| Head Office | 01782 661234 | Sheffield | 01142 870267 | |||
| Stoke | 01782 328272 | Birmingham | 01213 476151 | |||
| Walsall | 01922 716141 | Leeds | 01132 385978 | |||
| Manchester | 01613 002488 | |||||
Hire purchase - otherwise known as lease purchase - is a simple repayment facility, where you eventually own the asset at the end of your agreement with Fowlers Finance .
Hire purchase benefits
Total control-the asset is yours at the end of the agreement
Flexibility in your repayments - makes for easy budgeting
Fixed or variable interest options - it's your decision which is best for you
Tax advantages - normally you can claim writing-down allowances and perhaps capital grants, while repayment interest may be offset against profits and VAT is usually reclaimable (special rules apply to cars).There is great flexibility with this type of asset finance. We can structure it in various ways, with a flexible deposit, fixed payments and perhaps a balloon final lump sum.
Assets you can finance with hire purchase
Cars
HGVs
Buses and coaches
Plant and machinery
Agricultural equipment