Dental Equipment Finance: Funding deals to smile about
As dental specialist you need investment to succeed. We can help you find the most appropriate funding for your plans.Speak to one of our experts020 3318 2613
- HP up to 60 months
- Rates from 6%
- Ideal for long-term needs
- Undercut "0% finance" deals from suppliers
- Variety of leasing arrangements
- Rates may reflect your professional status
- No capital requirements
- Competitive rates
- Reduce demand on cashflow
- New and used assets
- Lease any type of asset
- Supports growth
Talk to the Rangewell team – the business finance experts
Your dental practice has many funding needs when it comes to equipment, but not all lenders will be able to help. We know the entire market, and can help you find the most appropriate lenders and the most competitive rates for your dental practice.
At Rangewell we recognise your professional status, and we work harder to find you better solutions - which can include 100% finance for many of your needs.
Dental technology is becoming ever more sophisticated – and the equipment you need for your practice is becoming ever more costly.
The traditional high-cost items, your chairs and drills, are now only the beginning. Dental lasers, digital x-rays and photography combined with 3D modelling, and digital impression systems that replace putty, are all becoming mainstream. Your practice needs to offer them to remain competitive and offer your clients the highest standards of care.
At Rangewell, we work with dental professionals across the UK - and we have found the solutions that can help your practice build a real competitive advantage.
Funding for dental equipment
As a dental practice owner, your professional status may make you eligible for a wide range of finance options. Secured and Unsecured loans may be available for a variety of business purposes. However, at Rangewell we believe that Asset Funding solutions can often provide the most cost-effective solutions to provide the equipment you need.
Asset Finance provides a number of ways to help you spread the cost of the equipment you want for your practice, and includes solutions to let you buy outright or lease items of all kinds. Loans or Leases are secured on the assets or equipment itself, reducing the costs to you and avoiding the need to put up any other assets such as your home as security.
With Hire Purchase, you effectively hire your dental equipment until you’ve paid enough to purchase it.
You’ll normally pay a deposit, plus fixed monthly repayments. When you’ve made all the repayments, your business will own the equipment outright. This can be ideal for durable items that you will want for the long-term.
Leasing gives you flexibility. You can regularly update equipment to ensure you always work with cutting-edge technology - such as laser whitening. In some leasing arrangements, you have the option to own the asset at the end of the term, upgrade it, or simply give it back.
You can also decide whether you want maintenance and insurance to be included and whether you need the item for its whole working life or a shorter, agreed period.
Asset Finance can also provide funding for used dental equipment. It can mean paying even less for the key items you need.
Why you need Rangewell to find finance for your dental equipment
As a dental professional, many lenders will be happy to lend to you. But finding the most competitive deal across the entire market takes time and expertise.
At Rangewell, our expertise works for you. We know the lenders who really understand the profession and who can offer the most competitive rates for all types of finance - including asset finance solutions.
Our solutions can usually undercut the finance deals offered by equipment suppliers - even when they offer 0% finance arrangements - call us to see how.
Call us to build your practice a competitive advantage
Coming to Rangewell means getting an expert team working for you and your practice to find the financial answers you need.
It means we can help you get the equipment that will provide your practice with a competitive advantage.
Our service is personal. We can discuss your objectives and help find answers for your dental practice financing scaled to fit your turnover and your other obligations.
REAL EXAMPLES OF WHAT WE CAN DO
Find the most competitive funding to allow a new practice to equip a new surgery
Help expand your current practice, move to a larger premise or open a second or third site
Source a lease arrangement to allow an established dentist to work with cutting-edge digital x-ray equipment
Find the most competitive finance to allow a new practice to buy used non-invasive equipment and spread the cost with HP
Help a dental professional find funding for new equipment as part of a planned programme of growth
Discover our range of finances
Every type of finance for every type of business
Our goal is very simple - to help businesses find the right type of finance as quickly, transparently and painlessly as possible.
Helping you build your profits
Avoiding capital expenditureThe cost of your equipment can be spread over months or years. With some asset finance solutions, there is no upfront capital expenditure to find.
Funding tailored to your practiceFunding solutions are available for your practice whatever its size, whether yours is a startup or has been established for years.
Repayments that work with your budgetLending is secured on the assets themselves, reducing interest costs and helping your monthly repayments fit your monthly budget.
Reducing riskIf your practice was to become unable to make the payments on equipment funding, the lender could simply repossess the equipment to cover their loss. No other assets are at risk.
Scaled for your needsAsset finance can fund equipment at all levels, from individual items to complete surgeries costing hundreds of thousands of pounds.
Specialist lendersSome asset funding providers specialise in particular sectors. At Rangewell, we can help you find the most appropriate lenders for your dental practice.
Download Rangewell’s free and detailed guide to Business Lending for Dentists
What type of commercial loans are available with practice financing?
What kinds of dental finance are there - including personal goodwill loans, practice financing, hire purchase, leasing, tax efficient borrowing solutions, credit lines and fixed rate equipment finance - from specialist lenders to give you peace of mind on loan products for any purpose.
How can Dental Finance benefit my dental practice?
How can they provide extra funds for you - without reducing funds available for your business?
Why you must find the right lender to cut costs
Is it important to use lenders that are authorised and regulated by the financial conduct authority for business loans?
The downsides of borrowing
What finance options are available for the dental industry for pieces of equipment - can I own equipment outright or is it or is it highly recommended to head down the route of leasing your equipment?
Do Asset Finance solutions incude dental equipment leasing?
What paperwork will you need?
Can terms be as long as 25 years for financing my practice premises?
Can I apply for finance to help with practice cash flow?
Guarantees and security
Is is better to use finance brokers when looking for practice finance?
Key Terms to check
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Borrowing may be a long-term commitment, with ongoing monthly repayments which will affect your cashflow.
If you sell your business, you may need to repay your borrowing.
Lending will be secured on your practice, but you may be personally responsible for repayment with some types of loan.