This split does not reflect any hard and fast rules and quotes for both options should be obtained. The HP/Lease Calculator can then be used to assess which is best for your own particular circumstances.
In addition to the two forms of asset finance are two forms of delivery, direct and vendor.

Direct asset finance is when finance is arranged independently of the asset supplier.

Banks, specialist financiers and a wide range of brokers all offer direct HP and Lease agreements. Web links to these organisations can also be found on this site.

Vendor finance is offered as an alternative, to “cash sale”, by the supplier. There are circumstances and asset types particularly suited to this type of finance. The vendor finance module highlights these circumstances by assessing the relative features of the direct and vendor approach. It does not however assess the relative costs and a quote for direct finance is a useful benchmark for assessing the cost/benefits of the vendor approach.