^Equipment Finance for Mental Health Clinics – Apply Now

With hire purchase for clinic equipment, you share the equipment list plus supplier quote or invoice, and the lender assesses value and condition. Approval typically depends on your ability to support repayments from clinic cash flow, along with a credit check. Practical ranges for equipment finance include borrowing amounts of about £10,000 to £250,000 and terms of roughly 24 to 60 months, with decision times often around 3 to 10 working days for standard applications.

Secured equipment loans are often used for larger refresh programmes, where a clinic may replace multiple items or upgrade systems across one or more sites. Typical amounts can range from about £15,000 to £500,000, with terms of roughly 12 to 72 months. Decision times are often 5 to 15 working days, and pricing is influenced by term length, deposit (if used) and the security position created by the equipment. If you’re comparing asset-backed options, see asset finance for how lenders view the security.

Refinance and upgrade equipment financing helps clinics replace end-of-life equipment, modernise telehealth capability, or improve reliability and security without draining working capital. Typical borrowing can be around £10,000 to £300,000, with terms commonly from about 18 to 60 months. Decision times are often 4 to 12 working days, and additional processing may be needed if settlement figures apply or if extra documentation is required around the asset being replaced.