LHV hire-purchase is affordable
You can pay for the goods or services in installments, both in e-shops and on-site stores. Choose a suitable vendor to buy from and see our best offers.
- You will receive a response to your application within a few minutes
- Credit amount from 50 € to 15 000 €
- Down-payment from 0 euros
- Monthly instalment from 1 euro
- There is no monthly administration fee
- Premature payment free of charge
You do not need to have an account with LHV to apply for a Consumer Loan.
We want to make it easier for you to make energy-efficient choices by offering you a more favourable interest rate compared to regular hire-purchase.
Interest of 4.9% on the outstanding loan balance for the purchase of solar panels.
Partners: Solarstone Energy, Sigma Systems, E-Service, E-Systems, Naps Solar, Roofit.solar, Solar4you, Ikigai Solar, SunStyle, Energiapartner, Eesti PäikeseVägi, Toode Solar, Energogen, Bestair, Nord Solar.
Interest of 9.9% on the outstanding loan balance for the purchase of energy-efficient devices.
Partners: VS Kliima, E-BikeStore, Bestair, KliimaMarket, Priima Soojuspumbad, Electra, Voltride, AIT-Nord, Mugavküte, Samtec, Viru Kliima, Soojuskeskus, Kliima Express, Maasoojus.ee, Maaküte, Prokliima, EnergiaStuudio, Tõuksimaailm, Elektriautolaadija.shop, Energiapada, Vonk, Sunsystems, Kliimakaubamaja and Kodukliima.
Calculate the monthly instalment
The results are estimated and may differ from the terms and conditions offered to you.
After submitting the application, it will take us a few moments to calculate the hire-purchase limit that will be available to you for the next 90 days.
Select place of purchase and product/service
View the vendors and best offers.
You can conclude one or, if you wish, also several hire-purchase contracts.
Conclude the agreement
Let the vendor know that you want to use LHV hire-purchase for a product or a service and sign the agreement at the vendor’s location.
50 € to 15 000 €
From 15.9% per year on the outstanding loan balance. LHV calculates the interest on the outstanding loan balance, not the whole loan sum. This means that the interest payments will decrease monthly as your loan balance decreases.
From 9.90 €
|Length of the agreement|
Credit amount up to 7 500 € – 3 months to 4 years
|Amendment of agreement|
The fee for amending an agreement is 25 €. The premature payment of the whole credit sum is free of charge for a private person. Please let us know if you want to amend your agreement at firstname.lastname@example.org.
|The premature payment|
The premature payment of the whole credit sum is free of charge.
Monthly payments are to be paid to the account EE707700771001062897; with the recipient being AS LHV Finance reference number: your agreement number.
The hire-purchase service is offered by AS LHV Finance. Review the terms and conditions at the vendor or the address lhv.ee/en/hire-purchase and consult our expert. The monthly hire-purchase payment is 37,91 € and the annual percentage rate of charge is 25,59% on the following sample terms and conditions: cost of the product/service 700 €, down-payment 0%, credit amount 700 €, annual interest rate of 19,9% on the outstanding balance (fixed), contract fee 19,9 €, hire-purchase period of 23 months, with monthly annuity payments, in the total sum of 871,93 € and the total sum of monthly payments being 871,93 €.
Loan insurance is offered by AS LHV Kindlustus. Review the terms and conditions of insurance, along with the limitations and exemptions, and consult our expert. The monthly hire-purchase payment with insurance is 40,86 € and the annual percentage rate of charge is 36,28% on the following sample terms and conditions: cost of the product/service 700 €, down-payment 0%, credit amount 700 €, annual interest rate of 19,9% on the outstanding balance (fixed), monthly fee of 2,95 €, contract fee 19,90 €, hire-purchase period of 23 months, with monthly annuity payments, in the total sum of 939,78 € and the total sum of monthly payments being 939,78 €.
Documents and additional information
- Hire-purchase price list
- Application for the amendment of an agreement
- Application for the withdrawal from an agreement
- General terms and conditions of the Hire-purchase
- Loan Insurance Terms and Conditions
- Loan Insurance Terms and Conditions (Effective until March 31, 2021)
- Loan Insurance Terms and Conditions (Effective until May 20, 2020)
Frequently asked questions
- What should I do, if I want to use the hire-purchase option for buying goods or services?
- In what case do I have to submit my account statement and how?
- How can I conclude an LHV hire-purchase contract?
- I would like my monthly hire-purchase instalment to be debited to my bank account automatically. What do I have to do for this?
You can make your hire-purchase more secure by adding insurance to your contract. Loan insurance ensures that you will not find yourself in trouble with hire-purchase instalments in the event of unforeseen circumstances. Read the terms and conditions of loan insurance.
- becoming unemployed for reasons beyond the insured person’s control;
- temporary incapacity for work, i.e., a certificate of incapacity for work valid for over 30 days;
- permanent incapacity for work, i.e., a certificate of incapacity for work valid for over 30 days;
- death, i.e., any loan liability does not have to be met by your successors.
In case of an insured event, notify client support at LHV Finance as soon as possible. Client support will notify the loss adjuster, who will contact you with further instructions.
In the case of a contract with insurance, an additional monthly fee will be added, which is 8% of your hire-purchase instalment (principal + interest). For example, if you take out a hire-purchase in the amount of EUR 500 for two years, only about EUR 2 will be added to your monthly instalment.
If you cannot find a suitable choice in the list, please recommend a new cooperation to us.
Thank you! We will send you information about your submission if you entered your e-mail.
Become a partner
We want to be a reliable and sustainable financial service provider for your business. Hire-purchase cooperation aims at reciprocal communication and mutual sales.
For our part, we will market your business to LHV clients, train your staff and help you put up marketing materials in your shop and e-store. We expect your company to actively offer hire-purchase to your clients and to conclude hire-purchase contracts every month.
It is worth offering the hire-purchase option to your clients if the average purchase amount of products or services is at least EUR 200. Long-term cooperation requires at least EUR 10,000 in sales volume per year.
Why choose LHV hire-purchase as your partner?
We are a financial partner that is easy to do business with. We provide your clients with a competitive interest rate and keep the terms and conditions transparent. This way, your client will receive the best service.
- Simple operations
- Quick decisions
- Convenient solutions for both stores and e-shops
- No cost to you in becoming a partner
- Excellent after-sales service for your clients
Getting started is fast and convenient
Regardless of whether you sell products or services, meet with clients face-to-face or virtually in an online environment – offering the option to pay by instalments (hire-purchase) means more successful purchases for your company.
- Contact us.
- Enter into a cooperation agreement.
- Start offering LHV hire-purchase in your store and/or e-shop.
- Grow your company’s sales.
Easily integrated with your e-shop
Thanks to free payment modules and an API interface designed for special solutions, you can easily add a hire-purchase option to the shopping cart in your e-shop. In addition, our technical support will assist you every step of the way.
- API documentation
Call 699 9119 Mon-Fri 9–17 or write to email@example.com