Veterinary Physiotherapist expands service offering with the help of Hire Purchase agreement
Discover how we assisted a Veterinary physiotherapy business to expand their services and secure their future growth with a tailored Hire Purchase agreement.
The customer
Having started out as a mobile service, Haybridge Veterinary Physiotherapy has been offering physiotherapy for animals since 2018. Steady growth has seen them move to a permanent clinic outside of Milton Keynes.
Challenge
They wanted to expand their services to offer hydrotherapy treatments – a type of therapy that uses water to create a safe and comfortable environment to exercise in. To do this, they needed to purchase an underwater treadmill, which comes with a significant price tag.
Solution
Jo Asbury, Area Sales Manager, worked closely with business owner, Katy James, to agree an appropriate funding solution that worked for our customer.?After exploring various finance options, Jo suggested a Hire Purchase agreement, which enables payments to be spread over an extended period. Doing this helps maintain steady cash flow - at the end of the term, Haybridge Veterinary Physiotherapy will own the asset outright.?
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Results
With support from Braemar Finance, our customer has acquired the treadmill and expanded their services while increasing income.
Katy James, business owner: “It’s been a pleasure to work with Jo at Braemar Finance. The agreement has helped us get the equipment we needed; the whole process was straightforward from start to finish.”
Jo Asbury, Area Sales Manager: “It was great to work with Katy on this agreement. The treadmill has expanded their offering and secured future growth for their business.”
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