Any options are good ways to finance your assets. However, the one you choose depends on what suits your business needs. With a CHP, the Hirer pays the cost of the equipment in different instalments over a period of time and has the right to terminate the agreement anytime before taking the title/ownership of the asset upon the final instalment. The Hirer claims the depreciation on the asset as an expense. In an Operating and Finance Lease, the lessee does not have the option to purchase the asset. However, the business gains the benefits of utilising the asset, and lease payments are shown as an expense and are not recorded on the balance sheet. In addition, repair and maintenance are covered under an Operating Lease and is the responsibility of the lessee with a Finance Lease.