Financing the purchase of a practice is a specialist area of financial services and it is wise to go to those who understand how your practice works.
We can put you
in touch with the right funders to make
sure the acquisition process runs smoothly.
Often with the purchase of a small practice
an outline offer of finance can be made
on providing a copy of the latest targets
accounts and the completion of a personal
asset/liability statement by the Principal/Partners.
This being subject to completion of
the loan application form and credit
checks.
In many situations
the lending is unsecured at very competitive
interest rates. Lenders are keen to
finance professional practices as they
view them as lower risk than other businesses.
Typical examples
of borrowing
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