VN August 2023

Vetnuus | August 2023 18 Who and what is MediCoop? MediCoop is a “next generation” medical cooperative financial institution, providing investment, savings, and finance solutions exclusively to medical professionals, healthcare workers, industry stakeholders, and related parties. We are regulated and licensed by the Prudential Authority under the South African Reserve Bank as a deposit-taking institution and registered credit provider. Our clients are our members, and our members are our shareholders. We are dedicated to the healthcare industry and thoroughly understand the requirements of the sector. Membership is limited to the Healthcare and Medical industry. The South African Veterinary Association shares a “common bond” withMediCoop , which means SAVA members and registrees of the South African Veterinary Council are eligible to become MediCoop members. MediCoop offers an Equipment Finance Solution to assist newly qualified veterinarians who want to set up their practice and meet their growth objectives. Our flexible equipment rental finance solutions can help you deal with equipment obsolescence, match the rental expense from income generated and preserve cash flow. MediCoop offers various structuring options to suit your business requirements along with regular technology replacement cycles for high-end users and flexible end-of-term options. Benefits of MediCoop’s Equipment Rental Finance Solution • You have access to state-of-the-art equipment, which might be too expensive for you to buy at the outset • You can maintain regular technology upgrades • Scalability – it is more affordable to expand as you grow • Cheaper than delving into your own capital or traditional financing options • Your cash is preserved and redirected toward core activities • Off-balance sheet finance • Your monthly payments are tax-deductible • Flexible payment and end-of-term options Our Alliance Network is your catch net MediCoop’s Alliance Network forms a support structure of expertise to assist you in your career and journey ahead. These services include long-term investment and wealth expertise, practice management services, bookkeeping and auditing, financial and administrative planning, risk management, staff requirements, and compliance in the workplace. We encourage a savings culture amongst our members and provide guidance on making smart investment decisions. Our investments and savings accounts are structured around specific industry needs and truly offer some of the best options and interest rates in the market. MediCoop is growing exponentially providing financing solutions to our members, contributing to transformation in the industry, and addressing the healthcare challenges of SA. “Finally we have a bank that understands our needs” – Prof. Marthinus Hartman Prof Marthinus Hartman is a legend in veterinary surgery, having made headlines in 2017 when he was the first veterinary surgeon in South Africa to perform laparoscopic surgery on lions and cheetahs. Introducing MediCoop Renowned veterinary surgery training hospital in the making