Pharmacy Finance

Pharmacy Finance is a service that provides tailored funding solutions for pharmacy owners and operators. Whether you are looking to buy, sell, expand, or refinance your pharmacy, we can help you find the best deal from our panel of specialist lenders. Pharmacy Finance can help you achieve your business goals and maximise your pharmacy’s potential.

Applying for Pharmacy Finance is easy and hassle-free. You can fill out our online enquiry form or call us to speak to one of our experienced advisors. We will assess your situation and requirements, and match you with the most suitable lender for your needs. We will then guide you through the application process and help you secure the funding you need.

Pharmacy Finance offers many benefits for pharmacy owners and operators, such as:

• • Access to a wide range of funding options, including loans, mortgages, overdrafts, asset finance, and invoice finance.
  • Competitive interest rates and flexible repayment terms.
  • Expert advice and support from our dedicated team of pharmacy finance specialists.
  • Fast and efficient service, with minimal paperwork and hassle.
  • No upfront fees or hidden charges.

To be eligible for Pharmacy Finance, you need to meet the following criteria:

• • You must be a UK resident and over 18 years old.
  • You must have a valid pharmacy registration and licence.
  • You must have a good credit history and no outstanding debts or CCJs.
  • You must have a viable business plan and cash flow forecast.
  • You must have sufficient security or collateral to secure the loan.

The amount you can borrow with Pharmacy Finance depends on various factors, such as the value of your pharmacy, the purpose of the loan, the lender’s criteria, and your affordability. Typically, you can borrow up to 80% of the value of your pharmacy, or up to 100% if you have additional security or collateral. The minimum loan amount is £25,000 and the maximum loan amount is £5 million.

The time it takes to get Pharmacy Finance varies depending on the complexity of your case, the lender’s processes, and the speed of your response. Generally, it can take anywhere from a few days to a few weeks to get a decision from the lender.

Similarly, to the question on how long it takes to sanction pharmacy deal it all depends on the complexity of your case, the lender’s processes, and the speed of the solicitors. Typically you’re looking a t a 3 to 6 month period.

There are more than 100 asset & equipment lenders in the market, each with their own rates, credit policies and applications processes.

And eligibility criteria is changing frequently, especially in the current climate.

As healthcare finance brokers, our team has decades of experience in asset & equipment finance solutions, and will save you valuable time and money by identifying the most appropriate lender for your needs, at the best rates available and by managing your application for you, all the way to completion.