At WEL Medical, we’re passionate about saving lives. Since our inception in 2005, we’ve made it our goal to strengthen the chain of survival by providing life-saving solutions.
However, we understand that obtaining life-saving equipment can be a costly and daunting prospect for both individuals and organisations. The cost of medical devices and equipment can serve as a barrier to access, particularly for those who may not have the financial means to purchase outright.
But there’s good news: leasing options can make accessing life-saving equipment much more straightforward and even cost-effective in some cases. By providing an alternative to purchasing outright, leasing can help remove financial barriers and ensure that people have access to the equipment they need when they need it most.
In this article, we’ll look into the cost benefits of leasing life-saving equipment and how it can help to overcome financial challenges associated with acquisition.
Affording Life-saving Equipment
One of the critical reasons why life-saving equipment carries a higher price tag is because it requires a considerable level of expertise, research, and development to create. On top of this, many pieces of medical equipment require specialised materials and technology, which can further increase production costs.
While life-saving equipment is essential for organisations and individuals alike, the high cost of such equipment can be a significant barrier to access. In some cases, it can unfortunately dissuade people from obtaining the necessary equipment.
In these cases, leasing life-saving equipment can be a beneficial solution. Rather than paying the total cost upfront, leasing allows customers pay for equipment in instalments over an extended period.
The Benefits of Leasing Life-Saving Equipment
There are two main benefits to leasing life-saving equipment like defibrillators or CPR training manikins: cost accessibility and flexibility.
Cost Accessibility
By spreading the cost across a number of payments, the financial strain is notably reduced. This means that individuals and organisations are spared the difficulties of trying to gather together funds to make an outright purchase and can, therefore, budget more efficiently. The benefits of leasing life-saving equipment are beneficial for organisations looking to make a larger order of several items, which can often be more expensive.
Along with leasing, there are other ways to make acquiring an AED more accessible. Take a look at our article explaining how to access funding for your local automated external defibrillator for more information.
Flexibility
We understand that each customer’s needs and preferences are distinct. Some may need a large number of items for a short-term solution, such as annual refresher training or away days. Conversely, others might need equipment provided over a more extended period.
Tax Deductible
All of our lease rental payments are 100% tax deductible against profits. This makes leasing options affordable and accessible both as short-term and long-term solutions.
Fixed Payments
To ensure easy budgeting and future planning, WEL Medical’s lease rental payments are fixed. This means that you won’t receive unexpected fluctuations in the cost of your medical equipment.
Protect Existing Lines of Credit
Using leasing enables you to protect your existing lines of credit, including bank loans and overdrafts. Once again, this forms part of our ethos of making life-saving equipment available and accessible to as many people and organisations as possible.
Our leasing options for life-saving equipment give you a broad range of choices, allowing you to tailor the package to your specific requirements. This ensures that you get excellent value for your investment.
Leasing Options for Life-Saving Equipment
Our leasing and finance options provide a practical and cost-effective solution for individuals and organisations looking to invest in life-saving equipment. We recognise that the investment in new, quality medical devices can be a sizeable financial outlay all in one go and that spreading the cost over a set period can offer an optimum solution.
WEL Medical has partnered with Shire Leasing Plc, the largest independent funding house in the UK for defibrillator financing and leasing, to offer bespoke leasing options that are tailored to meet the unique needs of businesses and individuals.
This partnership ensures customers enjoy affordable monthly payments, pay-as-you-earn solutions, and bespoke leasing options that are designed to suit their individual needs. Shire Leasing Plc has a proven track record of supporting British SMEs and is committed to assisting businesses in acquiring the necessary equipment without compromising on quality or cash flow.
Ongoing Support
Once you’ve decided on your leasing package, our support doesn’t simply stop. At WEL Medical, we pride ourselves on exceptional customer support. This means that we’ll be on hand to support you every step of the way, ensuring that you’re happy with the product and service you’ve received.
Discover WEL Medical’s Leasing Options for Life-Saving Equipment
Our mission is to provide life-saving equipment to those who need it most. We understand the critical role that our products play in saving lives and improving patient outcomes, which is why we’re committed to making our equipment as accessible as possible.
Leasing life-saving equipment through WEL Medical can provide numerous benefits, including reduced upfront costs, greater flexibility, and access to the latest technology.
For more information, visit our leasing and financing page today, or feel free to get in touch with our dedicated customer service team.
Further Reading
- Demystifying Defibrillators: Common Questions Answered
- The Pulse of Progress: A Journey Through the History of Defibrillation
- Raising a Glass to the Proper Pubs Defibrillator Fundraiser
- How to Access Funding for Your Local Automated External Defibrillator
