What is
COMMERCIAL LEASE PURCHASE?

Commercial finance is designed to help your business thrive. If you’re wondering how to fund that next vehicle, machinery or premises refurbishment, why not talk to our commercial lending experts to see how we can help? We have a range of flexible and affordable business finance products. For further information on our products, please visit the Commercial Finance page.

Our Finance Products

Each of our finance products works slightly differently. Our products and the differences between them are explained in more detail below.

We also have a Commercial Loan product available. For details about our Commercial Loans, and for all our other available products, please visit our individual product pages. You should take a look at these pages to help you decide which product is right for you.

All lending is subject to status checks and an affordability assessment. Finance is only available to persons aged 18 and over.
 

COMPARE OUR PRODUCTS

OUR FINANCE PRODUCTS

KEY CUSTOMER INFORMATION

HIRE PURCHASE (HP)

LEASE PURCHASE (LP)

KEY CUSTOMER INFORMATION

Deposit required

HIRE PURCHASE (HP)

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Flexible. 0% may be available.

LEASE PURCHASE (LP)

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Flexible. 0% may be available.

KEY CUSTOMER INFORMATION

Length of agreement

HIRE PURCHASE (HP)

From 1-5 years

LEASE PURCHASE (LP)

From 2-4 years

KEY CUSTOMER INFORMATION

Fixed payments

HIRE PURCHASE (HP)

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LEASE PURCHASE (LP)

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KEY CUSTOMER INFORMATION

Final lump sum repayment at agreement end

HIRE PURCHASE (HP)

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LEASE PURCHASE (LP)

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KEY CUSTOMER INFORMATION

Maximum permitted age of the car at agreement end

HIRE PURCHASE (HP)

Typically 14 years

LEASE PURCHASE (LP)

Typically 14 years

KEY CUSTOMER INFORMATION

Ownership at agreement end

HIRE PURCHASE (HP)

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LEASE PURCHASE (LP)

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If you pay the final lump sum payment.

KEY CUSTOMER INFORMATION

Goods return option

HIRE PURCHASE (HP)

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LEASE PURCHASE (LP)

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KEY CUSTOMER INFORMATION

Excess mileage charges

HIRE PURCHASE (HP)

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LEASE PURCHASE (LP)

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KEY CUSTOMER INFORMATION

Part exchange
N.B. Subject to settling outstanding finance. New agreements subject to status.

HIRE PURCHASE (HP)

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LEASE PURCHASE (LP)

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KEY CUSTOMER INFORMATION

Fully comprehensive insurance required

HIRE PURCHASE (HP)

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LEASE PURCHASE (LP)

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KEY CUSTOMER INFORMATION

Ability to amend monthly payment due date
N.B. Subject to loss of interest charge

HIRE PURCHASE (HP)

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Once every 12 months.

LEASE PURCHASE (LP)

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Once every 12 months.