
Statim Finance was established in 1985 to provide an exclusive financial service to the independent pharmacist customers of AAH Pharmaceuticals Ltd. and to make it possible for pharmacists to acquire and develop their own pharmacy.
Since the scheme began we have assisted over 2,500 pharmacists to purchase a pharmacy and currently we have almost £200m under guarantee, underwriting over 1,200 individual pharmacy businesses. This is testimony to our support for the independent pharmacy sector.
We offer a comprehensive support and advisory service and whether you are looking to purchase your first pharmacy, expand your existing chain or undertake a relocation or a refit, then we should be able to help you. (Subject to status).
When you apply for a pharmacy loan, we ask that you complete a simple application form and submit that to us together with some basic financial information. Using our own financial assessment model, we will prepare a cash flow and profit and loss projection for the first 5 years and establish a security value for the goodwill of the pharmacies already owned or being acquired and which will form part of the security for the advance.
This process has proved to be a very accurate guide as to whether a proposal is likely to succeed or not and has helped ensure that the rate of business failure of AAH supported loans has been extremely low.Our method of valuation is based on the profitability of the business as evidenced by the financial information available and assuming a realistic rate of growth and financial return.
We make this a priority. Any information provided to us remains totally confidential so you need have no concerns about discussing your business with us.