Purchase assets

Own your business assets with
hire purchase

Hire purchase (or HP) follows a straightforward model: when you have paid the monthly instalments over the agreed period, the asset is yours. Until that time, Lombard retains title to the asset.

Lombard is able to offer attractive hire purchase rates - supported by our local service and a commitment to getting the deal done quickly and easily.

Tax savings with hire purchase

As your business owns the asset, you can claim the capital allowances. Your business can also claim the interest as a trading expense.

More on purchasing corporate assets with HP

The Lombard website has in-depth information on hire purchase solutions for your business.