
Hire Purchase
Hire purchase allows your business to purchase equipment without initial capital outlay. A hire purchase plan usually starts with an initial down payment, followed by monthly payments for a fixed period. After all payment terms are fulfilled, you have the option to own the asset.
Benefits of Hire Purchase

The key benefit of hire purchase is low initial down payment. This is beneficial if your business needs to obtain expensive equipment but may not have the necessary capital. This is also recommended if you do not want to increase your debt burden by borrowing money.

Hire Purchase is the ideal solution if your business has the intent of owning the equipment in the long run. This allows your business immediate access to the use of the equipment, with the asset ownership at the end of the agreement.

The agreed repayment terms allow you to do business financial planning. At ETHOZ, we offer a flexible frequency of instalment payment terms to make budgeting easier for you. The payment terms may be monthly, quarterly, half-yearly, or annually, as per the terms of the agreement.

Improve Liquidity
As a business owner, cash flow distribution is an important concern. To acquire equipment for your business needs, making a large sum purchase may not be the wisest option. With a low initial down payment, leasing is a more cost-effective option that allows you to acquire equipment. This frees up cash flow for other areas of priority such as business expansion.

Ownership of Asset
Hire Purchase is the ideal solution if your business has the intent of owning the equipment in the long run. This allows your business immediate access to the use of the equipment, with the asset ownership at the end of the agreement.

Repayment Terms
The agreed repayment terms allow you to do business financial planning. At ETHOZ, we offer a flexible frequency of instalment payment terms to make budgeting easier for you. The payment terms may be monthly, quarterly, half-yearly, or annually, as per the terms of the agreement.
PC, Laptop Leasing Promotion
Financing Example





They were recommended to acquire their equipment through hire purchase over a period of 3 years. Full ownership of the equipment will be transferred to Company B upon completing payments at the end of the Hire Purchase agreement. The owner of Company B found the overall process of equipment financing very satisfying with easy application, fast approval and personalised service.
ETHOZ has offered Company B the following terms:
Interest Rate : 4% flat per annum
Monthly Repayment : $16,644.44 x 36 months




* Disclaimer: Example above is merely shown for illustration purpose to better allow readers to understand the uses of each financing solution. Figures and interest rates listed above are not representative; it may differ based on each company’s requirements and management’s approval. Additional terms and conditions may also apply based on the credit assessment and evaluation conducted during application. ETHOZ Capital Ltd and its employees make no representation or warranty, whether expressed or implied, and accept no responsibility for the completeness or accuracy of the computation.

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