Specialist Finance for Pharmacies

At Wesleyan Bank we’re committed to offering our customers tailored financial products that fit their business needs and are proud of ourcommercial lending facilities for pharmacists.

The pharmacy landscape is ever changing, impacted by the new Community Pharmacy Contractual Framework, a buoyant acquisition market, increased cyber threats, concerns over medical supplies post Brexit and the rapid advancement of technology, not to mention the increased work load as the NHS seeks to direct to alternative sources of medical advice.

Recent research has proved that involving a pharmacist in patient care can deliver improved outcomes for non-hospitalised patients with long-term conditions*. So we feel it is more important than ever that you have access to financial solutions to help you expand your services.

Regardless of your professional goals, we are  on hand to offer support. We have developed a range of products designed to satisfy the various funding needs of pharmacists, with no restrictions on your day to day banking.

Our dedicated team of Relationship Managers are available and willing to share their sector expertise. We have helped many pharmacists acquire and equip the business of their dreams.

WE CAN PROVIDE FUNDING FOR:

Pharmacy purchase

Purchasing a business is a major financial commitment, it is essential that you work with an experienced team who can support you in ensuring that the right finance options are available to you at the right time

Whether you are a first-time operator intending to take over an existing business or extending the footrpint you already have, we will help you get the funding you need.

Our dedicated Relationship Manager will guide you through the whole process from initial enquiry right through to completion.

Refurbishment funding

To take full advantage of the Community Pharmacy Contractual Framework, you may find it is necessary to invest in major renovations or the revamping of your pharmacy. We can offer you support with funding your refurbishment/renovation and our loans are available from £5,000

Commercial mortgages

Considering the purchase of a new commercial property can be a nerve-wracking time. We can assist you with buying a freehold or long lease for your pharmacy business.

Specialist technology funding

Robotic dispensing is no longer a thing of the future. Several pharmacies have already installed this technology to help strengthen their service proposition. At Wesleyan we understand that investing in technology is key to the growth of your business and offer unsecured lending for this purpose.

Tax funding

Avoid HMRC automatic penalty surcharges and spread the cost of your tax bill into manageable monthly payments.

Wesleyan Bank acts as a broker and a lender

Your property may be repossessed if you do not keep up repayments on your loan

To find out more, visit wesleyan.co.uk/pharmacy, call us on

0800 980 9348 between Monday – Friday 8:30am – 5:30pm, or

email bankcommercialsales@wesleyan.co.uk.

Wesleyan Group offers Financial advice: Retirement Planning • Investing • Funding • Insurance

For more information visit wesleyan.co.uk/ourcompanies

The Financial Conduct Authority does not regulate some of these loans or commercial mortgages. Wesleyan Bank Ltd (Registered in England and Wales No. 2839202) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services register No.165116). Registered Office: PO Box 3420, Colmore Circus Birmingham B4 6AE. Tel: 0800 358 1122. www.wesleyanbank.co.uk . Calls may be recorded to help us provide, monitor and improve our services to you. * Pharmacist services for non-hospitalised patients (Review) de Barra M, Scott CL, Scott NW, Johnston M, de Bruin M, Nkansah N, Bond CM, Matheson CI, Rackow P, Williams AJ, Watson MC