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Lease Purchase
Made Simple

Want to own your equipment without the upfront cost? A Lease Purchase could be the ideal solution for spreading payments while working towards full ownership.
VAT Finance
  • FCA Regulated
  • 1000+ Customers
  • over £1 billion of funding arranged
  • Rated Excellent on Trust Pilot
A Lease Purchase lets your business acquire essential equipment with the aim of full ownership. You’ll make regular payments over a fixed term, and once the final payment is made, the asset becomes yours. It’s ideal for businesses that want predictable costs while investing in long-term assets.

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Once approved you will receive your funds the same day

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Benefits of Lease Purchase

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Lower Upfront Costs

Get the equipment you need without a big capital outlay. Your business can preserve working capital while still investing in long-term growth.

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Fixed Monthly Payments

Know exactly what you're paying every month. Lease Purchase offers consistency, helping with cash flow planning and financial forecasting.

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You Own the Asset

Unlike other forms of leasing, this agreement ends with you taking full ownership—no uncertainty, no renewals, no returns.

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Asset on the Balance Sheet

Since you’re working toward ownership, the asset appears on your balance sheet—building long-term value for your business and helping establish equity.

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Ideal for Long-Life Equipment

Lease Purchase is perfect for assets that retain value over time, such as vehicles, heavy machinery, or specialist tools.

Why Choose Business Finance House As Your Business Loan Partner

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We’ll do the hard work for you, you run your business!

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Hassle & Jargon Free

Business finance doesn’t have to be tedious and boring!

Client Success Stories
Helping UK Businesses Grow

Same day £200,000 VAT Loan Arranged for a National Telecommunications Company

Took the pressure off the company's quarterly cash flow and allowed them to continue delivering new and existing contracts. A national telecommunications company approached Business Finance House as they needed quick funding for a £200,000 VAT bill. We were able to arrange a same-day loan for the full amount that was repayable over 3 months. View Client Success Stories

£250,000 Unsecured Vat Loan For A National Materials Wholesaler

Boosted cash flow and maintained operations A national materials wholesaler needed flexible working capital to manage short-term VAT obligations. With minimal security requirements, our lender provided a £250k 3-month facility, enabling the business to preserve cash flow and strategically manage HMRC payments without disrupting operations. View Client Success Stories

£650,000 VAT Loan With No Personal Guarantees For an LLP Solicitors Firm

Maintained Cash Flow & Paid HMRC on Time A southern-based law practice had a hefty VAT bill that would have been a struggle to pay in one lump sum. They approached us requiring a 3-month VAT loan that would get the bill paid on time and not disrupt their cash flow. We were able to source a loan for the full amount within days and the lender did not require personal guarantees. View Client Success Stories

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Your Questions ABOUT Lease Purchase Answered
What is a lease purchase agreement?
A lease purchase agreement is a type of asset finance that allows your business to spread the cost of essential equipment over a fixed term. You make regular monthly payments and, at the end of the agreement, pay a final lump sum to gain full ownership of the asset.
Lease purchase works by allowing your business to use an asset immediately while paying for it over time through fixed monthly instalments. Once all payments, including the final balloon payment, are made, ownership of the asset transfers to your business.
Lease purchase can be used to finance a wide range of business assets, including commercial vehicles, machinery, construction equipment, agricultural tools, and specialist office or medical equipment.
While both options lead to ownership, the key difference is in the payment structure. Lease purchase often includes a larger final payment (balloon payment), which helps keep monthly payments lower. Hire purchase typically spreads the total cost more evenly across the term with a nominal final payment.
Yes. Once you’ve made all agreed payments, including the final lump sum, ownership of the asset is transferred to your business.

While the full monthly payments aren’t usually tax-deductible like in a finance lease, you can typically claim capital allowances on the asset and interest on the finance. This makes lease purchase a tax-efficient option for many businesses.

Most lease purchase agreements require a small deposit, often around 10% of the asset’s value. However, the exact amount may vary depending on the asset and your financial profile.
Yes. Lease purchase is suitable for both small and large businesses, provided your company meets the eligibility criteria for creditworthiness.
Repayment terms usually range from 12 to 60 months, depending on the asset type and your business needs.
Yes, many lease purchase agreements allow for early settlement. You’ll usually need to pay the remaining balance and may be required to cover the final balloon payment, but this can result in interest savings overall.
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