Medical & Laboratory Equipment Finance

New technologies are making more things possible in your lab. Embracing automation and robotics are key to increasing your throughput, efficiency, accuracy and profitability.

But it means that your traditional equipment can no longer answer all the demands you place on it.

Funding the ever-changing needs of your laboratory

Of course, this new equipment means new costs for your laboratory. Buying state of the art equipment is not only costly, it runs the risk of being locked into technology that will probably become obsolete in a surprisingly short time.

At Rangewell, we believe that Asset Finance provides the most cost-effective ways to provide cutting-edge lab equipment - and let you update your lab whenever new technologies come along.

Asset Finance includes solutions to let you buy outright or lease items of all kinds. Loans or Leases are secured on the asset or equipment itself, reducing the costs to you and avoiding the need to put up any other assets such as your home as security.

Hire Purchase

With Hire Purchase, you effectively hire the equipment that you use until you’ve paid enough to purchase it.

You’ll normally pay a deposit, plus fixed monthly repayments, which can last for up to 60 months. When you’ve made all the repayments, your lab will own the equipment outright. This can be ideal for durable items that will not go out of date, and which you will want for the long-term.

Lease Finance

Leasing gives you flexibility. You can regularly update equipment to ensure you always work with cutting edge technology. 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.

With leasing, you may never own the equipment, which means you need never be held back by outdated techniques, or have valuable space taken up in your lab by instruments you no longer need.

Why you need Rangewell to find finance for your lab

Finding the most competitive Asset Finance deals across the entire market takes time and expertise.

At Rangewell, we have the expertise ready to work for you. We know the lenders who really understand the scientific sector and who can offer the most competitive rates for all types of finance  - including asset finance solutions.

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.

Call us to build your practice a competitive advantage

Coming to Rangewell means getting an expert team working to find you the most competitive deals on the equipment you need - helping ensure you can have the systems and instruments you need to give your lab a competitive advantage.

If the equipment you need is highly specialised and even if it needs to be custom built, we can help find cost-effective solutions.

Our service is personal. Call our experts to discuss your objectives. We will work with you to find the answers scaled to fit your lab operations.