Commercial Hire Purchase
For vehicle & equipment finance.
What is Commercial Hire Purchase?
Commercial Hire Purchase (CHP) is a form of commercial finance used to acquire vehicles, plant and equipment. The financier purchases the asset and hires it to your business for the term of the agreement, while you take on the obligations and benefits of using it.
Once your repayments — and any final payment — have been met, ownership of the asset transfers to your business.
GST-registered customers may be entitled to tax deductions and GST credits in connection with a Commercial Hire Purchase agreement. This is general information only — we recommend confirming how it applies to your business with your accountant.
How it works
A simple, three-step process from selection to settlement.
Choose your vehicle
Pick the vehicle your business needs, with national fleet pricing passed on to you.
We arrange the finance
We handle the paperwork and coordinate delivery, so settlement is straightforward.
Hire, then own
Use the vehicle for the term of the agreement, then take ownership once the final payment is made.
Finance benefits
Commercial Hire Purchase is built around predictable costs and flexibility for your business.
For Commercial Hire Purchase Information
Speak with the Endeavour Fleet team about financing your next vehicle or piece of equipment.
Explore related services
Commercial Hire Purchase pairs naturally with the right ongoing fleet strategy.