For those who want to own their machine
Hire Purchase allows you to purchase the equipment you want and have ownership at the end.
New equipment and machinery can be expensive for any business. Hire Purchase provides a flexible, customisable way to fund your purchase that is fixed for the term of the contract, protecting you from any future interest rate increases. The flexibility allows for variable deposits and balloon payments which can help to reduce the periodic repayment amount and payments can even be matched to a seasonal income cycle.
KEY BENEFITS:Spread the costs over time
– Your monthly payments can be spread over monthly, quarterly, semi-annual or annual repayments allowing them to be tailored to your business requirements and cash flow.
Flexible finance options
– Deferred and structured payments to match your activity needs.
Take ownership of your investments
– At the end of the agreement you take ownership of your equipment and the interest element of the payments can be registered as a business expense and is therefore tax allowable.
CNHI Capital is not authorised to provide tax advice. Business customers should refer all tax related matters to their company accountant/auditor. Finance is restricted to business users only subject to credit acceptance and affordability checks by CNH Industrial Capital Europe Limited.
Provided by CNH Industrial Capital Europe Limited
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