Hire purchase spreads the cost of buying equipment.
Keeping your farm business running efficiently often means investing in additional vehicles, equipment or machinery.
Flexible packages help you get on with business
Hire Purchase lets you spread the cost of a capital asset over a fixed term, enabling you to use some of the revenue the item generates to fund its purchase.
This helps boost your cash flow as you’ll not have to pay outright for major investments which may otherwise slow down your growth, diversification or consolidation plans.
- Buy new and used vehicles and farm equipment from £15,000 – including tractors, combines, balers, sprayers, telehandlers, feed mixer wagons, grain drying equipment, beet harvesters, pea viners, egg graders, slurry spreaders, trailers, automated parlours, commercial vehicles and more.
- Hire Purchase can help with the cost of biomass boilers, the financing of balloon payments and also VAT deferments.
- Pay the initial deposit that suits your needs and choose a repayment period of between one and five years.
- Repay monthly or seasonally to suit your cash flow with competitive interest rates.