EXCEL LONDON 
14-15 NOVEMBER 2024

Portfolio Events
25 Oct 2022

Why Use Lease UK and not your bank?

Why Use Lease UK and not your bank?

Why Use Lease UK and not your bank?

Often clients new to financing equipment purchases for their practice will turn in the first instance to their bankers.  They may well have borrowed from them initially to buy their practice or to acquire the freehold of the practice premises. 

This does come with possible issues

Bank funding downsides

  • Variable rate so will increase when Bank of England base rate increases
  • Minimum amount for new lend may be far more than needed
  • Lots of information required -  Slow decision making
  • Possible repay of existing CBILS or Bounce Back Loan before doing new facility
  • Any security the bank already holds will apply to this new facility plus any other security they may request for the new deal.

Lease UK is here to help!

As an independent broker we have access to a series of European finance houses, who want to fund veterinary equipment via Hire Purchase or Leasing. 

Lease UK Asset Finance benefits

  • The competition between these keep their rates competitive
  • Rates are fixed from activation of the facility so practices can budget
  • Funding from £2000 upwards available
  • The equipment itself is the main security for the finance – no debentures or charges over residential property are required.
  • Underwriting decision usually withing 1 working day
  • Keeps your bank line free for overdraft increases if needed

Food for thought indeed – For a more detailed explanation, go to our website www.leaseuk.com/leaseukvsbank  Call us on 01372 466955 or visit us at stand P64 at the London Vet Show.

Loading
World-Renowned

Global Portfolio

BVA Live

12-13 June 2025

Deutsche Vet

16-17 May 2025

Singapore Vet

25-26 October 2024

Wild West Vet

16-19 October 2024

New York Vet

7-8 November 2024

Be the leader of your pack

Be the first to hear the latest news, programme updates and exclusive industry releases.

 

Education Partner

Platinum Sponsor

Gold Sponsor

Silver Sponsor

Media Sponsors