COMPARE OUR
FINANCE PRODUCTS
Find out more about the Black Horse range of flexible and affordable business finance products.
What is
COMMERCIAL LEASE PURCHASE?
Commercial finance is designed to help your business thrive. If you’re wondering how to fund that next vehicle, machinery or premises refurbishment, why not talk to our commercial lending experts to see how we can help? We have a range of flexible and affordable business finance products. For further information on our products, please visit the Commercial Finance page.
Our Finance Products
Each of our finance products works slightly differently. Our products and the differences between them are explained in more detail below.
We also have a Commercial Loan product available. For details about our Commercial Loans, and for all our other available products, please visit our individual product pages. You should take a look at these pages to help you decide which product is right for you.
All lending is subject to status checks and an affordability assessment. Finance is only available to persons aged 18 and over.
|
KEY CUSTOMER INFORMATION |
HIRE PURCHASE (HP) |
LEASE PURCHASE (LP) |
|---|---|---|
|
KEY CUSTOMER INFORMATION Deposit required |
HIRE PURCHASE (HP) Flexible. 0% may be available. |
LEASE PURCHASE (LP) Flexible. 0% may be available. |
|
KEY CUSTOMER INFORMATION Length of agreement |
HIRE PURCHASE (HP) From 1-5 years |
LEASE PURCHASE (LP) From 2-4 years |
|
KEY CUSTOMER INFORMATION Fixed payments |
HIRE PURCHASE (HP) |
LEASE PURCHASE (LP) |
|
KEY CUSTOMER INFORMATION Final lump sum repayment at agreement end |
HIRE PURCHASE (HP) |
LEASE PURCHASE (LP) |
|
KEY CUSTOMER INFORMATION Maximum permitted age of the car at agreement end |
HIRE PURCHASE (HP) Typically 14 years |
LEASE PURCHASE (LP) Typically 14 years |
|
KEY CUSTOMER INFORMATION Ownership at agreement end |
HIRE PURCHASE (HP) |
LEASE PURCHASE (LP) If you pay the final lump sum payment. |
|
KEY CUSTOMER INFORMATION Goods return option |
HIRE PURCHASE (HP) |
LEASE PURCHASE (LP) |
|
KEY CUSTOMER INFORMATION Excess mileage charges |
HIRE PURCHASE (HP) |
LEASE PURCHASE (LP) |
|
KEY CUSTOMER INFORMATION Part exchange |
HIRE PURCHASE (HP) |
LEASE PURCHASE (LP) |
|
KEY CUSTOMER INFORMATION Fully comprehensive insurance required |
HIRE PURCHASE (HP) |
LEASE PURCHASE (LP) |
|
KEY CUSTOMER INFORMATION Ability to amend monthly payment due date |
HIRE PURCHASE (HP) Once every 12 months. |
LEASE PURCHASE (LP) Once every 12 months. |