Refurbishing your dental practice

At Rangewell, we can help you find Refurbishment Finance solutions - or any type of finance you need to grow your dental practice - using our contacts across the entire UK lending industry to provide the most cost-effective answers for your particular needs.

Work with the best dental equipment

Asset Finance can be the most effective way to provide the equipment you want for your dental surgery, from the latest chair and treatment systems to the seating in your waiting room. Asset Finance covers a range of funding solutions:

Hire Purchase

Hire Purchase lets you acquire equipment straight away, with a single deposit payment. It then lets you spread the costs in regular monthly instalments over up to 5 years. At the end of this term, you own the asset outright, making it ideal for items which have a high cost and a relatively long life.

Leasing

Leasing works much like a rental agreement. It lets you use the equipment without having to buy it, with a payment each month to the finance company. For technical equipment which could go out of date, leasing can be ideal, as it can be easy to update when a better model becomes available. Leasing can also include maintenance agreements - meaning that keeping your equipment in perfect condition remains the responsibility of the lender - helping you avoid any unexpected costs.

Both new and used equipment can be funded with Asset Finance solutions.

Borrowing to fund refurbishment

A Business Loan could provide solutions for many types of refurbishment work, from simple redecoration to conversions and constructing extensions.

Secured Loans

Secured Loans can provide a high level of funding, with rates that can be as low as 2% above base rate, and ten or more years to repay. They are secured because they are supported by security, such as your existing premises or your home, that the lender can take and sell if you became unable to make repayments. This reduces the risk to lenders, and allows them to reduce the cost to you. They can have a part to play in expanding your business, and could even be sufficient to acquire smaller premises.

Unsecured Loans

Unsecured Business Loans are a straightforward way of borrowing, and operate much like a personal loan which can be used in any way you wish. They are suitable for smaller sums, up to £250,000, but often far less. The loan is repaid in monthly or quarterly instalments over an agreed term under 5 years. Decisions can be fast, inside a working day with some lenders, but you will need to provide a Personal Guarantee meaning that you will become personally liable for the debt if your business was unable to pay.

The finance you need for your dental surgery

As a professional with your own practice, you may be in a very good position to raise the finance you need when you are ready to consider expansion.

Many lenders will be happy to work with you - but not all will be able to offer the most competitive solutions for your dental practice loan.

At Rangewell, we know lenders that offer the most attractive funding solutions. But we don’t stop there. We will work with you to understand your business plans - from start-up finance for your dental practice to equipment and growth - and use our expertise to help find the funding that meets your needs. We can find the most competitive rates for all types of finance, including Professional Loans, Unsecured and Secured Loans, Asset Finance, Growth Finance and more.

To find out more about simply call us. Our experts are ready to help.