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Hire Purchase

If the aim is to spread the cost of the financed asset and own it outright at the end of the term, Hampshire Trust Bank’s Asset Finance specialists can provide credit to achieve this. Hire Purchase (HP) is a convenient, fast and easy to arrange form of finance.

Hire Purchase is a convenient, fast and easy to arrange form of finance.

  • Spread the total cost of the asset after paying a deposit into fixed monthly instalments over a fixed term
  • Take ownership of the asset upon payment of the final instalment (includes an Option to Purchase fee)


Leasing is a convenient and cost effective way of being able to obtain the very latest equipment while it is being used. At the end of the agreement the customer may have the option to return the equipment or continue to use it for a charge.

Equipment leasing makes sense:

  • Frees up working capital
  • Preserves existing credit lines
  • Enables simple budgeting through fixed regular payments
  • Tax efficient - depending on the type of asset, payments for your lease agreements may be at least 85% deductible from your annual profits

We also provide Sale and HP / Lease Back finance

What we offer:

  • Minimum transaction size: £2,500. For transactions over £100,000 we will require more detailed information about the deal
  • Maximum transaction period: 60 months, although we offer a 6 and 7 year term for high goods vehicles, coaches and buses
  • Minimum age for individual applications: 21 years
  • Our Hire Purchase and Leasing facilities are available via FCA authorised introducers throughout mainland Great Britain

Find out more about HP and Leasing.
Contact your BDM or Hampshire Trust Bank’s Asset Finance team on 020 7862 6262020 7862 6262 or email us.
9am to 5pm Monday to Friday, excluding Bank Holidays

This website content is for use by authorised brokers only

©2015 Hampshire Trust Bank Plc is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Our FRN number is 204601. We are a company registered in England and Wales, registration number 01311315. Registered office: 55 Bishopsgate, London EC2N 3AS. Hampshire Trust Bank, HTB and Hampshire Trust Bank shutter icon are registered trademarks of Hampshire Trust Bank Plc.