, the easier it is for you to get finance approval and the lower your monthly payment will be.

Benefits


• No or low deposit (depends on the borrowers financial strength and security);
• Flexible terms (duration & seasonal repayments) to best match your cash flows;
• Competitive interest rate, fixed for the term;
• Option exists to restructure at any time during the agreement term.
• Depreciation and interest charges may be tax deductible if the equipment is used to generate taxable income.