ORIX Leasing Singapore Limited

Hire Purchase

 

Spread out payments over time with Hire Purchase arrangements that reduce your upfront costs while allowing you to enjoy the use and ownership of the asset.

Under Hire Purchase, the Hirer can make payments for the equipment on a regular installment basis over a fixed repayment term. This allows the Hirer to better manage their cash flows as the equipment is paid off in tandem with the productive use of the equipment. The Hirer takes ownership of the equipment at the end of the repayment term.

At a Glance

• Financing of up to 90% of the asset value.
• Goods and Services Tax (GST) is charged upfront on cash price of asset.
• Title of asset is transferred to Hirer upon full payment.
• Applicable to most fixed assets.

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