Healthcare

The healthcare industry makes heavy use of asset finance as it allows hospitals and clinics to borrow money to purchase equipment, supplies, and vehicles. Equipment leases are common here since leasing allows institutions to pay for pricey medical equipment over time rather than all at once, helping them to maximize cash flow. With so many different moving parts and high costs associated with running a hospital or clinic, it’s easy to see why asset finance UK is so widely used in these fields.

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