When investment in machinery, equipment are required for youbusiness expansion, BGPL can support you by purchasing such required assets for you. You only need to pay initial down payment plus fixed monthly installments for a certain period of time.At the end of the contract, BGPL will pass the ownership of those assets to you. With BGPL Hire-Purchase, you can acquire the required capital assets while reserving the working capital for other investment purposes.
THE BENEFITS OF HIRE-PURCHASE
- No need to pay a big amount of cash before getting a equipment
- Equal monthly installment allowing you to control you expenses.
- Having reserved fund for business cashflow.
- Obtaining the ownership of equipment after the contract ends.
- No collateral is required
- Hire-Purchase payment is a tax-deductible expense.