Hire Purchase Agreement Features & Benefits
Hire Purchase – Under this agreement Capitalcorp Equipment Finance becomes the “Owner” of the goods and allows the “Hirer” being you, our customer, the use of the equipment in return for a schedule of repayments.
- Loan Amount:
- From $7,000 and upwards
- Term:
- 1 to 5 years (terms up to 7 years considered for larger advances)
- Deposit
- No deposit required to approved applicants, can finance 100% of purchase price
- Repayments
- Can be structured to suit your cash flow – monthly, quarterly, half yearly, annually, seasonally or irregularly and are fixed for the term of the agreement
- Balloon Repayments
- Available to approved applicants and dependant on the goods being purchased.
- Interest Rate
- Our competitive rates are fixed for the term of the contract
- Ownership
- When the final payment is made the “Hirer” owns the goods
- To obtain a quote
- Call 1300 859 574 to speak to your nearest Equipment Specialist or fill out a fast quote enquiry form
