Medifinance can offer a range of products to enable you to purchase new equipment. Using finance to make your purchase is a smart way to manage your cashflow, as well as being able to reap the benefits of having the latest equipment in your practice. We will deal directly with your preferred supplier once your approval is in place, and with very competitive fixed rates & terms up to 7 years, why look elsewhere?
At the end of your HP agreement, you will automatically own the equipment you are installing. This is a great option for assets with a longer-term life. With current tax laws allowing up to 130% claim on capital allowances in the first year, plus relief on the interest payable thereafter, this is an attractive option for established businesses.
For high-tech equipment that may need updating or replacing on a regular basis, a lease option may be the best option. With tax allowances available over the whole term of lease, your practice can benefit from regular tax relief however often the equipment needs updating.