Running a successful medical business or establishment depends heavily on having the right medical equipment. Without the right equipment, you are likely to be unable to meet the needs of your customers. But medical machines and accessories can be highly expensive. And, with medical technology constantly evolving, complex equipment is likely to need frequent updating – adding significantly to your running costs.
Medical equipment leasing enables you to access the assets you need immediately, without handing over a large, upfront investment. Instead, you just pay a small, upfront deposit and then enjoy the convenience of paying in manageable monthly instalments. Leasing is effectively paying for your equipment as you use it – the same way you pay your staff as they work for you.
You will be able to keep funds in your business to be used elsewhere
Alternative lines of funding
You don’t have to use up a bank facility you already have
On rental agreements, the VAT is included in the rental, not in a lump sum
Pay for the equipment as you use it
Companies pay employees over time as they work, so why pay all the cost for medical equipment in advance?
The latest equipment
Always have the latest medical technology at your disposal by implementing a recycling strategy, whereby you replace equipment at the end of the lease term
Using a lease rental agreement, 100% of your rental is deductible against your companies corporation tax
Leasing medical equipment makes sense
Get access to the latest technology
In the medical profession, having outdated technology can put you at a significant disadvantage. Not being able to offer the latest treatments can mean that patients go elsewhere, and you lose out. If you have purchased equipment outright, it can become outdated quickly, leaving you with expensive, ineffective technology. Leasing means that you can take out an agreement on brand new equipment, giving you access to all the latest technology. A typical lease agreement lasts between one and three years and, after that time, you can choose to give the equipment back to the lender and take out a new agreement on the latest tech.
Unrivalled supplier network
Due to our ongoing work with the medical profession, we have relationships with some of the best equipment suppliers, and can match you with the best one to suit your needs – whatever type of equipment you need. Alternatively, we can work with any supplier of your choice.
So, if you are a medical business, get in touch with us today to get your application started.
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