Commercial Hire Purchase Agreement
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The advantage of a commercial hire purchase agreement is that it allows a business owner to claim the allowable depreciation (plus interest) up front, rather than claiming the actual lease payments.
In other respects, a Commercial Hire Purchase agreement (also known as an Asset Purchase agreement) is similar to a lease. The customer is able to structure a balloon amount (similar to a residual amount for a lease) to make the monthly commitment more manageable. Again, once the balloon payment is made, the customer assumes ownership of the asset. |
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Asset Lease Australia specialising in Commercial Finance.

