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Accelerate Your Innovation with Financing and Leasing Solutions

By 02.24.2023
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Funding your innovation

Assay developers understand that the research, testing, and optimization required for commercialization is not easy. In addition, many small and growing businesses in this space discover that securing stable funding to bring their product to market can also be a challenge.

Acquiring the right financing can be costly, time consuming, and complex for those in any business stage. Efforts to gain funding could mean applying for many small business loans and seeking other methods of private funding.

Financing options that fit your business needs

Thermo Fisher Scientific’s Financing and Leasing Solutions program is designed to help innovators of all sizes and stages. With fair market values, one-dollar buyout structures, and contract terms extending from six months to five-plus years, you are likely to find a solution that makes sense for you.
Benefits of the Financing and Leasing Solutions program include:

  • Option to defer lease payments to allow for more significant revenue generation, new budget cycles, and more. *
  • Options to delay payments and make a balloon payment at term’s end, or to make monthly payments for up to 180 days.*
  • Take advantage of a simple approval process that can potentially provide a bridge for your current budget or grant funding.
  • Incorporate flexible service and support options to protect your investment while simplifying your payment structure.
  • Gain access to award-winning support through service plans that offer a dedicated point of contact and an on-site engineer.
  • Utilize one contract that includes all components needed for equipment use with the option of either a fixed or variable payment plan over an extended time.

Master convenience for greater efficiency

If your path forward towards commercializing your innovation doesn’t include instrument ownership, you may be interested in The Managed Equipment Solution (MES) option.

The MES provides a comprehensive option that includes everything from laboratory equipment to analytical technologies, including instrumentation, extended service, software, consumables, and other related operating costs like training, qualification, and application support. This is a tailored customized subscription service that can fit your technology needs to help:

  • Reduce capital expenditures by allowing you to use your operating budget to address immediate analytical, research, or production requirements.
  • Streamline the procurement process by consolidating multiple purchase orders and contracts into a single agreement on a fixed, predictable payment plan.
  • Secure 0% interest on service contracts and offer both long and short-term lease options. *
  • Protect against obsolescence by giving you access to our newest technologies, applications, and scientific best practices.

Expedited funding options are also available when applicable through a Master Lease Agreement.*

Stay competitive with cutting-edge tools

The Financing and Leasing Solutions program offers the ability to attain our most current technology available, which could keep you ahead of your competition. This is through its unique upgrade plan called the Technology Refresh Program.

The Technology Refresh Program allows you to trade-in your instrument(s) every few years while streamlining the procurement process with comprehensive subscription solutions. This option can even be transferred from a lump sum into a short-term monthly installment program.  Then, when you’re ready, Thermo Fisher will work with you to upgrade – with your budget requirements and original lease payments in mind.

The Technology Refresh program offers:

  • The ability to upgrade to new technology after 2-3 years
  • A significantly lower cost of acquisition
  • Reduced concerns regarding upfront capital outlay and depreciation schedules
  • Extended service agreements

This program can be leveraged to access the equipment and technology you need in order to help move your business into new areas of testing, help ensure regulatory compliance (i.e., IVDR), take advantage of technological advances, or even to add more instruments.

Get advice you can trust

When you participate in the Financing and Leasing Solutions program, not only do you receive help financing your development, but you also harness the power of an established science supplier allowing you to focus on your goals. In addition, you receive a dedicated point of contact experienced in navigating the challenges of commercialization.

Flexible Financing is a Partnership-Based Solution

Thermo Fisher’s history of financial stability and reputation as a world leader in serving science helps ensure peace of mind for thousands of businesses like yours. The benefits of the Financing and Leasing program extend beyond the economics of sourcing, strategic support, service, software and more. This program can enable you to focus on doing what you do best, because you know you have a partner invested in your success.

Are you ready? Find out how this program can fit into your go to commercial plan. Contact one of our Business Development Managers to get started.

*This is available only to customers in Austria, Belgium, Canada, Croatia, Czech Republic, Denmark, Finland, France, Hungary, Ireland, Italy, Germany, Greece, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, and the United States (excluding Puerto Rico) who acquire manufactured products and service plans from Thermo Fisher Scientific or its affiliates. Some exclusions may apply. This will only apply to approved applicants who sign a Thermo Fisher Financial Services contract that is received by Thermo Fisher Financial Services. Customers must submit a Thermo Fisher Financial Services credit application and be approved for credit. Interest rates vary based on credit rating. Not all buyers may qualify for credit approval. Determination of eligibility is at the sole discretion of Thermo Fisher Financial Services credit committee. Financing shall be subject to contract terms and conditions. Cannot be combined with other discounts or promotions. Offer void where prohibited, licensed or restricted by federal, state, provincial, or local laws or regulation or agency/institutional policy. Offer subject to change without notice. Other restrictions may apply.

 

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