Finance for the Care Home Sector
raising your Care Quality Commission standards
Maintain and improve the level of care given to your residents and be recognised for the outstanding services you provide.
We secure you preferential rates from over 60 handpicked partners.
We work with over 15,000 UK businesses and counting.
Equipping your care home
The inability to reclaim any VAT incurred when acquiring new equipment or carrying out crucial building refurbishments can potentially become a barrier for many Care Homes across the UK. Clear Business Finance understands this.
A Care Home is not like any other business. There is a huge amount of responsibility that comes with the territory and the primary goal of affording people the best level of care possible is paramount. Budgets can be tight and it is necessary to manage your outgoings effectively. With the number of people over the age of 85 set to more than double from 1.4m to 3.5m over the next 25 years, the need for Care Home placements is growing fast. This means the sector is experiencing unprecedented growth; how is your business planning to react? With our range of finance packages, you can confidently forecast your outgoings by breaking down any expense into manageable monthly payments, as well as being able to spread the VAT over the term of the agreement.
All these key benefits will help to ease the constraints on your cashflow and enable you to make the necessary improvements to your Care Home and the services you provide.
Key benefits
here’s what’s on offer
- Borrow from £5,000 to £10M
- No deposit required
- Fixed repayments (Monthly, Quarterly or Annually)
- Terms from 1 – 7 years
- VAT deferrals
- Settle at any point you are not locked in
- Payment are 100% tax deductible
- 95% approval rate
*Please refer to each individual product to see how these benefits relate to your application.
*Please refer to each individual product to see how these benefits relate to your application.
Care Home finance explained
here’s your options
Leasing
Ideal for those looking to protect themselves against asset depreciation or where ownership isn’t necessary. With a lease agreement you are effectively renting the equipment for an agreed term with the option to upgrade at any point, ensuring your business always has the latest kit. Acquisitions with leasing allow you to minimise or even remove upfront fees and also spread the VAT over the length of the contract. Instalments are pre-set, allowing you to more effectively forecast outgoings. You will always get the option to continue using the equipment at the end of the term.
Discover Leasing
Hire Purchase
In a nutshell, a Higher Purchase agreement contains the option to
purchase the asset at the end of the term for a pre agreed fee. Higher
Purchase is a common choice for businesses looking to avoid the large
upfront outlay associated with acquiring assets that have a high
residual value. Breaking down the expense over time will help to
protect your cash flow while you’ve got the added comfort of knowing
your repayments are contributing to your eventual ownership. At the
beginning of the agreement, an initial deposit is usually paid, the
amount of which can vary, for example, you might choose to pay a
higher deposit in order to reduce the on-going monthly payments.
Vehicle Finance
You pick the vehicle and we’ll organise the finance. Company directors, partners and sole traders can benefit from our highly competitive Lease, HP and Contract Hire options. Fleet vehicles, company vehicles or luxury cars on flexible terms from 1 to 5 years, balloons up to 50% and no deposit required.
Discover Vehicle Finance
Business Loans
Business loans are generally seen as the most widely accessible form of funding but for this reason the options can seem overwhelming. We can make the choice Clear. Forget expensive credit cards and inflexible overdrafts, business loans are used to keep your cash flow healthy and provide greater peace of mind. Could your business benefit from a working capital injection
to help you realise your goals? Could breaking down an upcoming tax bill
into manageable instalments help to make your outgoings more manageable?
We are here to help.
Leasing
Ideal for those looking to protect themselves against asset depreciation or where ownership isn’t necessary. With a lease agreement you are effectively renting the equipment for an agreed term with the option to upgrade at any point, ensuring your business always has the latest kit. Acquisitions with leasing allow you to minimise or even remove upfront fees and also spread the VAT over the length of the contract. Instalments are pre-set, allowing you to more effectively forecast outgoings. You will always get the option to continue using the equipment at the end of the term.
Discover LeasingHire Purchase
In a nutshell, a Higher Purchase agreement contains the option to
purchase the asset at the end of the term for a pre agreed fee. Higher
Purchase is a common choice for businesses looking to avoid the large
upfront outlay associated with acquiring assets that have a high
residual value. Breaking down the expense over time will help to
protect your cash flow while you’ve got the added comfort of knowing
your repayments are contributing to your eventual ownership. At the
beginning of the agreement, an initial deposit is usually paid, the
amount of which can vary, for example, you might choose to pay a
higher deposit in order to reduce the on-going monthly payments.
Vehicle Finance
You pick the vehicle and we’ll organise the finance. Company directors, partners and sole traders can benefit from our highly competitive Lease, HP and Contract Hire options. Fleet vehicles, company vehicles or luxury cars on flexible terms from 1 to 5 years, balloons up to 50% and no deposit required.
Discover Vehicle FinanceBusiness Loans
Business loans are generally seen as the most widely accessible form of funding but for this reason the options can seem overwhelming. We can make the choice Clear. Forget expensive credit cards and inflexible overdrafts, business loans are used to keep your cash flow healthy and provide greater peace of mind. Could your business benefit from a working capital injection
to help you realise your goals? Could breaking down an upcoming tax bill
into manageable instalments help to make your outgoings more manageable?
We are here to help.
Trusted by over 15,000 businesses across the UK and counting
We work tirelessly to ensure that your business gets the right funding at the right price, that is why a large percentage of applicants become regular Clear Business Finance customers.
What to expect
A dedicated account manager will be with you every step of the way.
Quotes are free and provided in minutes
you can expect to receive an email or SMS depending on your chosen method. Alternatively, a member of our knowledgeable team will be in touch if we need to ask a few more questions.
If you choose to proceed with your quote
your documentation can be issued digitally and processed via eSign in minutes. We do also offer traditional paper copies but we encourage you to think of the planet!
Funds can be released in as little as 24 hours
That’s it! Simple! Leaving you to focus on running your business.
Success Stories
What are your ambitions and how can your business achieve them? Here are a few recent examples of how companies like yours are fuelling their growth plans with the right financial support.
We all want the right tools for the job, so you will be pleased to hear we’ve made acquiring equipment a whole lot easier.
#DealOfTheWeek!
Winning a new contract is great but having the capital to meet the requirements, is just one example of how we help companies across the UK on a daily basis. #DealOfTheWeek!
The MD of a UK based property investment company asked us to organise the finance agreement for her new vehicle. It was a roaring success! #DealOfTheWeek
Breaking down the cost of your new plant machinery over a 1 to 5-year term, can allow you to limit your upfront outgoings & protect your cash flow. #DealOfTheWeek.
Get paid on time, every time. Your invoices can provide you with instant funding. No more waiting 30 - 120 days for payment, get your money upfront. #DealOfTheWeek!
80% of the sites value with no personal guarantees gave our client sufficient time to secure the site and gain planning permission.
#DealOfTheWeek
Protect yourself against asset depreciation & keep up with ever-evolving technology. Finance your tech related acquisitions & upgrade at any point. #DealOfTheWeek!
Our client was able to totally remove his business’s reliance on natural gasses and switch to green energy for a fraction of the cost.
#DealOfTheWeek
A financial solution where repayments flex in line with your future debit/credit card transactions, mirroring the ups & downs of your business. #DealOfTheWeek.
"Good communication with a wealth of knowledge, should I have any future financial requirements then Clear are now my first point of call!"