^Equipment Finance for Physiotherapy Clinics – Get Approved Today

With hire purchase for clinical equipment, lenders usually assess whether you can use the equipment for business, your credit profile and affordability, and the equipment’s value if recovered. You will generally provide business financials, plus supplier details and a quotation. Typical facilities range from £10,000 to £150,000, and decisions are often 1 to 3 weeks after the key documents are provided. If approved, funds are released to the supplier (or you are reimbursed) under the hire purchase agreement.

Refinance and upgrade of existing equipment is designed for clinics that already own equipment or have clear rights to it. Lenders review the business’s performance and affordability, then check the condition and likely resale value to confirm the asset qualifies and meets criteria such as age and serviceability. Typical amounts are around £15,000 to £200,000. Decision times are often 2 to 4 weeks because the lender may require an asset review and confirmation of ownership or status. Repayments continue under a new agreement once funds are arranged.

Managed equipment finance is useful when you need to replace equipment across multiple rooms or manage a programme of purchases. Lenders typically look for a clear plan for the equipment you want to fund, evidence of trading affordability, and enough collateral value across the facility. Facility values are commonly £25,000 to £250,000, with drawdowns often over 12 to 60 months depending on each asset. Facility setup can take 2 to 5 weeks, while individual drawdowns can be faster once the facility is live.