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Optical finance

We offer tailor-made tax efficient solutions from our range of optical Loans, Leasing and Hire Purchase products. Our team of specialists understand the financial challenges and opportunities in the optical sector.


of Opticians have had to make ‘special arrangements’ to prepare for the UK’s exit from the EU*


of Opticians will make COVID-19 testing mandatory for staff *


of Opticians are positive about their economic outlook, despite the impact of the pandemic*

*Braemar Finance Business Barometer


Optical finance designed to help your business succeed

We provide optical finance solutions for optometrists, opticians and optical professionals designed to assist with the growth and development of your business. Ranging from the acquisition or relocation of a practice, a shop fitting revamp, new technological equipment, or simply a loan to meet your tax demand, we have a solution to help.

You can always expect a speedy response from our in-house underwriters, with the ability to deal directly with multiple suppliers on your behalf, allowing you to concentrate on your day-to-day business.

Optical Suppliers Association Member

As a member of the OSA we benefit from access to a thriving network of businesses offering innovation, insight, knowledge and training for the whole of the UK optical industry.

FMO Member

Optical finance agreement types

Our range of Leasing, Hire Purchase and Loan products allow for fixed monthly repayments enabling you to budget with confidence whilst enhancing your cash flow.

    Hire Purchase allows outright ownership of the asset and enables you to spread the cost over a term that suits you.

    • Expenditure may be allowable against taxable profit within your Annual Investment Allowance in the year of purchase to the sum of £1,000,000
    • Easier cash flow budgeting as repayments are fixed
    • Capital preservation - existing funds can be used elsewhere
    • Interest charges can be offset against profits for taxation
    • Outright ownership on completion of the agreement

    If you want to maximise the use of your equipment without the responsibility of owning it, leasing will give you the freedom and flexibility you need.

    • Easier cash flow budgeting as repayments are fixed
    • Capital preservation - existing funds can be used elsewhere
    • No upfront deposits required
    • Protection of existing credit lines, making any further borrowing easier
    • Fixed payments - tailored to suit your individual circumstances
    • Tax efficient - repayments may be offset against taxable profit
    • Up to date equipment - be ahead of your competitors

    Tax loans permit you to spread the cost of your tax demand into affordable monthly payments.

    Benefits of a tax loan:

    • Control of cash flow
    • Fixed monthly payments
    • Faster Payments
    • Protects existing bank facilities
    • Quick and simple to arrange
    • Flexible repayment terms
    • HMRC receives funds on time

    A personal loan is a form of borrowing that can be used for virtually any purpose which is both easy and convenient and allows you greater flexibility.

    Personal loans can be used for purposes such as:

    • Tax bill funding
    • School fees
    • Home improvements
    • Weddings
    • Holidays

    If you have a number of existing agreements, credit card balances and other regular finance overheads, a consolidation loan may be the way forward.

    Benefits of consolidation and refinancing:

    • Combines finance commitments
    • One monthly payment
    • Term of agreement to suit
    • Simplifies cash flow
    • Improves budget control

    When buying into or starting up a new business, you may need to borrow funds to support the purchase or invest in renovation.
    Business loans can be used for:

    • Acquisition finance
    • Refurbishment projects
    • Capital injection / release
    • Buy in / buy outs

    Typical uses for finance in the optical profession

      Specialist equipment is vital to the functionality of the optical profession. We offer funding for a wide range of equipment in addition to total refurbishments.

        We can finance equipment such as:

        • Fundus camera                           

        • Autorefractor
        • Tonometer
        • OCT Imaging system
        • Digital test charts
        • Topographer
        • Keratometer
        • Lasers
        • Combi units
        • Blocking / Edging equipment

        Our IT finance solutions ensure that the applicable tax advantages are taken into consideration when looking at the funding you require. All related costs can be combined under one agreement, offering easier management of your cash flow.

          IT finance can be used for:

          • Updating hardware / software
          • New monitors, keyboards and mice
          • Scanners / photocopying machines
          • Tablets and iPads
          • Operating licences and renewals
          • IT system installation
          • Training
          • Maintenance

          When your business needs a front office or a public practice area to accommodate your clients or patients it is often necessary to invest in renovations which incorporate designs and shopfitting to meet with the demands of your business.

            Shopfitting finance can be used for:

            • Bespoke units
            • Consultation rooms
            • Contact lens area
            • Counter designs
            • Display units
            • Shop front and signage

            We are experienced in all aspects of new and used vehicle finance. We can help you upgrade your existing vehicle, buy an additional car or a fleet for your business and we can provide a finance package, incorporating balloon payments or refinancing, whatever your circumstances require.

              Vehicle finance can be used for:

              • Change of existing vehicle
              • Buying a second car
              • Purchase of a classic car

              Contact us today

              Find out how we can help you today.

              Get in touch

              Optical finance client testimonials

              I have used Braemar finance several times over the last few years, most recently for funding a complete refurbishment at our new premises.
              Their service is excellent, with all options clearly explained in advance. Once the necessary documentation has been processed, the funds are put in place speedily and efficiently. I would recommend Braemar to anyone looking for a professional, approachable and hassle-free source of business finance. I shall certainly be using them again in the future.

              Mr J Pike

              Pike Opticians

              With the expansion to our practice in the past year we have had to deal with many professionals, including solicitors and bankers, and Colin from Braemar Finance has been by far the most pleasant and easiest person to deal with.
              You have explained things in a straight forward manner and been very accessible to meet us and we have appreciated it.Thank you.

              Helen and Sandra

              Drage & Tozer Opticians

              As a growing company we are constantly investing in new technology and equipment, and have an on-going refurbishment programme.
              The relationship I have with Braemar Finance is great. They are knowledgeable, easy to get hold of and are able to meet my financial needs, hassle free.

              Moin Valli

              Managing Director , Valli Group

              I have dealt with Braemar for over 10 years now and always found their entire process to be hassle free.
              I would definitely recommend them.

              Royston Bayfield

              Bayfields Opticians

              Braemar Finance came highly recommended to us when we were looking to set up a new practice.
              I met with our area manager and discussed our needs and found that not only was she very knowledgeable and professional, but also very friendly and easy to deal with. From start to finish our experience has been first class and we would have no hesitation in recommending them to anyone starting out or needing funding.

              Jim Mullan

              Coach House Opticians Limited, Glasgow

              I like dealing with the people at Braemar Finance.
              They're friendly and knowledgeable and they know all the equipment suppliers so making arrangements is easy. Everyone is so helpful on the phone.

              Neil Cuthbert


              When I needed finance for my car I contacted Braemar Finance.
              The communication and reliability was superb and within days the paperwork was sorted and my new car was sitting on my driveway. Thanks to the efficiency and ease of processes from Braemar.

              Hester McIntosh

              Optician, Hampshire

              I’ve always had a professional and consistent service with competitive rates of finance.

              I have used Braemar Finance on numerous occasions and have always found them to be open, responsive and willing to tailor their service to my individual needs.

              Excellent service, I have been dealing with Braemar Finance for 20 years and had no problems.

              A company who provides a genuinely individualised service for their customers.

              Braemar Finance have been extremely supportive, and we are very pleased with the service and support we have received. I could not recommend them highly enough.