Rangewell

100% finance to buy a second site for your veterinary practice

Growing your business with a branch

Speak to one of our experts020 4525 5312

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Funding options

£

Secured Loans

  • Fast and easy to arrange
  • Rates from 2% above base rate
  • Use for any purpose
  • Flexible repayment terms

Commercial Mortgages

  • From 2% above base rate
  • Up to 25 years terms
  • Interest-only or capital repayment
  • Buy premises or existing business

Asset Finance

  • Provide equipment for your new branch
  • Hire Purchase from 6%
  • Lease with no upfront costs
  • Cover all types of assets

Talk to Rangewell – the business finance experts

Buying new premises to set up a branch practice may be the best way to grow your veterinary practice - but it can demand large-scale investment. At Rangewell, we can use our contacts across the entire UK lending industry to provide the scale of funding you need.

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.

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Are you a vet with a successful practice? Could you be even more successful by opening a branch? At Rangewell, we have some answers.

Table of Contents

Even in a busy area, there may be a limit on the numbers of companion animals brought in to your veterinary surgery. Some animal owners may not have cars, and need to find a surgery close to their homes.

Opening a branch practice might let you help them - and help you grow your business.

By acquiring new premises, or by buying an existing competitor, you may be able to set up a branch serving a new area and bring in new patients.

There will be some significant costs. Finding new premises in a good location with passing trade, transport links and sufficient space could be costly, and the need to have the appropriate planning permission for use as a veterinary surgery may limit your choice.

What’s more, the costs don’t stop with premises costs. You may need to refurbish your new premises and set it up with new equipment. You will also need to find staff, including a qualified junior.

At Rangewell, we can help. We work with vets across the country. We can help you use your status as a professional with an established practice to get up to 100% funding when you want to expand your business.

And we have a number of solutions to offer.

The funding you need to open a second branch for your practice can be arranged in a number of ways.

If you are looking for property, you could take on a long-term lease or, alternatively, you might want to consider a Commercial Mortgage - which would help you acquire a valuable asset for the long-term. Alternatively, you might be able to use business loans with Secured or Unsecured lending.

We can also provide ‘jigsaw’ funding. This is a package of loans, often from various borrowers, which can let you call on the most appropriate, and most cost-effective funding for each aspect of your purchase plans

Setting up the finance you need to grow your veterinary practice

As a veterinary professional with your own practice, you may be in a very good position to raise funding when you are considering expansion. Some providers may even offer 100% finance.

At Rangewell, we have a number of solutions designed for vets, which can cover every cost, from setting up a new practice to your equipment and vehicle needs.

We work with lenders across the entire UK lending market. We know those that may be able to offer the most attractive funding solutions. But we don’t stop there. We will work with you to understand your plans for your practice and use our expertise to help find the funding that meets your needs. We know the lenders who can offer the most competitive rates for your veterinary branch - for all types of finance.

Simply call us about funding options for veterinary professionals. Our experts are ready to help.

REAL EXAMPLES OF WHAT WE CAN DO

  • Help arrange a 100% for a vet with an ambitious expansion plan

  • Find a lender to provide a Commercial Mortgage to acquire premises

  • Help arrange Asset Finance to equip a consulting room

  • Help arrange jigsaw funding for an ambitious expansion programme

  • Find the most effective source of funding to allow a vet to take on a junior

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

  • Funding tailored to your needs
    Funding can be drawn together from several sources and tailored to your needs.
  • Funding that recognises your status
    As a professional practice owner, you may be able to enjoy preferential rates for borrowing.
  • No need for extra security with Goodwill Loans
    Goodwill Loans are secured on the future performance of your veterinary practice - so you don’t need to put your assets or possessions at risk.
  • Ensuring you have the equipment you need
    Asset Finance can help you ensure you can equip your new practice to the standards you want, and spread the cost.
  • Early repayment options
    Some loan providers will accept early repayments, reducing the total cost of your borrowing.
  • Cutting borrowing costs
    At Rangewell we search the entire UK lending market to find the most appropriate solutions for your funding needs, helping you reduce the costs of your expansion plans.

Download Rangewell’s free and detailed guide to business lending for Veterinary Practices

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Every type of finance for every type of business from the entire market - over 300 lenders.

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