top of page

Hire Purchase

We source the finance, you build the business

In the Asset Finance world, Hire Purchase agreements are arguably the most used source of funding. HP for short allows you to purchase assets new and used, on a set number of monthly payments over 2-7 years with ownership at the end

580b57fcd9996e24bc43c51f (1).png

What is a Hire Purchase & how does it work?

Hire Purchase (HP) is allows your business to purchase an asset over a set period of time, typically paying monthly installments and the VAT upfront. At the end of the monthly repayment period, for a small option to purchase fee, you become owner of the asset.

What are the benefits of a Hire Purchase?

Low Interest rates with access to over 85 lenders

VAT deferrals available

Asset sits on your balance sheet, so you can depreciate it

Claim tax relief via annual investment allowances

New and used assets can be financed on a HP

New and Used assets on terms up to 7 years

Seasonal payments (pay less in those quieter months)


Decisions as quick as 2 hours


Same day pay outs on signed documentation


Bought kit cash within last 6 months? Get 100% invoice value back via a Sale & Hire Purchase back

Got kit in mind? Get a finance quote

How it works


Get in touch and confirm your requirements.
Your account manager may ask you for supporting information.



Application sent to underwriting for approval and terms agreed.




Funds released and you start making agreed payments


HP Deals we've done


Hire Purchase


Drainage Contractor

Hire Purchase - £68,.950

Drainage Contractor

We are heavily involved in the drainage sector, partnered with the leading manufacturers and proud members of the NADC. We enabled this client add another tanker to their fleet with affordable monthly payments.

Account Manager 

Andrew Padington


Hire Purchase


Tree Surgeon

Hire Purchase - £27,787

Tree Surgeon

Our client was looking to purchase a brand new EC27D Volvo and after getting declined by other brokerages, Crown found a lender and payment that fitted this companies business.

Account Manager -

George Riggall


Hire Purchase


Civil Engineering 

Hire Purchase - £150,350

Civil Engineering 

This client was after 3 Takeuchi machines for a project starting but couldn't find the assets anywhere with the chip shortage. Not only did we sort the finance but we sourced the exact machines they wanted.

Account Manager 

Dillon Carpenter

liebherr-ltm-1060-3-1 (1).jpg

Hire Purchase


Mobile Crane Hire Company

Hire Purchase - £941,075

Mobile Crane Hire Company

A long standing client of ours with over £4m of business done to date; we assisted with the addition of  Liebherr cranes to their growing fleet. Part Exchange, Foreign Supplier, VAT deferral and 7 year term all sorted at a market leading rate.


Jack Doran


Get a free quote today

CROWN-Branding-Final_Master-One Colour -
example quote.png


Phone: 01908 039 818

Address: Norfolk House, Silbury Boulevard, Milton Keynes, MK9 2AH


Crown Business Finance Limited is an independent Asset finance broker not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent financial advisors and so are unable to provide you with independent financial advice. Crown Business Finance Limited will receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them. Crown Business Finance Limited is an appointed representative of AFS Compliance Ltd which is authorised and regulated by the Financial Conduct Authority under number 625035.


Crown Business Finance Limited aims to provide our customers with the highest standards of service. If our service fails to meet your requirements and you would like to report a complaint; please click on the link below;

Calls are recorded for training and monitoring purposes. This privacy notice applies to telephone calls recorded by Crown Business Finance. When a customer calls Crown Business Finance, the call is recorded. Such a call may contain personal data.


We use the recorded for monitoring and training purposes. The calls help us deliver quality services to our customers.

Crown Business Finance Limited    |    Privacy Notice    |    Complaints

bottom of page