- Day-to-day banking
Day-to-day banking
Our day-to-day banking services cover everything you need to run your company finances, from accepting credit card payments to paying your bills.
- Finance
Finance
At Santander, we understand that to expand your operation you need access to finance. Here you’ll find a range of options suited to short and long-term needs.
- International trade
International
We’re focused on bringing a fresh perspective to businesses with ambitions to grow beyond traditional markets.
Our extensive local networks and knowledge around the world means we’re ideally placed to support your international trade plans. Let us help you uncover the path to international success.
- Sectors expertise
Sector expertise
Our sector specialists are here to help you prosper.
We understand the complexity and evolving needs of businesses in a wide range of industries. Our experts will work with you to help turn your aspirations into reality.
Insight & events
Read the latest Santander news, market developments and insights, as well as register your interest to attend our events held across the UK.
Pharmacy Sector
Pharmacies are at the heart of high street healthcare, and we understand the complex pressures facing this sector.
Our tailor-made products and services can help your business to reduce these pressures and achieve financial objectives.
Pharmacies play an essential role in promoting wellbeing and health in communities across the country. It’s no secret that the UK Government sees them as an important way of improving the range of health services accessible to the public on the high street.
Managing your day-to-day finances
With the unpredictable nature of payments from the NHS Prescription Pricing Division, pharmacies often need specialist cashflow help. We offer invoice finance to unlock the value of your NHS FP34cs, and can forward up to 90% of the value of those invoices within 24 hours. The remaining value, less a service fee*, would be paid to you once your customer pays.
*Service fee is quoted either as a percentage of the volume of invoices submitted for financing, or as an annual flat fee which is charged monthly on a pro-rata basis.
All lending is subject to status and our lending criteria. The right to decline any application is reserved.
Helping UK high street pharmacies to prosper
What you can expect from us
- An understanding of the pressures facing pharmacies
- An appetite to help businesses grow
- A commitment to building long-term relationships and understanding the needs of your business
- Dedicated Relationship Directors provided through our growing network of regional banking centres.
Products and services
- Cashflow solutions like overdrafts and term loans
- Invoice finance to unlock the value of NHS prescription businesses.
Note: Overdraft facility is available to Business Current Account-holders. Overdrafts and loan applications are subject to status and terms and conditions. The right to decline any application is reserved.
Available to
All high street and pharmacy businesses from single site operations to larger chains.
Brothers Colin, Tony and their sister Fiona Dang purchased their first pharmacy in Coombe Road, Brighton at the beginning of 2015 with the help of £385,000 from Santander.
Realising your expansion plans
We look to support your growth ambitions through acquisition loans, whether you’re a first-time buyer of a high street pharmacy business or large chain.
If you’re looking to buy equipment or fit your premises with specialised installations, we can draw on our asset finance expertise to help meet your needs.
