Installment plan for businesses

Hoovi installment payment for businesses works similarly to popular installment solutions used by private consumers, but is designed 100% for companies. The contract is concluded directly with the company, and monthly payments are made by the company itself—not by a board member as a private individual. The purchased goods become the property of the company immediately at the time of purchase and can be recorded on the company’s balance sheet.

• Completing a purchase takes only a few minutes.
• The company can regularly apply for an increase in its credit limit and a reduction in interest rate.
• VAT on the purchased goods can be deducted as input VAT already in the month of purchase.
• Early repayment of the installment plan is possible at no additional cost.
• Option to start repayments only after 90 days.
• The first payment is due only in the following month.

Terms:

• Amount: €100 – €20,000
• Period: 2 – 60 months
• Interest rate: from 1% per month
• Down payment: €0
• Contract fee: €0

The financial service provider is Hoovi Rental OÜ (Laeva 2A, 10151 Tallinn, www.hoovi.ee)..
If needed, please contact Hoovi customer support – support@hoovi.ee, tel 5191 9192.