The short answer is: yes… and no. If you’re a sole trader or in a partnership, lenders may be open to releasing funds you’ve built up within the business, such as your sole trader capital account or partners’ current accounts, for residential property related purposes. The...
Purchasing an established private medical practice can be a transformative step in your career. Whether it is a clinic where you already practise or a complementary healthcare business, acquiring a medical practice allows you to take control of your income, growth and long-term financial future. However,...
Are you renting your current premises but keen to move your healthcare business to a new freehold location? Making that move is exciting—but sometimes not straightforward. If the perfect property comes on the market, you may need to act fast to secure it. Yet there are...
Are you concerned about the financial burden of taking on unsecured debt for your loan and being liable for the existing practice lending? We understand that this is a common reason for hesitation when considering becoming an equity partner. However, there is an alternative approach that can...
As a dental practice owner, it can be challenging to find the time to assess your financial arrangements. The loan is in place, and you're making the repayments, so everything seems fine, right? However, there are a number of lenders within the healthcare market that are...
Keep your existing finances in order One of the first things banks look at is how you manage your current finances—both personal and business. Even small issues like unpaid items or referral charges on your personal bank statements can raise red flags. A bank may...