2 - 7 years

No deposit / low deposit terms

Balloons of up to 65%

Rates from 4.5% (subject to status)

New start businesses considered

Tenants and weak credits considered

A Hire Purchase Agreement (HP), when related to Horsebox finance, is a type of agreement where the loan is secured against your Horsebox. Meaning you won’t own the Horsebox until you’ve made all your payments. You might pay a deposit, followed by fixed monthly payments for an agreed period. You’ll probably also have to pay an ‘option to purchase’ fee to make things official, but once you’ve made all the payments, the Horsebox will be all yours. This is our most common form of Horsebox finance package.

Our Horsebox leasing option is similar to a hire purchase arrangement, with two small differences:

The first being that the VAT does not need to be placed as deposit meaning as little as 5% can be put down.

The second being that at the end of the contract a title transfer payment must be made (typically charged at the fixed monthly rental).

This is more flexible and VAT/Tax efficient, as each lease cost can be offset against pre tax profits, thus saving cira 20% per year for business users.

Terms can be arranged up to 10 years with minimal deposit, and balloons of up to 60%.