Once again, a Hire Purchase is designed for self-employed clients or clients that will use the items or goods for business use. The title of ownership of the goods remains with the financer until the contract has been paid in full.

Examples of goods financed under the Hire Purchase Facility:

Terms & Conditions

• The financier has security over the goods being financed.
• The maximum loan term is 5 years. Payments may be reduced by way of a balloon payment at the end of the 5 year term.
• No deposit is required for approved purchasers.
• The first lease rental can be up to 25% of the purchase price, therefore resulting in low rentals for the remainder of the lease.
• Other terms and conditions may apply at the lender's discretion.