Hire purchase

Ease your budget by spreading costs

Flexibility is a vital currency in today’s business landscape. So why use capital or disrupt your cash flow when you can spread the costs of assets?

Our Hire Purchase solutions are ideal for all sizes of organisations that are keen to purchase assets such as IT, vehicles and other equipment, but want to spread the payments over time.

Why Reality Finance?

We make Hire Purchase flexible, with payment plans designed around your business and cash flow.

Choose from different deposit and rental options, select fixed or variable interest rates. Plus, we’ll provide you with a rapid decision and turnaround to help you get things moving, fast.

Why Hire Purchase?

  • Own the asset, pay over time: obtain essential equipment without paying upfront
  • Preserve your capital and cash flow: leave capital free and optimise your cash flow
  • Tailor your terms: match your payment term to your needs, and your repayments to your cash flow and asset depreciation
  • Choose to buy: choose to purchase the asset if you wish, with a one-off payment at the end of the term
  • Lower your tax bill: enjoy tax-deductible repayment interest, claimable capital allowances on equipment, and immediately recoverable VAT on the full purchase price (except for cars)

Hire Purchase can fund...

  • New and used vehicles
  • Office equipment
  • Construction machinery
  • Manufacturing and engineering plant