Driving Research Forward: Equipment Finance Solutions for The Life Sciences Sector

Access to advanced equipment and technology is essential in an industry characterised by rapid innovation and high-stakes research. Asset finance can empower UK life sciences businesses, from facilitating groundbreaking research to fostering the growth of small and medium-sized enterprises (SMEs).

Finding the right procurement solution is vital to improving key workflows. Many companies within this sector are unaware of, or have limited access to, equipment finance solutions designed to improve the breadth of investment options available to the life sciences sector.

How equipment finance can support UK Life Sciences companies

Equipment finance offers secured funding for a broad range of customers within the Life Sciences sector. University-based research, MedTech/Biotech manufacturers, UK Science Parks and laboratory service providers can all benefit from spreading the cost of investment.

The benefits to those operating in the life science sector are clear, as it allows investment in new, cutting-edge technology with a fixed periodic payment profile providing additional tax benefits.

Managing cash burn is crucial for life sciences businesses due to the inherently high costs and long development timelines associated with their research and development activities. Many life sciences ventures operate with substantial upfront costs and delayed revenue generation, meaning efficiently managing cash flow is essential to sustain operations and ensure financial stability.

Effective cash burn management allows businesses to strategically allocate resources, maintain investor confidence, and avoid the risk of running out of capital before achieving critical milestones.

For suppliers, offering equipment finance as part of their range of purchase options is a powerful sales tool, providing flexible purchasing solutions that support sales growth, customer satisfaction, and financial stability. By lowering barriers to acquisition, enhancing cash flow, and fostering innovation, equipment finance enables suppliers to thrive in a competitive and rapidly evolving market.

How SAF can help

At SAF, we possess a wealth of experience in assisting customers and supporting suppliers when navigating the various finance options available to customers that facilitate their equipment investment. 1st Class service is at the heart of everything we do.

The life sciences sector has its unique nuances. Our expertise and experience with varying markets within this sector allow us to work proactively and flexibly with customers to create the ‘right’ finance solution for your budgetary requirements.

SAF are here to help you navigate the procurement options available to you and secure funding approval, ensuring your business has the resources it needs to succeed. For more information on our finance options or how we can support your sales team, please feel free to contact a member of the SAF team.