WebJan 7, 2024 · In hire purchase, the lender purchases the asset on behalf of the borrower. The borrower will make payments to the lender to pay off the asset over time. At such time, the asset is owned by the lender until the loan is paid off. Once the final payment is made, the borrower will be given the option to purchase the asset at a nominal rate. 2. WebMar 3, 2005 · The Financial Management Group (FMG) delivers finance, tax, and treasury services to all of Macquarie as well as handling corporate communications and investor relations.
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