In this issue of Healthcare Matters we have featured Satellite Finance as our Financial Services Company of the Month.
Satellite Finance is a business financial services company based in Newport, UK. Since 2008 it has been supporting businesses across a variety of sectors looking for finance asset finance for refits, vehicle finance, invoice financing, commercial mortgages, or loans to grow their enterprises.
For the medical sector, Satellite Finance has become renowned for solutions designed specifically for dentists, doctors, opticians, vets and other associated healthcare businesses.
As a financial broker, Satellite Finance knows asset finance, loans, leasing, hire purchase, factoring and commercial mortgages inside out. Its experience working with healthcare businesses of all sizes, across all different sectors means the company has an in-depth knowledge of the specific issues facing healthcare companies as well as individual entrepreneurs.
Satellites Finance performs tasks such as assessing eligibility and handling paperwork, as well as comparing deals between its network of lenders and advising clients on the best finance structures. Whether clients are looking for asset finance to update or upgrade existing surgery equipment or start a new practice, a business loan for refurbishment, a personal loan to purchase a new vehicle or even a tax loan; Satellite Finance has the financial solutions to provide the best options available.
Especially interesting to start-ups in the healthcare industry, is Satellite Finance’s support of GGS loans. A GGS loan is a loan offered under the Growth Guarantee Scheme, a government-backed finance product in the UK designed to help smaller businesses invest and grow. The British Business Bank manages the scheme, which provides a 70% guarantee to lenders. While the borrower remains 100% liable for the debt, the guarantee encourages lenders to provide finance on more favourable terms, often on the same terms as standard commercial loans.
The company works closely with many of the leading equipment suppliers and have a range of solutions to ensure client’s requirements are met. Satellite Finance also has an in-depth understanding of the specific tax issues relevant to each medical professional and works on client’s behalf to ensure each transaction completes as quickly as possible and on time.
Satellite’s Finance’s edge stems from the close relationships it’s developed with over 60 banks and lenders, as well as effective utilisation of its own funds. This has allowed the company to facilitate the lending of more than £500 million to over 4,500 customers.
Because the company covers asset finance, invoice finance, commercial mortgages and more; clients can access multiple types of finance through one broker. Saving them time and money in the long run. Satellite Finance’s small team has years of experience in the sector and the team’s efficient size keeps its service personal. It also has a high acceptance rate, even if clients have been refused by a bank, and it aims to have funds transferred quickly (in some cases within 24 hours, depending on the finance type.)
As the company looks towards the future it hopes to continue growing its client base by remaining dedicated to putting client’s needs first. Offering the best financial solutions no matter what size they are. If growing or developing your business is on your agenda for this year, Satellite Finance is the perfect partner for your business’s next exciting step.
For more on Satellite Finance, please see below:
T 01633 262722
info@satfinance.co.uk
www.satellitefinancelimited.com