Equipment Finance for Chiropractors

You can’t cut corners on equipment for your chiropractic clinic. The treatment you give, your patients' conditions and your professional reputation may all depend on it.

Whether or not you have the cash to invest, a wide range of equipment will be essential for you to run your business, including:

• Lighting
• Posture benches and chairs
• Ultrasound equipment
• Equipment sterilizers
• IT equipment – from handheld devices to a centralised booking and billing system
• Vehicles - a car to help you provide a mobile service

Asset Funding for Chiropractors

Asset Funding can provide the most cost-effective solutions for most kinds of equipment. At Rangewell, we help chiropractors like you across the country use Asset Finance solutions to get the equipment they need, from chiropractic diagnostic tools such as inclinometers and goniometers to electrotherapy and ultrasound machines. We help them equip their treatment room, office or anywhere else in their practice - and spread the cost.

Asset Finance is a broad term that covers a range of funding solutions.

Hire Purchase

Hire Purchase lets you acquire an asset right away and spread the costs in instalments over an agreed time, often up to 5 years or more. At the end of this term, you own the asset outright. Hire Purchase is often used for items which have a high cost and a relatively long life. A bench or inclinometer you will use for years might be ideal for Hire Purchase.

Leasing

Leasing works much like a rental agreement and lets you use the equipment you need without having to buy it outright. You pay the finance company each month for using the asset. If you are using a delicate piece of equipment which could go out of date - such as a portable ultrasound - a leasing agreement can be ideal, as it can be easy to update it when a better model becomes available. Leasing can also include maintenance agreements.

New or secondhand?

New equipment may be ideal, but refurbished equipment can also be a good investment when cash is short. We can help you cut costs with pre-owned equipment – then cut them again with Asset Finance

Don't chiropractic equipment suppliers provide finance?

Yes. Most chiropractic equipment suppliers will offer Asset Finance arrangements. They may even offer 0% finance to close the sale. It looks as cheap as buying with cash - but there is a catch.

With a 0% deal, the dealer effectively pays the interest on the finance - but they will recover the cost from you with an inflated sale price.

As specialists in funding, we can usually undercut the finance deals offered by equipment suppliers - even when they offer 0% finance arrangements - call us to see how.

Let Rangewell get the equipment finance your chiropractic clinic needs

Asset Finance can let you spread the cost of all kinds of equipment, but there are many different types of Asset Finance and many different providers. Not all providers work in every sector, and terms and rates can vary widely.

At Rangewell, our team includes funding experts who work with chiropractors. They can help you find the right kind of finance arrangement - from equipment finance to refurbishing a chiropractic clinic - the lenders who work in your sector, and the most competitive deals, often with solutions that undercut 0% finance offers provided by vehicle and equipment dealers.