Commercial Hire Purchase (CHP) is a commercial finance product where the customer hires the vehicle from the financier for a fixed monthly repayment over a set period of time.
The product is designed to allow customers to save their capital and use it for other investments or lifestyle choices.
Whether you are purchasing a new or a used vehicle, CHP provides you with financial benefits. If you use your vehicle for business purposes, interest charges and depreciation on the vehicle may be tax-deductable.
Commercial Hire Purchase can provide you with;