Why choose Lombard as your medical equipment Hire Purchase provider?
- Find the perfect equipment for your practice – We allow you to source the equipment you think will help deliver the best services and care, and then we could simply purchase it for you.
- Payments tailored to your business objectives – We will make sure the monthly payments, deposit and lump sum for your Hire Purchase medical equipment, fit flexibly around your cash flow aims.
- Ultimate Ownership – you can buy the asset at the end of the agreement term
- Choice of interest rates – We allow you to pick which interest rates suit your needs best: fixed or variable.
- Reduction of tax payments – It may be possible to offset repayment interest against your business profits and claim back VAT. Allowances and capital grants may also be claimable on your agreement. (Special Rules may apply)
Tax reliefs referred to are those applying under current legislation which may change. The availability and value of any tax reliefs will depend on your individual circumstances
Healthcare equipment Hire Purchase with Lombard
When it’s time for your medical equipment to get updated, to help you provide quality service and care for your patients, but you wish to preserve your capital or have insufficient funds, Lombard’s Hire Purchase could help your practice with acquiring the assets.We purchase the equipment on your behalf and you hire it for a regular monthly rate as we offer a fixed or variable rate. Lombard acts as the legal owner of the equipment until your last payment of the agreed term – the lump sum. Full ownership of the assets is transferred over to you after the payment is made.
To find out more about Hire Purchase and how it compares to other types of asset finance we provide, visit the Hire Purchase page.
Get a Hire Purchase quote on your medical equipment now
We offer medical equipment finance that allows you to become the owner of the assets at the end. Get a quick indicative Hire Purchase quote for your medical practice from us now.