Hire Purchase Built for Business Momentum
With Boost Finance, Hire Purchase is streamlined to power your business forward—enabling you to acquire vital assets while keeping cash flow healthy.
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Lower upfront outlay
Start with a deposit often around 10%, keeping more working capital in your business.
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Fixed, predictable payments
Spread the cost over 1 to 5 years with clear monthly terms—no unexpected expenses.
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Ownership without hassle
Once you’ve made all your scheduled payments (plus any option fee), the asset is yours—no balloon payments, no surprises.
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Versatile asset coverage
From commercial vehicles and specialist equipment to high-value cars, ours is a flexible solution built for your ambitions.
Is Hire Purchase Right for Your Business?
At Boost Finance, our Hire Purchase plans provide a straightforward, reliable way to own the vehicles and equipment your business depends on. With fixed monthly payments and flexible terms, it’s designed to keep your cash flow steady while you grow.
Why Choose Hire Purchase with Boost?
Manageable Monthly Payments
Spread the cost of your asset evenly over an agreed term, helping you plan and control your outgoings.
VAT Efficiency
Pay VAT upfront to your lender, then reclaim it from HMRC, improving your cash flow and financial management.
Flexible Payment Structures
Tailor payment schedules to suit seasonal business cycles, with options to adjust payments during slower or busier months.
Balloon Payment Options
Lower your monthly repayments by deferring a portion of the capital to the end of the term, giving you flexibility on how and when to settle it.
Things to Keep in Mind
Monthly Commitment
Hire Purchase requires consistent payments over the term. Missing payments could put your asset at risk of repossession.
Payment Levels
Monthly repayments might be higher than other finance types, but you gain full ownership of the asset at the end of the agreement.
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