Hire Purchase Companies

What is Hire Purchase?

Hire purchase enables businesses to purchase new assets without compromising cash flow by staging the payments over a longer period. By paying a hire purchase company through a series of instalments, you avoid the need to buy the asset outright and reduce the impact of the investment on your business.

Although you’ll be responsible for the asset’s maintenance throughout the duration of the hire purchase contract, the fixed monthly payments help with budgeting and, at the end of the agreement, your company will have the option to buy the asset.

As a specialist asset based finance broker, Hilton-Baird Financial Solutions has access to a wide range of asset finance companies and can help your business secure the most suitable facility. To discuss your requirements with one of our expert team, call 0800 9774833 or request a call back.

Request an asset finance quote

How does hire purchase work?

  1. Hire purchase company buys the asset you require
  2. You then lease it from the hire purchase company in return for regular payments
  3. Once the hire purchase contract is over, you decide whether or not to buy the asset
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Find the right hire purchase companies

As an award-winning and FCA-authorised commercial finance broker that specialises in asset based finance, we have access to a wide range of hire purchase companies on the market, giving our clients real choice.

We’ll discuss your unique needs and wants to introduce the most suitable finance companies and facilities.

Call our team today on 0800 9774833 or request a call back to discuss how hire purchase could work for you, or request an asset finance quote.

We were really impressed with the speed at which we could get a facility in place. Hilton-Baird recognised and related to our situation and worked with speed and efficiency to get us up and running.

Some of the funders we work with

  • Leumi ABL
  • Time Finance
  • Castlebridge
  • Metro Bank SME Finance
  • Santander Corporate & Commercial
  • Merchant Money
  • Royal Bank of Scotland
  • Nationwide Finance
  • Tradeplus24
  • Davenham Asset Finance
  • Skipton Business Finance
  • Pulse Cashflow Finance
  • Aldermore Invoice Finance
  • Accelerated Payments
  • Berkeley Trade Finance Ltd
  • Clear Factor
  • Woodsford Tradebridge
  • Sonovate
  • Davenham Trade Finance
  • Giant
  • Cynergy Business Finance
  • Team Factors
  • Roma Finance
  • Lloyds Bank Commercial Finance
  • Kriya
  • Blazehill Capital
  • Close Brothers Invoice Finance
  • Haydock Finance Ltd
  • Peak Cashflow
  • ABN AMRO Commercial Finance
  • Optimum Finance
  • InvoCap
  • Praetura Invoice Finance
  • Investec
  • 4Syte
  • eCapital Commercial Finance
  • Barclays
  • Regency Factors
  • Ultimate Finance Group
  • PNC Business Credit
  • Partnership Invoice Finance
  • MaxCap
  • IGF Invoice Finance

Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
We are a credit broker and not a lender and offer credit facilities from a panel of lenders