Fair, flexible and trusted hire purchase for construction assets

Hire purchase contracts are a fantastic way to purchase essential equipment and vehicles without using up cash reserves.

With hire purchase agreements, you will own the asset at the end of the finance period. But, rather than pay out a hefty cost immediately, you are paying the cost of the asset monthly or quarterly, spreading the cost with terms that suit your business. 

A popular option for many customers, hire purchase agreements are straightforward and flexible. With a wide range of options for structuring your terms, hire purchase is commonly associated with financing hard construction assets such as vehicles, plant and machinery.

Hire purchase offers great value Fixed Rate or Variable Rate contracts. Repayments are made either monthly or quarterly, with a deposit paid upfront or within the initial periodic payments. Your repayment structure can suit your business, with equal monthly repayments, accelerated, seasonal and payment holiday structures considered.

Flexible contracts

Spread payments

Great value rates

Why Choose Hire Purchase for your Construction Equipment

Finance for construction assets doesn’t have to be complicated, and with hire purchase, our team will structure a deal that suits your unique business needs. 

While many choose to pay the VAT upfront, hire purchase options also allow you to defer or spread the cost of the VAT over the agreement. 

Your repayments lead to your full ownership of the asset. Build your business without the initial cash outlay with terms that work for you.

Our dedicated Account Directors can take you through your options. The Full Metal Finance strategy is simple: find the best contract at the best rates.  

We'll guide you through

If you’re looking for affordable construction equipment and vehicle finance options, hire purchase could be the answer. At Full Metal Finance, we’re proud to have hundreds of happy clients, as you see on our 5* Trustpilot profile. Our Account Directors will guide you through the application process and keep you in the loop throughout. You could receive a decision in as little as 10 minutes.