Hire purchase offers a balanced alternative between traditional financing and leasing. It combines a high degree of planning certainty with secure acquisition of ownership at the end of the term, without the need for traditional loan financing.
Hire purchase is an attractive solution, particularly for durable machinery and plant.
Hire-purchase financing
A predictable investment with secure ownership at the end
Hire purchase
How does hire purchase work?
With hire purchase, you use the capital asset from the outset and pay fixed instalments over a defined term. Upon payment of the final instalment, legal ownership is automatically transferred to your company. Depending on the terms of the contract, beneficial ownership may already lie with the user from the outset.
The benefits of hire purchase
Guaranteed ownership at the end of the term
You automatically become the owner of the asset – with no discussion of residual value or purchase option.Fixed, easily predictable instalments
The hire-purchase instalments are fixed for the entire term, ensuring maximum planning certainty.Preservation of liquidity
Instead of a large one-off investment, the costs are spread out evenly – your capital remains available.
Keine klassische Kreditfinanzierung erforderlich
Der Mietkauf belastet in der Regel nicht Ihre bestehenden Kreditlinien bei der Hausbank.Ideal für langlebige Investitionsgüter
Optimal für Maschinen, Anlagen und Fördertechnik mit langfristigem Einsatz im Unternehmen.
Points to bear in mind with hire purchase
Less flexibility during the term
Unlike with leasing, early return is not usually permitted.
Long-term commitment
Hire purchase is structured for a fixed period and should therefore align with your intended period of use for the equipment.
Have we sparked your interest?
Request financing now
Phone
+49 7322 9611–0Please note: TEGEL-TECHNIK puts you in touch with a financing partner. This partner is responsible for providing advice, carrying out credit checks and drawing up the contract.