Equipment Finance for Pharmacists
Helping you equip your businessSpeak to one of our experts020 4525 5312
- Terms from 6 to 72 months
- No Maximum value
- Annual rates from 6%
- We can almost always undercut so called "0% finance" deals from suppliers
Leasing and Contract Hire
- Reduce monthly outgoings
- Adverse Credit – no problem
- Assets generate cash - paying for themselves
- No cash upfront
- Funds for any type of equipment
- Up to 100% funding
- Lease any type of asset
- New or used equipment
Talk to Rangewell – the business finance experts
At Rangewell, we use our contacts across the entire UK lending industry to provide funding that brings you the equipment you need - and costs you less.
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.
Your pharmacy depends on a great deal of equipment to bring in customers.
The pharmaceutical profession is highly competitive. There are chemists shops on every high street. Many are part of large chains or franchises. If you are working as an independent, you will need to find ways to provide the same level of equipment as they do.
Whether you are starting up or ready to move your current business on, a wide range of equipment will be essential, including:
- Pharmacy equipment - balance, measures, drug safes
- Security equipment - alarms, shutters and CCTV
- Shop equipment - displays, lighting and POS
- Vehicles - a car to help provide a mobile service
At Rangewell we have found that Asset Finance can provide the most cost-effective solutions for most kinds of equipment. Asset Finance covers a range of funding that provides all kinds of assets - pharmacy equipment, vehicles, and even straightforward items such as sales displays and racking - without making impossible demands on your cash flow.
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. Leasing can also include maintenance agreements - meaning that keeping your equipment in perfect condition is the responsibility of the lender. It can be the ideal solution for delicate equipment such as your dispensary scales.
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 drug safe which you will use for years might be ideal for Hire Purchase.
New or secondhand?
New equipment may be ideal, but refurbished equipment can also be a good investment for the future of your business. We can help you cut costs with pre-owned equipment – then cut them again with Asset Finance.
Can a pharmacy equipment supplier provide finance?
Pharmacy equipment suppliers will provide their own Asset Finance arrangements, and may even offer 0% finance to close the sale. With a 0% deal, the dealer pays the funding company the cost of the interest which they would otherwise take from you. You won’t pay the interest, but the supplier will build the interest cost into his sale price.
Why you need help from Rangewell for pharmacy equipment finance
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 specialists in the pharmacy sector and we can help with a wide range of finance for pharmacists, including specialist products such as Jigsaw Finance for pharmacists and Tax Loans for pharmacists.
Visit our Pharmacists' Directory to access support for your business, including pharmacy equipment suppliers to specialist professional services. Call us to get the answers your chemist or pharmacy business needs.
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
Reduce or eliminate capital costsSome types of funding remove the need for upfront capital expenditure altogether.
Repayments that work with your operating budgetAsset Finance is secured on the assets themselves, reducing costs and helping your repayments fit your budget.
Funding scaled to your needsWe can help you fund equipment at all levels, from individual items to shop contents.
Reducing your riskAsset Funding is secured on the assets themselves. If repayments became a problem, the lender could simply repossess the equipment.
Lease cutting edge equipmentLeasing that will let you update your equipment whenever you need to. It means you can always work with the latest, most efficient technology.
Cutting costs with specialist lendersSome lenders specialise in particular business sectors. At Rangewell, we can help you find these specialist lenders, helping you cut costs and simplifying applications.
Download Rangewell’s free and detailed guide to Equipment Finance for Pharmacists
How does Equipment Finance work?
What are the options?
How can you apply?
What are the costs?
What are the restrictions?
The paperwork you need to provide with your application
Key terms to check