Funding for vets
Finance to help you set up, buy and operate your veterinary practice
- Get any veterinary equipment Spread the cost
- Use the latest technology Portable X-ray - ultrasound and more with no deposit finance
- Release cash tied up in equipment With asset refinance
- Buy or lease Vehicles - medical systems - IT - any veterinary business equipment
- Buy veterinary premises With no upfront cost
- Veterinary funding With jigsaw funding solutions
- Buy your competitors Expand your veterinary practice
- Buy your specialised vehicles With no upfront investment
- Release wealth from your practice With no impact on cashflow
- Secure funds for any purpose Investment - business development - lifestyle
- Get £50,000 - £500,000 At short notice
- Preferential rates Making borrowing affordable
Every veterinary practice is also a business, and every business needs financial support to grow and thrive.
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.
Funding for veterinary equipment
Setting up in practice or ready to update, being able to call on the latest technology is essential to deliver the quality of care you want. But - from digital X-ray to portable ultrasound - the latest equipment will mean a major investment. At Rangewell we have found that Asset Funding can provide the most cost-effective solutions when you need equipment:
When you want equipment that will go on giving service for years, Hire Purchase can provide an answer.
If you want to use the latest technology without the cost of owning the equipment, leasing will give you the freedom and flexibility you need.
New or used?
Good quality used equipment may be a sound investment. If you are setting up a new practice. Buying used and refurbished veterinary equipment may mean cost savings - and contrary to what you might expect, you don’t need to pay cash.
At Rangewell we can help you spread the cost of used, as well as new, equipment with Asset Finance. This can provide solutions not just for your clinical equipment, but for any item you use in your practice, including vehicles.
Funding to buy a Veterinary Practice
If you want to buy an existing practice it will require a substantial investment. It may be possible to arrange a straightforward business loan. Unsecured Loans are ideal for smaller sums. Secured Loans may be used to borrow upwards of £250,000, and so may be more suitable for the costs involved in buying a practice.
If you are thinking of buying into a large practice, you may need to do so as a partner - or buy out a partner who may be retiring. Buy in and Buy Out finance recognises the challenges and provides funding tailored to help you make full use of the opportunity.
Find out more here.
Buying a veterinary franchise
A veterinary franchise could provide valuable publicity and support for your practice, but it will mean a substantial initial fee and ongoing costs. Conventional business lenders, such as banks, may not be able to help, as your business is technically a start-up, lacking a business history.
A Franchise Loan package may provide the solution.
Funding to buy your practice premises
You may need premises for your practice with waiting room, consulting rooms and kennels. You may need to borrow for the deposit on a long-term lease. However, you might actually reduce your monthly outgoings if you buy a suitable property with a Commercial Mortgage.
Commercial Property Finance is arranged on an individual basis. Find out more here.
Funding to refurbish veterinary premises
You need to present a fresh, clinical and modern interior to bring in customers. Find out more about finance for refurbishment.
Funding your plans with a Veterinary Practice Loan
A Practice Loan recognises your status as the owner of a veterinary practice. It can provide a relatively high level of funding at a preferential rate of interest, which you may use for any business purpose.
Contact us to find out more.
Tax loans for Veterinary Practices
A Tax Loan arrangement can help you to spread the cost of quarterly VAT and annual tax demands by paying them off with regular monthly payments, helping smooth your cashflow. See how you can find solutions to help you with your tax bills.
Working Capital Finance for your Veterinary Practice
Working Capital Finance is designed to give you additional working capital. It can be an important advantage during the early stages of a new practice, giving you the cash you need to pay staff and suppliers. It is designed to be repaid in the short- to medium-term.
Our finance experts can help solve your working capital needs. Find out more here.
Growth Finance for Veterinary Professionals
Large-scale finance can let you realise major plans such as acquiring a competitor. Growth Finance is a special type of funding designed to let you fund your plans.
Get our help finding the most competitive lending for your practice.
REAL EXAMPLES OF WHAT WE CAN DO
Help arrange jigsaw funding for a vet to let her buy into an existing practice
Find a lender to provide the most competitive commercial mortgage to acquire premises
Help set up a 100% funding plan to allow a newly qualified vet to set up a practice
Help arrange funding for a veterinary partnership’s expansion
Find the most effective source of funding to allow a vet to take on a new partner
Jigsaw funding for your Veterinary Practice
Major projects, such as buying a practice may require funding from more than one source. At Rangewell, we create this kind of ‘Jigsaw’ funding to provide the most cost-effective solution to each aspect of your financial plans.
Contact us to discuss how 'jigsaw' funding can provide answers for your Veterinary Practice.
What vets say about finance...
Helping you build your profits
Equipment without capital costsYou can avoid capital costs for your instruments and equipment with asset finance.
Funding for all your equipmentA single arrangement can cover items from multiple suppliers.
Repayments that fit your budgetWe can help you arrange funding that reflects your needs and resources, and scaled to fit your monthly operating budget.
Buy premises for your practiceBuying your premises with a commercial mortgage can often cut your outgoings, and help you secure an appreciating asset for your veterinary practice.
Funding your operating costs in the first monthsThe first months of a new veterinary practice can be challenging. We can provide financial solutions to help you stay afloat.
Better than 0% financeSome suppliers may offer 0% finance for equipment. Call us to see how you can pay less than with these ‘interest free’ deals.
Download Rangewell’s free and detailed guide to business lending for Veterinary Practices
What business finance solutions are available for your veterinary practice?
How can Asset Finance keep your equipment up to date?
Finding the right finance package for any purpose from a wide range of financing options - whether it's cash flow support, equipment needs, tax bills, buying your site, buying a second site, working capital boosts or growth
How to apply for finance for your veterinary business - what paperwork will you need to present?
Is it important to choose a provider who is authorised and regulated by the financial conduct authority?
What is the difference between long- and short-term veterinary finance?
Get the financial assistance your practice needs for any kind of funding problem
Are practices only eligible for business finance in the UK - Northern Ireland, Scotland, England and Wales?
Download this free resource now and find out how to get the financial support you need for your veterinary practice
An additional commitmentBorrowing may be a long-term commitment, with ongoing monthly repayments which will affect your cashflow.
You may need to repayIf you sell your business, you may need to repay your borrowing.
Borrowing may be a personal liabilityLending will be secured on your practice, but you may be personally responsible for repayment with some types of loan.
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.