Veterinary care finance
Tailored financing solutions
We work with owners of individual practices, as well as groups operating multiple veterinary surgeries and animal hospitals, to provide carefully tailored financing solutions. We finance diagnostic and clinical equipment, as well as the facilities and infrastructure needed to provide high quality veterinary care.
We have thorough knowledge of the veterinary sector which combines with our access to finance markets and position as part of the Siemens Group to make us a competitive, flexible and understanding finance partner for the veterinary sector.
Siemens Financial Services, June 11, 2018
Veterinary Finance blog
Read our blog to find out how Siemens Financial Services helped previous customers to acquire vital veterinary equipment and gain insights from our Healthcare Sales Manager on new technologies in the Veterinary healthcare market.
Healthcare finance - veterinary care finance
Our access to finance markets and the industry as part of the Siemens Group as well as our thorough understanding of the veterinary sector gives a competitive edge when offering flexible financing solutions.
Siemens Financial Services helps The London Animal Hospital acquire essential equipment
The London Animal Hospital (TLAH) needed to acquire a large range of best-in-class, high-value equipment to enable the hospital to offer the best possible treament for its patients.
Watch the video to see how we worked with the equipment manufacturer and supplier to help TLAH select and finance the latest and most technologically advanced equipment for their needs.
An overview of our process
We advise on the most appropriate form of funding and provide finance options. We then confirm pricing once the equipment has been specified by you and capital price has been confirmed.
In order to ensure customers have the cash flow required to afford the payments, we typically require accounts for the last 3 years and supporting information about the nature of a customer’s business.
Once a credit facility has been approved, you are then required to sign and return the documentation to us. For leases, a purchase order is then placed for the equipment and it is delivered or installed by the supplier. For loans, the funds are transferred directly to your bank account.
Once the equipment is installed and on receipt of the certificate of acceptance from you confirming that the equipment is in working order, we activate the lease and pay the supplier.
What our customers say...
Very helpful, efficient, flexible, knowledgeable, with competitive rates and great service. Would recommend highly.
Benefits of financing with Siemens
- Long history and market leading position in the healthcare market
- Makes latest technology available without use of capital funds or cash reserves
- Assists with budgeting by defining fixed payments
- Provides ability to upgrade to new equipment on regular basis
- Cost effective alternative to bank funding
- Reduces upfront costs and improves cash flow by not requiring deposit
Veterinary case studies
Examples of financing solutions for veterinary care
London Animal Hospital acquires Siemens CT Scanner with the help of SFS
The LAH, a veterinary practice based in Camberwell, needed to acquire a large range of high value equipment
SFS arranged a hire purchase agreement giving LAH ownership at the end of the term
LAH found the SFS team very helpful, knowledgeable and extremely organised
Veterinary practice expands diagnostic capability with SFS
The practice required a refurbished CT scanner without overstretching itself financially
The 5 year lease from SFS did not impact their cash flow
With this purchase the practice can improve service standards and provide rapid diagnoses
Tailored financing gives veterinary practice key equipment
The practice aimed for new diagnostic imaging equipment but lacked the total upfront funds
A 5 year lease was offered which gave the investment life without a full payment burden.
SFS helped realise their desired investment, allowing provision of higher quality services