^Equipment Finance for Radiology Clinics – Get Financing Today

With hire purchase, you agree the equipment quote with the supplier and Funding Agent helps compare suitable UK providers. Lenders verify the business’s credit and trading position, confirm equipment details and value, and assess affordability for monthly repayments. Terms are commonly 36 to 84 months, with decision times often taking 3 to 14 working days. Rates are frequently structured as fixed or variable hire purchase rates, with typical UK SME equipment finance around 6.0% to 13.0% APR, depending on the deal and asset.

After you select equipment, Funding Agent can help compare lease options with lenders that underwrite around equipment use and affordability. You provide the asset specifications, supplier details, and the lease term you need. Approval processes often run from 5 to 20 working days, influenced by appraisal and supplier documentation. Lease pricing is typically presented as a lease rate or an APR equivalent, with typical UK ranges around 7.0% to 13.5% APR depending on risk and asset value.

For refinancing, you provide equipment ownership details and any existing finance statements. Funding Agent matches you to lenders that can consider how the current asset is valued and how existing liabilities affect repayment capacity. Because lenders often need valuation and condition checks, decisions commonly take 10 to 25 working days. Typical refinance amounts are often in the £20,000 to £300,000 range, with terms frequently 24 to 60 months. Pricing can be higher than new asset finance for some clinics, with typical UK ranges around 6.5% to 14.5% APR.