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Nilanjana Ganguly
Resource Centre / Categories :- Legal Formats  » Property Law
Agreement for Hire-Purchase of Machinery
Nilanjana Ganguly | 01/01/1970

A hire buying agreement would be a replacement for a commercial loan in which the financial rent is paid by the group hiring the equipment. When the hirer pays the final deposit, the financier can continue to own the products. Hire purchasing deals usually have fixed monthly payments.

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