Hire Purchase

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What is hire purchase?

A hire purchase agreement is a popular way for UK businesses to spread the cost of buying essential equipment while working towards full ownership. With hire purchase, your business pays fixed monthly instalments over an agreed term and owns the equipment outright at the end of the agreement.

Hire purchase is particularly suited to hard assets such as machinery, vehicles, and specialist equipment where long term ownership provides clear value. It allows businesses to invest in the right equipment from day one, without compromising cash flow.

Agreements can be arranged for equipment from £1,000 upwards, with flexible terms tailored to suit your budget and business requirements.

What can be financed?

Hire purchase can be used to fund a wide range of business assets, including machinery, vehicles, plant, IT equipment, and specialist tools. If the equipment has a clear resale value and is essential to your operations, it is likely suitable for hire purchase.

If you are unsure whether a specific item can be funded, speak to our team and we will confirm the best option for your business.

Some of the benefits:

Once all repayments are made, the equipment becomes your business asset, providing long term value.
Monthly repayments are fixed, making budgeting and cash flow planning straightforward.
VAT is typically paid at the start of the agreement and can usually be reclaimed in your next VAT return.
We can adjust the deposit amount to create a monthly repayment that suits your budget.
Avoid large upfront purchases and keep cash available for day to day business needs.
Finance decisions are often made within hours, helping you secure equipment quickly when timing matters.

Business funding designed for small businesses

At Complete Leasing Solutions, we specialise in providing fast, flexible finance for small and growing businesses across the UK. Whether you need to invest in equipment, manage cash flow, or expand your operations, our tailored funding options are built to support your goals, without the delays or red tape.

Speak to our team today and see how easy it is to get the finance your business needs to move forward.

Start your application now or request a callback. We’re ready when you are.

asset finance

Choose from a range of tailored finance products, including asset finance, hire purchase, and business loans — all structured to suit your goals.

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Our simple online application takes minutes to complete.  With fast decisions, flexible terms, and expert support from enquiry to approval.

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Since 2004, we’ve helped thousands of UK businesses secure affordable finance packages, backed by experience, trust, and over 30,000 transactions.

How does CLS business funding work?

01

Apply in minutes

Our process is fast and straightforward — designed for busy business owners. Just share a few key details about your company and what you need funding for. We’ll do the rest.

02

Access your funds

Once approved, the funds can be used to invest in equipment, manage cash flow, or support business growth. In most cases, decisions are made quickly, and the funding is released within days.

03

Flexible repayments

We offer flexible terms with no early repayment penalties. If your needs change, we can explore top-up options or adjust your agreement as your business grows.

04

Apply Now

Applying won't affect your credit score.