What is your side of the deal?

UniChem recognise that we are not the only wholesaler in the UK offering a loan guarantee scheme to our customers. However, we believe that the combination of our competitive rate, lower fees and knowledge and experience of the sector mean that we remain the market leader.

However, for pharmaceutical wholesalers to continue offering such schemes, it is essential that customers understand the requirements which are placed on them. In effect, this is your side of the deal -

• UniChem do not expect pharmacists to purchase all medical and counter products through ourselves. However, we do insist that customers benefiting from this low cost source of finance commit to purchase a minimum of 70% of all products which the UniChem Group could be reasonably expected to supply.
• Purchases from OTC Direct Limited, a competitively priced short-line wholesaler which is part of the UniChem Group, are included as part of the customers contribution towards meeting the 70% spend target.
• Your UniChem trading account must be conducted on 30 day payment terms.
• You must provide financial statements both at the initial processing stage and annually thereafter.
• All monthly repayments of interest and capital to the bank must be made on a prompt and timely basis.