- Finance Services
What Finance options do I have?
Optical Marketplace™ have successfully assisted clients not only to acquire the best range of optical equipment and accessories but also helped a high number of these clients acquire the equipment through one of our unique finance routes.
We recommend one of the following 3 methods of finance :
- Lease Rental
- Hire Purchase
- Unsecured practice loan
For a description of each option and a summary of the advantages they provide please read on
Benefits of Hire Purchase
- Spreads the cost of the purchase over 2 to 5 years.
- The finance is secured directly against the equipment.
- You gain ownership at the end of the agreement.
- You benefit from tax relief on the interest charged.
This is a good option if you are keen to ensure ownership at the end of the term without having to make any further payments
Benefits of Lease Rental
- Spreads the cost of the purchase over 2 to 5 years
- The finance is secured against the equipment
- You gain ownership at the end of the agreement for one additional monthly payment.
- You can obtain tax relief on each repayment made making a rental agreement the most tax efficient form of purchase
This is a good option if you want to benefit from the most tax efficient purchase route
Benefits of Unsecured practice loan
- Spreads the cost of the purchase over 12 months to 5 years
- The finance is unsecured.
- You purchase the equipment directly with the funds provided.
- You can gain interest tax relief on the interest charged.
This is a good option if you have other purchases to make and require funding for these as well; or if you are likely to require more equipment in the immediate future.
Why use Optical Marketplace™ for your Finance?
- The ability to purchase more equipment
- Fast and efficient turnaround
- Competitive rates
- Both finance and equipment arranged at one-stop
The ability to purchase more equipment
Thousands of pounds of extra equipment can be purchased for only a small increase in your monthly cost.
Fast and efficient turnaround
A decision is obtained within 4 hours of application and the goods can be yours to use in just a few working days.
Competitive rates
All our agreements provide you with the most competitive rates available, based on the equipment you are purchasing and your credit status
Both Finance and equipment arranged at one stop
Instead of having to source another finance provider, time is saved by doing all through Optical Marketplace™