Practice Purchase Finance

Practice Purchase Finance

Purpose

• To purchase an existing practice or buy a share in an existing practice or group
  
• Product Features
  
• No real estate property required as security
  
• Ability to lend up to 100% of your practice purchase price
  
• Principal + interest & interest only repayment options
  
• Fixed & variable interest rate options
  
• Redraw available1
  
• No application forms to fill out
  
• No annual fees
  
• Finance your Goodwill & equipment separatley

If you are considering buying a practice or purchasing a share of an existing practice, Medfin has the expertise to help.

Medfin removes the hurdles placed in front of you by traditional finance companies. For approved customers Medfin can lend up to 100% of the practice purchase price, without requiring additional security.

The purchase price of your practice is usually determined by a mixture of equipment, Goodwill and stock. With Medfin you can finance your Goodwill separately to your equipment and take advantage of possible tax benefits.

Sometimes finance options are presented in a way that’s difficult to understand. That’s why your Medfin Relationship Manager is always available to discuss in Plain English the different ways to design a repayment structure to suit your budget.