Jigsaw Finance for Pharmacists
- Hire Purchase
- Spread cost over 5 years
- Acquire equipment with no upfront costs
- Unsecured lending over 6-60 months from 6%
- Secured lending from 2% over base rate
- Repayment tailored to your needs
- Property Finance
- Merchant Cash Advances
- Goodwill Funding
- Tax Funding
- Cash Advances
There are many types of business funding - but no single type of funding can provide the ideal answer to all the funding needs of your pharmaceutical practice
The answer can be 'Jigsaw' Funding - a package made up of various types of finance and tailored to your specific needs.
Opening a chemist shop will demand equipment, premises and stock, and operating it will need working capital. You will also be faced with another set of financial demands if you want to expand the business.
No single funding type can provide the most cost-effective answer to them all.
At Rangewell, we may be able to provide the solutions you are looking for with 'Jigsaw' Funding. 'Jigsaw' Funding is a bespoke funding package designed around your needs as a pharmacist and made up of the most appropriate type of finance for each purpose. It can be challenging to set up - you may need each type of finance from a different lender - unless you come to Rangewell.
Because we work with all types of finance providers from across the entire UK lending market, we can easily select the most appropriate types of finance for your needs, and use our unique online tool to find the provider offering the most competitive rate. You tell us the challenge - we’ll help create a 'Jigsaw' Funding package to meet it.
REAL EXAMPLES OF WHAT WE CAN DO
Find 'Jigsaw' Finance for a pharmacy start-up, with individual funding for premises, equipment and working finance for the first year
Provide 'Jigsaw' Funding to let a pharmacist lease a unit in a new retail development
Find 'Jigsaw' Funding to let a pharmacy professional lease and equip rooms in a new health centre
Create a 'Jigsaw' Finance package to let a successful pharmacist set up a branch practice
How we help you capitalise your pharmacy with 'Jigsaw' Finance
When you call Rangewell, we will assign an expert business finance advisor who will provide a personal answer to your needs.
He or she will work with you to understand the challenges your pharmacy faces. Then they will draw up a solution which uses the most appropriate funding for each aspect of your needs from our unique combination of personal contacts and search technology to find finance providers who can offer your business the funds it needs.
“I thought that running a high street chemist would be simple - but you are not just running a pharmacy, you are running a business as well. You need to buy in stock, you need to display it properly and you are up against the big chains. I had bought a business with a shop that was small and cramped and looking dowdy. Customers were going to my competitors.
I realised if I was going to stay in business, I needed to expand the display area, bring in new lighting and displays and create a new shopfront. But I had already borrowed heavily and I didn’t see how I could borrow any more. Rangewell knew the answers. They showed me how with a 'Jigsaw' Funding package I could have the most effective type of finance for each of my plans, making it affordable. They sorted out funding from different lenders, and then put it all into a single package with repayments that I could afford.
It was tight to start with - but I soon had a bigger and brighter new shop that was bringing in customers, and a business with a future ahead of it.”
Jigsaw funding packages for pharmacists can include:
- Asset Finance
- Hire Purchase
- Vehicle Finance
- Commercial Mortgages
- Secured and Unsecured lending
- Merchant Cash Advance
- Working Capital Finance
- Revolving Credit Facilities
- Invoice Finance
- Merchant Cash Advance
- Goodwill Loans
To find out more about 'Jigsaw' Funding for your chemist shop, simply call and talk to our pharmacy funding experts.
Helping you build your profits
Tailored to your pharmacyWe can help set up 'Jigsaw' Funding to fit your pharmacy and work with you to find the most appropriate solutions for it.
Starting upStarting a pharmacy business means many different costs. We can find the most appropriate funding for each one.
Supporting growthGrowth plans can involve a wide range of expenses. ‘Jigsaw’ Funding can help you find the most appropriate solution for them all.
Any scale of pharmacy businessWe can provide ‘Jigsaw’ Funding solutions, whether you are starting a small pharmacy, or buying into a larger one.
Cost-effectiveWe can work with you to find the most cost-effective solutions for your pharmacy's needs, whatever stage or scale.
Fixed repaymentsWhen you need to keep your outgoings under control, we can arrange ‘Jigsaw’ Funding with a single, predictable payment to fit your budget.
Download Rangewell’s free and detailed guide to Finance for Pharmacists
What types of finance are there - which do you need?
Why not all providers are equal - finding the one that’s right for you
How we can provide an additional income stream
The downsides to finance - and how to avoid them
Do I need to use a lender who is authorised and regulated by the financial conduct authority?
What different finance packages are available for cash flow, a pharmacy purchase or partner buy-in/out?
How to arrange finance - what paperwork do you need?
Do lenders look at pharmacies' finances when making a lending decision?
Key terms explained
Find out your finance options for all your needs
Getting the right funding arrangement is essentialThere are many forms of business finance available. Getting the most appropriate type for the business needs of your pharmacy is essential to avoid excessive costs
Your key equipment could be at riskIf you are unable to keep up repayments on a hire purchase or lease agreement, the equipment your practice depends on could be could be at risk.
Long-term financial commitmentsYou may not be able to pull out of a finance arrangement once set up.
Our service is...
ImpartialTransparent and independent, treating all lenders equally, finding the best deals.
In-depthEvery type of finance for every type of business from the entire market - over 300 lenders.
In-personSpecialist Finance Experts support you every step of the way.
FreeWe make no charge of any kind when we help you find the loan you need.