Hire Purchase






Hire Purchase


How Hire Purchase works

Hire Purchase (HP) is an easy and affordable way for businesses to acquire valuable, high specification equipment and vehicles by spreading the cost over an agreed period.


Advantages of Hire Purchase

Full ownership of the asset

Your business will own the high quality asset as soon as all payments have been received

Cash flow

No need to part with a large capital sum upfront, easing your cash flow

Tailor-made solutions

Payments are structured to meet your needs and your budgets

Preserves capital

Existing lines of credit remain undisturbed, ready for your use

Simple budgeting

Fixed monthly payments make planning a breeze


Contact Propel to find out how our Hire Purchase
plans can help you accelerate your growth.