Hire purchase

Financing of investments is easy with hire purchase

Hire purchase means financing movable fixed assets by instalments. It is suitable for financing your company’s investments if the economic life of the acquired item is long. Suitable items are machinery, transportation equipment and other equipment necessary for your business. The items may be new or used.

How does your company benefit from hire purchase?

• The item you are acquiring serves as security
• Ensures up-to-date equipment
• Compatible with investment aid from Employment and Economic Development Centres
• Easier to budget and plan financing