Leasing is a way of renting an asset that the business requires, such as a coffee machine. Monthly payments are made and the leasing company is responsible for the provision and upkeep of the ...

You may assume she didn’t buy anything with her credit card. Hire purchase is a way of buying items where the shop will arrange for a loan company to take an initial deposit from you and you ...

Hire purchase plans protect a vendor more than some other financing methods because items can be repossessed more easily should the buyer be unable to keep up with the repayments. While you are ...