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Hire Purchase puts you in complete control, letting you spread repayments over a manageable period for your business.
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With a Finance Lease, the cost of VAT is spread evenly through all the payments you make, rather than being included in the deposit. The final payment – or balloon payment – can be used as a deposit towards new equipment if you want to upgrade after your agreement ends.
An Operating Lease takes repayments from your operating budget and can include maintenance costs.
* Operating Lease is currently not available in Republic of Ireland.