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We would highly recommend Snowbird finance to anyone who is thinking of providing finance to their patients. The portal is easy to use and a very quick solution to set up patients so they can do it themselves at home saving the practice time. Patients comment how easy and quick it is to apply and love how quick they get a response. The support we get from all members of Snowbird is exceptional. We couldn’t be happier with every aspect of their service.
Natalie Rogers, Practice Manager
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If you are thinking about expanding your veterinary practice and need some new equipment such as an x-ray machine, ultrasound or autoclave, lease (hire) purchasing is a sensible, tax-efficient option, helping you to spread the cost on a monthly basis.
Lease purchase agreements are usually for periods up to 5 years, after which the ownership of the equipment passes to you upon payment of a nominal title transfer fee.
Purchasing equipment through a lease (hire) purchase agreement is very tax efficient as you qualify for the Annual Investment Allowance (AIA), enabling you to deduct up to £500,000 of expenditure from your taxable profits.*
Click here to get in touch to discuss your plans for purchasing new equipment or to ask for advice on AIA.
*You have sole responsibility for the management of your tax and legal affairs. We recommend that you obtain your own tax and legal advice tailored to your individual circumstances. Snowbird Finance does not provide tax or legal advice.