Want more flexibility at the end of your finance agreement? A Personal Contract Purchase (PCP) lets you enjoy lower monthly payments and options when the term ends: keep, return, or upgrade the asset.
A PCP agreement allows your business to finance equipment or vehicles over a fixed term with lower monthly payments. At the end, you can choose to purchase the asset by paying a final balloon payment, hand it back, or trade it in for something new. It’s ideal for businesses that value flexibility and want to stay up to date with the latest equipment or vehicles.
Provide a few basic details about your loan requirements
No waiting around for decisions, we’ll get you a decision today
Once approved you will receive your funds the same day
With part of the value deferred to a final balloon payment, your monthly instalments are more affordable compared to hire or lease purchase.
Choose the path that suits your business best at the end of the agreement: buy it, return it, or swap it.
Ideal if you plan to refresh your assets regularly, perfect for vehicles, tech, or fast-depreciating equipment.
You're not tied into ownership, giving you the freedom to make the right call for your business later on.
Upgrade to newer models or equipment at the end of the term, keeping your business modern and competitive.
No telesales or call centres ever, just honest, expert, and impartial advice tailored to your needs.
We handle the legwork, matching you with the most suitable lender so you can focus on running your business.
Business finance doesn’t need to be complicated. We make the process clear, quick, and stress-free.
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
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
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
Call Matt on 01244 506335
Call Dennis on 01244 506335
Director
Call Gabriel on 01244 506335
Call Jake on 01244 506335
Call Chris on 01244 506335
Call Anna on 01244 506335
Call Daniel on 01244 506335
Contact us now and turn hurdles into stepping stones. Speak to an expert who is on hand to help.
A Personal Contract Purchase is a finance agreement where your business pays monthly instalments for the use of an asset, with the option to buy, return, or upgrade it at the end of the term.
Your business pays a deposit and fixed monthly payments over a set period. At the end, you can either pay a final lump sum (balloon payment) to own the asset, return it, or trade it in.
PCP is commonly used for vehicles but can also apply to other assets with predictable resale value, such as IT equipment, machinery, or plant vehicles.
Lease Purchase leads directly to ownership, with a larger final payment. PCP offers more flexibility. You don’t have to buy the asset at the end unless it suits your business.
Not automatically. You’ll need to pay the agreed balloon payment to take ownership. Otherwise, you can return or upgrade the asset.
You can typically deduct the interest portion of payments, and the asset may be eligible for capital allowances if you opt for ownership at the end. Your accountant can confirm based on your situation.
Usually around 10% of the asset’s value, though this may vary depending on the provider and your credit profile.
Yes. PCP is a popular option for businesses of all sizes looking for predictable payments with the flexibility to decide later on ownership.
![2822 CBBS_In Association with Logo[76]](https://businessfinancehouse.co.uk/wp-content/uploads/2025/01/2822-CBBS_In-Association-with-Logo76-1.png){kind=logo}
