 | Lease purchase is a method of financing a Epos System , normally for vat registered businesses or companies. The monthly rental is determined by the cost of the Epos System, the period and the estimated future value of the Epos System . A payment equivalent to the estimated future value is payable at the end of the contract, when the Epos System becomes the property of the lessee. Maintenance packages are often available, if required. Lease Purchase is a cheaper monthly alternative to Hire Purchase, the traditional method of financing, and is written on a hire purchase agreement with the protections afforded by the consumer credit act.
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