Expanding and Upgrading NUPAS’ Portfolio of Ultrasound Systems through lease financing

Through our long-standing partnership with MIS Healthcare, SAF was invited to support their client, the National Unplanned Pregnancy Advisory Service (NUPAS), in securing  four high specification Samsung HM70 EVO Ultrasound Systems worth over £75,000 via a bespoke finance agreement.

Client Brief

NUPAS has provided high-quality care and abortion services across the UK for over 50 years. With a network of 21 independent clinics across the Northwest, Yorkshire, Staffordshire, Southeast and Greater London, NUPAS works closely with the NHS to provide NHS-funded care to individuals, including medical/surgical abortion services, contraception and counselling.

Having access to a sufficient stock of modern ultrasound machines is central to many of the services NUPAS provides. Having decided to upgrade their Manchester Clinic’s stock of ultrasound systems, NUPAS was keen to understand how to spread the cost of investment to maximise their purchasing power.

SAF’s Solution:

Through our relationship with MIS Healthcare, we worked closely with their sales team and the client to fully understand NUPAS’s key procurement requirements. Identifying the ‘right’ solution for the client is imperative to speeding up the internal approval process and securing an order in a timely manner for both the client and the supplier.

SAF structured a five-year finance lease, providing an option to either transfer title of the asset to the client at the end of the funding term, or explore the possibility for further upgrades should advances in technology warrant further investment.

Through this solution, NUPAS was able to manage capital expenditure whilst making a tangible improvement to their service provision and patient care through investment in new state-of-the-art ultrasound scanners.

Outcome:

A lack of available capital, or simply managing tight budgets, may restrict investment in and enhancement of direct patient care. In this instance, ensuring NUPAS could access the right solution helped ensure that no compromises were necessary in their equipment upgrade project.

Affordability is key to any investment, which is where SAF’s tailored finance solution allowed them to obtain the equipment they needed through an affordable repayment structure, rather than the equipment that was attainable through outright purchase.