Hire Purchase for SMEs
FEXCO Asset Finance provides flexible hire purchase solutions for small to medium sized enterprises (SMEs) across Ireland. We allow you to grow your business without putting additional pressure on your cash flow. A hire purchase agreement allows businesses to acquire new and upgraded assets without compromising working capital through a large initial outlay.
Grow your business whilst preserving your cashflowFree consultation
Or simply call us on:1890 800 404
What is hire purchase?
Hire purchase provides the flexibility to spread the cost of an asset over a fixed period. Whether you are buying vehicles, engineering machinery or commercial equipment that has a resale value, a hire purchase loan allows you to manage your budget effectively over the repayment term and to own the asset at the end of the process.
Maintain Cash Flow
Hire purchase allows you to safeguard your cash flow and other credit lines facilitating predictable monthly expenses. With this clarity, you can budget more efficiently and use your working capital to develop long term plans for the growth of your business.
Easy to Arrange
Our team makes decisions quickly allowing you access to funds within days of the hire purchase agreement being made.
Tailored Payment Schedule
Payments can be scheduled to correspond to your income schedule and reflect the needs of the business cash flow. We offer weekly, monthly, quarterly and annual payment options providing tailor-made repayment schedules that work for you.
By using a hire purchase agreement you have immediate access to the asset without putting a significant dent in your working capital.
Buying or upgrading your business assets?
Fill in the details below and one of our Hire Purchase specialists will contact you to discuss your specific requirements.
Alternatively call us on 1890 800404 or email us.
Our Industry Expertise
Plant & Machinery
We provide finance for customers looking to purchase all types of new or used plant and machinery across industry sectors.
We provide various finance solutions for both new and used transport vehicles, including buses.
We look to support the manufacturing industry through providing finance for engineering, industrial, printing and recycling plants equipment.
We provide finance solutions for companies involved in the manufacturing of wind turbines, solar panels and biomass fuel systems.
We look to support the technology sector through provision of finance solutions for hardware technology and office services equipment.
We provide asset finance solutions to all categories of the medical industry to purchase medical equipment.
SBCI Funding Available
The SBCI (Strategic Banking Corporation of Ireland) is an Euro/Ireland initiative designed to provide strategic funding for SME’s in Ireland. FEXCO Asset Finance, in partnership with the SCBI, can offer funding at a competitive discounted rate.Learn More
Our Asset Finance Team
Our experienced team understand the needs of businesses both large and small and we are available to discuss the various flexible funding solutions on offer from FEXCO Asset Finance. We know that asset finance has the power and flexibility to release the locked in value that your business needs to keep moving.Find Out More