The team at Alliance Medical finance have extensive experience with practice finance. Whether you are purchasing your own Practice, buying into a share of an existing Practice or purchasing the building you wish to house your Practice, we have you covered.
Being well versed in lending policies from a vast number of banks allows us to analyse your situation and source funds from a lender that will best suit your current and future needs.
- Our extensive experience of lending to doctors and dentists means that we understand the value of your professional standing and are one of a few banks to lend against goodwill and equipment.
- We can lend up to 100% of the amount you need to buy an existing practice without requiring you to use your home or other property as security. We can also lend you 100% of the amount you need to buy into an existing partnership or increase your share in a practice.
- Existing partners can remain unaffected as we only take a security interest over your share of the partnership. We also offer a redraw facility against tangible assets and goodwill that can free up money for either personal or business needs and we have a range of products to help you pay for other costs related to practice purchases, such as legal fees, conveyancing and stamp duty.
How we can help
- Borrow against the Practice without requiring additional security.
- Lending up to 100% of the amount you need to purchase an existing practice. With no need for your home or other property as security.
- 100% lend to buy into existing Practice to increase your share. Security is only taken over your share of the Practice so existing partners remain unaffected.
- Redraw available over existing assets to help cover legal costs and stamp duty.
- You will have a personal consultant to speak with who will do all the leg work to get your practice purchase finalised sooner.
- Goodwill and equipment can be financed separately.
- Various loan structures available
- Competitive pricing
- Prompt and professional service