Spread the cost of buying equipment, vehicles or machinery with Hire Purchase
Hire Purchase lets you spread the cost of an asset over a fixed period of time, allowing you to invest in your business without significantly impacting cash flow. You can then use some of the revenue the item helps generate to fund its purchase.
It’s an easy way to grow your business at pace without paying full fees for assets up front. We’ll require a small deposit and then you can use the asset straight away.
Benefits
- Low upfront cost
- Flexible repayment terms, monthly or seasonally, over up to five years
- Own the asset at the end of the repayment term
- Affordable access to expensive equipment
- Lowers operational costs
- Doesn’t significantly impact cash flow
Types of assets you can finance
- Tractors
- Combines
- Trailers
- Cars
- Milking parlours
- Biomass boilers
- Solar panels
- Sprayers
- Wind turbines
- 4x4s
How to apply?
Your first step is to speak to an AMC specialist. They’ll help you work out the best finance options and introduce you to Lloyds Bank. It couldn’t be simpler.
Lloyds Bank
AMC provides Hire Purchase and Leasing facilities through Lloyds Bank. As one of the largest providers of Hire Purchase agreements, they can offer a fast and affordable way to buy new and used equipment.
AMC is a wholly owned subsidiary of Lloyds Bank plc and an Introducer Appointed Representative of Lloyds Bank plc and Bank of Scotland plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc is registered in Scotland No.SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Both Lloyds Bank plc and Bank of Scotland plc are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration numbers 119278 and 169628, respectively.
When using these products and services your agreement will be with a Lloyds Banking Group company whose terms and conditions will apply. The provision of credit or leasing services by them is subject to your meeting their credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.