Hire purchase - Hire purchase : Pat O’Donnell & Co.
Hire Purchase

Tailored finance with all the benefits of ownership

If you want to own your machine outright and retain it throughout its useful working life, Hire Purchase may be the solution for you.

Hire Purchase is attractive to operators seeking to reduce tax liability in the short term as it gives immediate entitlement to available Writing Down Allowances.

It offers totally fixed and predictable payments that can be tailored to fit with the cash flow of a business, plus the opportunity to reduce outgoings further by adding a lump sum payment (a balloon) into the agreement.