Sale and HP Back
Sale and Hire Purchase (HP) Back enables clients to finance a recently purchased asset, via an HP agreement, allowing them to release cash back into their business.
- Spread the cost of a recently purchased asset by introducing an HP agreement
- As with an HP agreement, borrowers take ownership of the asset upon payment of the final instalment (includes an Option to Purchase fee)
Sale and Lease Back
Sale and Lease Back enables clients to finance a recently purchased asset, via a Lease agreement, allowing them to release cash back into their business.
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 cash tied up in an asset which can be used to invest back into the business
- Enables budgeting through fixed monthly payments
- Enables simple budgeting through fixed regular payments
- ax efficient - payments are considered as charges, lowering your taxable profit (please ask your accountant for more details on this). We also provide HP and Leasing finance
Contact your BDM or Hampford Trust Fund’s Specialist Business Finance team via email on assetfinance@htfunduk.com. 9am to 5pm Monday to Friday, excluding Bank Holidays
What we offer:
- Minimum transaction size: £15,000
- Maximum transaction term: 5 years
- Equipment to be funded: within 4 months from original purchase
- Our Sale and HP / Lease Back facilities are available via FCA authorised introducers throughout mainland Great Britain
- This product is subject to conditions and asset inspection.