Medical, dental & veterinary practice purchase finance

How can BOQ Specialist help you buy into a practice or clinic?

Are you considering buying into an existing practice? 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.

 

BOQ Specialist practice purchase loan features:
 

  • Borrow up to 100% of the purchase price of an existing practice, or a share in a partnership
  • Choose repayment options to suit your cash flow and tax needs
  • Redraw on your existing goodwill equity for other needs
  • Benefit from our competitive fixed and variable rate options
  • Borrow against goodwill and assets rather than against your home or premises

BOQ Specialist - a division of Bank of Queensland Limited ABN 32 009 656 740 AFSL and Australian Credit Licence no. 244616 (BOQ Specialist). Use of the information contained on this page is governed by Australian law and is subject to the Terms and Conditions which can be read by clicking here. View the BOQ Specialist Privacy Policy by clicking here.

The credit provider is BOQ Specialist. Terms and conditions, fees and charges and lending and eligibility criteria apply. BOQ Specialist is not offering financial, tax or legal advice. You should obtain independent financial, tax and legal advice as appropriate. We reserve the right to cease offering these products at any time without notice.