Apply for Hire Purchase today
Find out how much your monthly repayments would be for assets up to £150,000 and get a credit decision within 4 minutes.
How to apply:
- Get started by logging on securely through your mobile browser to your internet banking account.
- You will need your card reader to log on just like you would on a desktop browser.
- Select ‘Asset Finance’ from our menu to access our digital Hire Purchase application.
Keep in mind:
- The asset must be for use in your business
- Your turnover must be more than £100,000 per annum
- You must have been trading for a minimum of 24 months and be UK-based
- We may have to carry out credit searches on you and your business
The Hire Purchase process:
If you would like to borrow more than £150,000, finance more than one asset type or would like a variable rate finance, please complete our enquiry form and a specialist will contact you to discuss your needs.
*Subject to normal VAT rules.
Lloyds Bank plc, Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England & Wales no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278.
Lloyds UDT Leasing Limited, Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England & Wales no. 665240.
Lloyds Bank Asset Finance, part of Lloyds Banking Group, is a member of the Finance & Leasing Association (FLA) and complies with the FLA Business Code of Practice. Lloyds Banking Group is a member of the Lending Standards Board (LSB) and complies with the LSB Standards of Lending Practice for Business Customers (Asset Finance). Further information is available from the FLA at www.fla.org.uk and from the LSB at www.lendingstandardsboard.org.uk.
We are covered by the Financial Ombudsman Service (FOS). Please note that due to FOS eligibility criteria not all business customers will be covered.
The provision of credit or leasing services by us is subject to you meeting our credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.