Specialist
Veterinary Equipment Finance & Leasing
For buying and refinancing
Veterinary Equipment
For buying and refinancing
Veterinary Equipment
Veterinary equipment finance & leasing is a type of asset finance that allows veterinary practices to acquire the equipment and machinery they need to provide quality care for their patients. Veterinary equipment can include anything from diagnostic tools, surgical instruments, anaesthesia machines, dental equipment, x-ray machines, ultrasound scanners, and more.
Veterinary equipment finance & leasing can help veterinarians to:
There are two main types of finance available for veterinary equipment finance & leasing: hire purchase and leasing.
Hire purchase is a type of finance where the veterinary practice pays a deposit and then makes regular instalments over a fixed period of time, usually between 12 and 60 months. At the end of the term, the practice owns the equipment outright.
Hire purchase can be suitable for veterinary equipment with a long lifespan and does not require frequent upgrades or maintenance. It can also offer tax benefits, as the practice can claim capital allowances on the equipment and deduct the interest payments from their taxable income.
Leasing is a type of finance in which the veterinary practice rents equipment from a lender for a fixed period of time, usually between 12 and 60 months. The practice pays a monthly fee covering the equipment's use, maintenance, and insurance. At the end of the term, the practice can either return the equipment, extend the lease, or purchase the equipment at a residual value.
Leasing can be suitable for veterinary equipment that has a short lifespan or requires frequent upgrades or maintenance. It can also offer flexibility, as the practice can change or upgrade the equipment as their needs evolve. Leasing can also be tax-efficient, as the monthly payments can be deducted as a business expense.
The process of applying for veterinary equipment finance & leasing is simple and straightforward. Here are the steps involved:
Veterinary equipment finance & leasing can offer many benefits for veterinary practices, such as:
Veterinary equipment finance & leasing can also have some drawbacks, such as:
The eligibility criteria may vary depending on the lender and the type of finance you choose, but generally, you will need to have a good credit history, a profitable and stable veterinary practice, and a sufficient deposit or security.
The interest rates and fees may vary depending on the lender, the type of finance, the equipment, the term, and your credit profile. However, you can expect to pay a competitive and affordable rate, as Clifton Private Finance will compare and negotiate the best deal for you from multiple lenders across our network.
The tax implications may vary depending on the type of finance you choose, but generally, you can claim tax relief on the payments, either as capital allowances or as a business expense. However, you should always consult with a qualified accountant or tax adviser before making any decisions.
In need of vet practice equipment finance & leasing?
We can help you:
And when we’ve established the best type of finance for you, we will:
Call our team on 0203 900 4322 to discuss your requirements or book an appointment.
I approached Clifton Private Finance to help me get a mortgage as an Expat working in the Far East. I would normally 'cut out the middle man' on something like this and try to get myself a deal directly with the banks, but I am now sold on the broker concept and wouldn't hesitate to use Clifton Private Finance again. There were a number of complicating factors such as being an expat, the stamp duty holiday, the sheer amount I wanted to borrow and the fact I wanted it all wrapped up before the Stamp Duty holiday ended. It is clear to me now that the relationship that brokers have managed to foster with their banks means they can simply pull levers and make stuff happen that us ordinary folk cannot. Put simply, they are worth every penny, will take most of the stress out of the lending process, and seem to have access to deals that you just won't find on the internet. Thank you George and Jan for all your hard work!
James M
Luther was excellent. Very clear in his advice and explanations of products and was able to move things on very quickly when we ran into difficulties with the estate agents. Without a doubt I would recommend Luther to all friends, family and colleagues. Luther was a joy to deal with and took a lot of the stress out of a troublesome transaction, from my end. I would view Luther as real asset to Clifton Private Finance Ltd.
William W
The team at Clifton Private Finance has been outstanding, not only in helping me to obtain a mortgage on a slightly unusual home, but also in continuing to provide support and liaise with the lender and solicitors through to completion. Thank you for making the process of buying my first home much easier.
Chantelle S
Sam O'Neill, and the new lender he identified for me, worked tirelessly together using my time constraints, to make sure my mortgage application was completed on time. They are a brilliant company to work with, fast, efficient, open and transparent from the very beginning, and turned a seemingly impossible situation into a viable one. Sam was brilliant throughout the whole process and I would highly recommend him, and his colleague Helen, to anyone without hesitation, I cannot speak highly enough about them.
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I was incredibly lucky to find Clifton Private Finance after a search on line as their service has been more than exemplary. My point of contact was Sam 0’Neill and he was happy to help at every stage during the application of the bridging loan, making a stressful process much easier to deal with. He was always available by phone or email and gave prompt answers to queries I had as well as always getting back to me when he said he would. That to me is excellent customer service and I cannot thank him personally or the company enough for the support they have given me.
C Jefferey
Adam cannot thank you enough for all your support throughout this arrangement. You have gone more than the extra mile to support us. Without you we would not have got our dream retirement home. You have been most professional and personable. Liz and I would be more than happy if you wanted to use us a reference with respect to any future clients.
Nigel & Liz K - Bristol
You have certainly shown me that you do everything for your clients, including tolerating their excessive emails and questions for updates. I have been kept in the loop, from yourself, about why the delays were occurring (Nationwide, post etc) which I would like to highlight that I really appreciated. I certainly will be able to recommend you to others as and when the need arises.
Mr Morris
I recently contacted Clifton Private Finance after a Google search for bridging finance providers and was immediately struck by their efficiency and support. Forms were emailed over almost immediately and the necessary finance was arranged within a few days. None of the other companies I contacted came close to their professionalism, and the quote that I eventually received was impressive. Thank you Adam, your help has enabled us to reserve the house that we wanted and I certainly recommend you to others.
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Absolutely brilliant. The service was first class, got everything sorted efficiently and were always friendly. Any fees were negligible compared to the service offered. Robert was particularly outstanding.
Charles N
My advisor, Robert, was very helpful in finding the mortgage to suit me. He kept me up to date throughout the process and dealt with any issues when they arose.
Rowena C
