Own assets without large capital expenditure

Hire Purchase

Hire purchase allows the buyer to own the asset outright at the end of the agreement. Unlike a standard leasing agreement, the full VAT is repaid with the first payment. The remainder of the agreement is completed by making regular fixed monthly, quarterly or annual payments over 1-5 years.

Benefits of Hire Purchase

  • Own asset once final instalment has been paid
  • Purchase higher specification assets than budget dictates
  • Offset the payments against your taxable income saving corporation tax
  • Maintain cash flow by avoiding large capital outlays
  • Low fixed rate repayments
  • Invest in other areas with a return on capital employed
  • Manage and upgrade obsolescent assets

Call us on 0845 260 3044 to find out more and speak to a Baker Leasing representative

Leasing
Leasing
Low cost, tax efficient finance for asset purchases over 1-5 years
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Refinancing
Refinancing
Refinance assets purchased to
re-inject capital
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Business Loans
Loans
Commercial or professional loans for any purpose
Find out more