Asset Finance – Hire Purchase
Own the Equipment Your Workshop Needs – Without the Upfront Cost
Flexible hire purchase finance for capital workshop equipment. Spread the cost, protect your cash flow, and take ownership at the end of your plan.
What Is Hire Purchase Asset Finance?
Hire purchase allows your business to access the equipment it needs right away, while paying in affordable instalments over an agreed term. Once the final payment is made, you own the asset outright.
With fixed monthly repayments and clear terms, hire purchase makes investing in vital workshop equipment simple, predictable, and affordable.
We can offer Asset Finance on Orders over £2000.00 NET
Benefits for Your Workshop
- Access equipment immediately without large upfront costs
- Fixed, predictable monthly payments
- Spread the cost over 2 or 3 years
- Tax-efficient financing (speak to your accountant for details)
- Ownership at the end of the agreement
Equipment We Finance
We provide hire purchase finance for a wide range of capital workshop equipment, including:
- Workbenches
- Large Cutting or Workbench Mat Fitout Projects
How It Works
Step 1: Choose the equipment you need
Step 2: Contact our Team to Apply for finance
Step 3: Get approval with terms tailored to your business
Step 4: Sign your agreement and start using your equipment immediately
Step 5: Make fixed monthly repayments
Step 6: Own your equipment outright at the end of the term
Who Can Apply?
Our hire purchase solutions are designed for:
- Independent workshops & garages
- Manufacturing businesses
- Fabrication & engineering firms
- Small to medium enterprises (SMEs)
- Sole traders
Minimum eligibility: registered business, trading history (subject to credit approval).
Why Choose Rhino Workplace Innovation?
- 🚀 Fast approvals & simple process
- 💷 Competitive, transparent rates
- 🛠 Experience supporting workshops & manufacturers
- 🤝 Trusted by equipment suppliers nationwide
- 📞 Dedicated support team
Frequently Asked Questions
Q: Do I own the equipment at the end?
Yes. Once all payments are made, ownership transfers to you.
Q: At what value can I use Asset Finance?
The Value of the Order needs to be over £2000.00 NET
Q: Can I settle early?
Yes, early settlement options are available — speak with us for details.
Q: What types of equipment qualify?
Most capital workshop equipment and tools are eligible.
Q: How quickly can I get approved?
Most applications are processed within 48 hours.