27/08/2026
Not sure whether to lease or buy on Hire Purchase? 👀
Both let you spread the cost of machinery instead of paying it all upfront, but they work differently:
👉 Leasing: use the equipment over an agreed period, with the flexibility to upgrade, return, or continue afterwards. No commitment to ownership.
👉 Hire Purchase: pay over time and own the equipment outright once the agreement ends. You are building toward ownership from the start.
Neither is better than the other, it depends on what suits your business, your cash flow, and how you plan to use the equipment.
Not sure which fits? Talk to us and we'll help you work it out.
👉 finorfinance.ie
📩 [email protected]
📱 056 770 6551
SME Finance & Leasing Solutions DAC trading as Finór Finance is regulated by the Central Bank of Ireland.