We can shape practice finance to meet your needs.
Do you have a dream of owning your own private practice? Has it been your ambition to buy into an existing practice or clinic? Our extensive experience of lending to doctors, dentists and vets means that we understand the value of your professional standing and are able 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 has a long-standing affinity with your aspirations and is therefore uniquely placed to help you realise them.
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
We have a range of medical, dental and veterinary equipment finance solutions. Whether you lease, hire or buy, BOQ Specialist can help you.
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.