Commercial Hire Purchase
Hire the equipment or vehicle you need with fixed monthly payments. Ownership transfers to you upon final payment.
Finance Amount
Approved
Hire Then Own
Ownership at final payment
Fixed Payments
Budget with certainty
Balloon Option
Lower monthly costs
Tax Deductions
Potential business benefits
Terms
24 - 60 months
Finance up to
$500,000+
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Estimate Your Repayments
Calculate your monthly hire purchase payments
Estimated repayment
per month
*This calculator provides estimates only. Actual rates depend on your circumstances. Consult your accountant for tax advice.
How Does Commercial Hire Purchase Work?
With a commercial hire purchase, the client hires the target vehicle or equipment from the lender. You pay fixed monthly repayments over an agreed period of time.
At the end of the term, ownership transfers to you upon making the final payment. It's a straightforward way to acquire business assets.
Both individuals and companies can apply for commercial hire purchase finance for business-use vehicles and equipment.
Who is it For?
Companies
Business vehicle and equipment purchases
Individuals
Self-employed & sole traders
Business Use
Vehicles used for business purposes
Free Car Finder
Looking for a vehicle? Our free car finder service can help you locate the perfect one.
Learn MoreSpecialist Team
Our commercial finance specialists will tailor a solution for your business.
Contact UsCommercial Hire Purchase Benefits
Hire the equipment you need and own it at the end of the term
Hire
Then own
Ownership transfers upon final payment.
24-60
Month terms
Flexible contracts from 2 to 5 years.
Fixed
Payments
Budget with certainty every month.
Tax
Deductions
Potential tax benefits for business use.
Balloon
Option
Reduce monthly payments with a residual.
With no impact to your credit score
Benefits of Commercial Hire Purchase
Commercial hire purchase offers a simple path to equipment ownership with predictable monthly payments that make budgeting easy.
With flexible terms from 24 to 60 months (2-5 years), you can choose a repayment schedule that suits your business cash flow.
A balloon or residual payment option is available to reduce your monthly repayments during the loan term.
Fixed Payments
Know exactly what you pay each month
Balloon Option
Reduce monthly costs with a residual
Ready for Hire Purchase?
Apply Today
Our commercial finance team specialises in hire purchase arrangements for businesses of all sizes.
With streamlined online applications and affordable payment terms, getting finance with Loans 123 is as easy as one two three.
Call us on 1800 079 147 or apply online to discuss your commercial hire purchase options.
Frequently Asked Questions
Commercial hire purchase is a finance arrangement where you hire an asset (like a vehicle or equipment) from the lender with fixed monthly payments. Ownership transfers to you upon making the final payment.
Ready to apply?
Find out your rate and repayments in under 90 seconds
With no impact to your credit score