Refurbishing your veterinary practice

Tired surroundings, worn carpets and outdated equipment does not reflect well on your veterinary practice. Providing fresh, modern surroundings for your patients and bringing in the latest equipment can be a major expense - but it can be essential to send the message you want to pet owners. At Rangewell, we can help you find solutions for refurbishment, using our contacts across the entire UK lending industry to provide the most cost-effective answers for your particular needs.

“Like most people in the profession, I was motivated by a love of animals, but you can’t afford to forget that even if being a vet is a calling, it has to be a business as well.

You can’t expect people to bring in companion animals to a surgery that looks anything less than professional - because they will make an assessment of the standards of care that you provide based on the surroundings you provide them in.

My practice was suffering because I could not afford to give it a modern, clinical appearance. These days, you need to look more like a hospital to give people the confidence that you can offer the latest treatments.

I needed some new equipment - but the look of my exterior and my waiting room was almost more important. You have to ask yourself, is this the sort of surroundings I would expect from my doctor, and if the answer is no, it time to make some changes.

In my case, those changes involved a professional redesign. A new reception desk, new lighting, seating, flooring - and even a little building work to provide a little more space. Cramming a room full of canines, felines and rodents is a recipe for trouble. It meant that I needed to spend £70,000 to do things properly, and that was before I could look at some new instruments for my surgery.

I certainly didn’t have the money from monthly income, but fortunately Rangewell had the solutions I needed to spread the costs.”

Borrowing to fund refurbishment

A business loan could provide solutions for many types of refurbishment work, from simple redecoration to major conversions and the construction of extensions. Secured Loans can provide the high level of funding you need, with rates that can be as low as 2% above base rate, and with ten or more years to repay. Unsecured business loans, on the other hand, may be suitable for smaller sums, up to £250,000 with repayment terms usually under 5 years.  

If you need new equipment as part of your refurbishment plans, Asset Finance can also step in to help you spread these costs.

The finance you need for your veterinary surgery

As a veterinary professional with your own practice you may be in a very good position to raise the finance you need. Lenders will be happy to work with you.

However, to get the most competitive solutions for your needs, you may require some help. At Rangewell, we know the lenders that can offer the most attractive funding solutions to professionals in the veterinary sector, from Start-up Finance for your veterinary practice to growth and Goodwill Loans. To find out more about simply call us. Our experts are ready to help.