The title sums it up. I was unsure as to the advantages and imnplications (including VAT implications) of contract hire versus hire purchase so I turned to the extremely useful Finance Ireland. This site is extremely useful for anybody looking to better understand and utilise asset finance packages. Here’s the description from the site
Financeirl.ie is the on-line arm of the Finance Company of Ireland group of companies.
We (Financeirl.ie) operate in two complimentary markets – Asset Finance & Mortgages. Our business is completely driven by customer service. We have grown over the past ten years both organically and through acquisition.
Apologies for the plug but it’s a interesting site for small business owners that incur substantial capital equipment costs as part of their normal operations.