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01563 898437

Patient and Client Finance

01563 898291
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01563 852100

Patient and Client Finance

01563 852113

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Veterinary practice financing

We offer veterinary Loans, Leasing and Hire Purchase products. Our team of specialists understand the financial challenges and opportunities in the veterinary sector.

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Veterinary finance designed to help your business succeed

Our funding solutions are designed to help you grow and develop your veterinary business. We can provide finance solutions to suit your needs, immaterial of the location or size of your practice. Our experience ranges from financing large CT scanners, portable X-Ray machines, practice refurbishments to IT solutions and vehicles.

We can also provide you with a simple online Client Finance facility, enabling you to offer your clients manageable monthly payments to fund the procedures and treatments their pets need at a monthly cost they can afford.

Veterinary 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

    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
    Leasing

    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

    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
    Personal loans

    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
    Consolidation loans

    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
    Business loans

    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
    VAT loans

    VAT loans allow you to spread the cost of your tax liability into affordable monthly payments.

    Benefits of a VAT loan:

    • Take the pressure off working capital
    • Smooth cash flow peaks and troughs
    • Fixed monthly payments
    • Quick and simple to arrange
    • Can be paid directly to HMRC

    Typical uses for finance in the veterinary profession

      Equipment finance

      Specialist equipment is vital to the functionality of the veterinary profession. We offer funding for a wide range of equipment including large CT scanners and portable X-Ray machines, as well as funding for a total refurbishment. We can also deal directly with suppliers on your behalf, allowing you to concentrate on your daily business.

        We finance veterinary equipment such as:

        • Veterinary tables
        • Anaesthesia equipment
        • X-Ray equipment
        • ECG machines
        • Ultrasound
        • Practice furniture
        • Respiratory ventilators
        • Infusion pumps
        • Video otoscopes
        • Defibrillator
        • Veterinary dental equipment
        • Autoclaves
        IT finance

        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
          Vehicle finance

          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:

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

            We provide an easy-to-use online solution that offers your clients manageable monthly payments to fund the procedures and treatments their pets need.  The online application is quick and easy to use with instant decisions, allowing your client to make a follow up appointment immediately.

            Find out more about Client Finance

            Benefits include:

            • Fast payments – 72 hours following fulfilment
            • Flexible terms – Loans from £250 - £60,260 and terms 6-60 months
            • Market leading acceptance rate – using our advanced scorecard
            • Full finance solution – business and personal finance facilities
            • Unique account management – face-to-face meetings to drive performance
            • Scheduled reports – delivered daily, straight to your inbox
            • Unique data analysis and client profiling – deep-dive data insight using advanced tools
            • Access to subject matter experts – analytics, marketing and compliance experts to call on

            Contact us today

            Find out how we can help you today.

            Get in touch

            Veterinary finance client testimonials

            Thanks to you (Steve Forsyth) and Braemar who have supported me and my business over the last 17 years. You have always been a pleasure to deal with, super efficient and speedy with the funds when we needed them.

            Alison Jones

            BVetMed MRCVS

            We have worked with Braemar Finance for over ten years and have been delighted with the service we have received.
            Ashfield House Veterinary Hospital are always looking to invest in new equipment of the highest quality and Braemar Finance have always been able to provide a variety of funding options to enable us to achieve our objectives, all with an efficient, timely, professional and friendly manner. We consider the team at Braemar Finance to be an excellent business partner that will help drive your business forward. Thank you, keep up the great work!

            Ashley Lovett

            Practice Manager, Ashfield House Veterinary Hospital Limited

            We would like to sincerely thank Steve and Braemar Finance. Having ordered a CT scanner as part of our practice expansion, our bank decided to deviate from the pre-arranged financial arrangements shortly after delivery.
            Braemar answered our call for help and new finances were sorted smoothly, efficiently and with astonishing speed. In spite of our being in no position to negotiate they gave us a very good rate, honouring the rate quoted at our preliminary enquiry many months previously. In short, they saved the day and we are extremely grateful.

            John Chitty

            Anton Vets, Andover

            We are a privately owned small animal veterinary partnership with over 100 clinics. Without access to the equivalent of an animal NHS our clients have to finance any of the work that we undertake themselves, and in some cases this can be difficult for them to afford if they do not have pet insurance.
            We have been using Braemar for over two years now. Braemar loans are an attractive option for our clients as the interest rates are very modest and it gives them more time to pay off their account, thus helping their cash flow. It is also useful to have varying time periods over which they can pay back the loan depending on their circumstances.

            Guy Carter BVSc MRCVS

            Senior Partner, Medivet Partnership LLP

            I have been using the services of Braemar Finance for the last 10 years for ALL of my equipment and vehicle leasing requirements. Their service has been excellent with speedy procurement of funds at the most competitive rates.
            When I have compared rates with other providers I have always found Braemar to be the most competitive and now no longer waste my time looking for comparisons. Braemar will continue to be my first port of call whenever I require finance for my business.

            Mark G Hutchinson

            Owner, The Dales Veterinary Centre, Otley

            We have been using Braemar Finance for some years now to fund vehicle purchases in our Veterinary Practice. The Braemar team are always available on the end of the telephone to offer advice and a request for practice finance is always dealt with promptly.

            Richard Edwards

            Abington Park Veterinary Group, Northampton

            I have financed my ultrasound equipment through Braemar. I dealt with Steve Purbrick who did an excellent job. I have dealt with a few finance companies now and Braemar were by far the most straight forward and efficient.

            Charlie Pinkham

            Pinkham Equine Veterinary Services, Surrey

            Recently we have been able to offer our clients 0% finance deals underwritten by Braemar. This has helped many of our clients to spread the fees over an interval they are happy with and has allowed us to offer the very best of treatment for their animal.
            It also means the practice has the fees paid promptly. This creates an ideal situation for the client, the practice but most importantly the pet.

            Richard Edwards

            Abington Park Veterinary Group, Northampton

            The paperwork required when applying for a loan is easy and simple to use. The electronic "loan calculators’’ are also easy to use to calculate repayments for clients. This makes staff training a pleasure.
            I can recommend Braemar without hesitation because they are extremely reliable, we always get our payments through on time and they are able to assess any applications quickly and efficiently. They are also very friendly and easy to contact if we require advice.

            Guy Carter BVSc MRCVS

            Senior Partner, Medivet Partnership LLP