Upgrading and Refurbishing Your Pharmacy
Improve your productivity and kerb appealSpeak to one of our experts020 4525 5312
- 1 to 60 months
- Borrow up to £250,000
- Rates from 4.9%
- Straightforward monthly repayments
- Fixed repayments
- Flexible repayment terms
- Rates from 2% above base rate
- Larger sums available
- Provide equipment
- Hire Purchase from 6%
- Lease with no upfront costs
- Cover all types of assets
A pharmacist's dispensing room and shop must be clean, stylish and well-equipped. We can find the most cost-effective way to fund refurbishment and re-equipping
Table of Contents
As a dispensing chemist, you know that presenting fresh, clean and attractive surroundings for your customers, along with bringing in the latest equipment, can be a major expense for your practice - but it can be essential to ensure those customers don’t go elsewhere. 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.
Work with the best equipment
Your dispensing area must have the latest technical equipment, your sales area needs stylish contemporary displays and lighting.
Asset Finance can be the most effective way to provide the equipment you need. Asset Finance covers a range of funding solutions, including:
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, after which you own the asset outright, making it ideal for items which have a high cost and a relatively long life.
Leasing works much like a rental agreement and lets you hire the equipment without having to buy it. Leasing can be ideal for technical equipment, as it 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 a refurbishment
A business loan could provide solutions for many types of refurbishment work, from simple redecoration to conversions and extensions, increasing your display floor space or providing facilities for additional practitioners. Both Secured and Unsecured business loans could provide cost-effective solutions.
“My chemist's shop was frankly tired when I took it over. The previous owner had not spent money on anything for years. It had a good location, but the old-fashioned layout and worn-out shopfront were putting people off.
A new shopfront and retail area were priorities, but new displays, lighting, flooring and building work added up to a sizeable investment.
Rangewell had the solutions. They know the pressure a retail chemist faces, and have the answers to them.”
The finance you need for your practice
As a professional with your own practice and shop, you may be in a very good position to raise the finance you need.
At Rangewell, we know lenders that offer the most attractive funding solutions. We will work with you to understand your business plans 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, Invoice Finance, Asset Finance, Merchant Cash Advance, Commercial Mortgages, Growth Finance and more.
To find out more about simply call us. Our experts are ready to help.
REAL EXAMPLES OF WHAT WE CAN DO
Find a lender to provide funding to update premises
Help arrange Asset Finance to re-equip a major retail area
Help arrange a Secured Loan to extend premises
Find the most effective source of funding to allow a pharmacist to overhaul her entire property
Last update: 21 November 2022
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?
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