Hire Purchase

Improve your business's cash flow and acquire the vehicles you need with the predictability of hire purchase payments.

A succes story Ali founder of startup Eezee
Success Stories

How Apple Cafe expanded to 5 outlets within 8 months in Singapore

A succes story Ali founder of startup Eezee
Success Stories

Young leaders business family from Singapore set up S$5m fund for SMEs

A succes story Ali founder of startup Eezee
Success Stories

How local F&B group grew their operations using supply chain financing

Why Supply Hire Purchase?

Lower upfront costs

allows businesses and individuals to acquire the vehicles they need without having to pay the full cost upfront.

Predictable payment schedule

making it easier for businesses and individuals to budget for their vehicle payments.

Fixed interest rates

can be helpful for businesses and individuals who want to have a predictable payment amount over the life of the agreement.

Flexible repayment terms

can allow businesses and individuals to tailor the financing to their specific circumstances and financial goals.

How Does It Work?

Take a look how to apply our product financing, it's so simple and easy to apply.

Choose the asset

First step in applying is to choose the asset that wish to purchase. This could be a car, equipment, or other type of asset. You will need to determine the value of the asset and ensure that it meets the requirements of the financing provider.

Submit an application

Once you have chosen the asset, you will need to submit an application for hire purchase financing. This will typically involve providing information about your creditworthiness, income, and other relevant financial information.

Agree to terms and make payments

You will need to agree to the terms of the hire purchase financing arrangement. This will typically include the amount of the regular payments, the length of the financing term, and any fees or charges associated with the financing.

Venture Build

Pilon

Learn how Pilon Plus - a cloud-based app - can help your business access reverse supply chain financing to provide significant and strategic cashflow for you.

FAQs

Find Out Our Most Frequently Asked Questions Below

What happens if I cannot repay the loan?

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What is the eligibility criteria for supply chain financing?

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What is Hire Purchase?

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How does this differ from accounts payable financing?

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How long has company been in business?

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How can I contact your company if I have questions ?

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What is company's mission and values for their costumer?

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Where is your company located?

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What financial services does your company offer?

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What's your company's policy on transparency and disclosure?

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Resources

More About Hire Purchase

Discover the Exciting World of Hire Purchase

Testimonial from Nina Ong founder of Flowercharm Ltd
"I had been dreaming of upgrading my car for years, but the thought of taking out a huge loan and being tied down to repayments for years was daunting. That's when I discovered hire purchase financing, and it was a game-changer for me. I was able to get the car I wanted without a huge down payment, and the monthly repayments were manageable and tailored to fit my budget. Plus, at the end of the financing term, I own the car outright! It was such a relief to find a financing option that didn't require me to empty my savings account or commit to a long-term loan. I would definitely recommend hire purchase financing to anyone looking to make a big purchase without breaking the bank."

Nina Ong

Flowercharm Ltd

Ready to Fuel Your Growth Ambitions?

Our team of experienced professionals is ready to work with you to develop a financing solution that supports your growth ambitions and sets you on the path to success.