Doctors and General Practice as seen as low risk sector by almost all banks and finance providers.  Set out below are the usual options BUT which is right for you will depend on your specific circumstances. Bear in mind there is far more to look at than the headline interest rate. See some examples in our 'Things to Consider' sectio

Becoming partner often involves needing to 'buy-in' to the partnership capital account. The amount will vary and it may be agreed to buy-in over several years by deduction from earnings. Usually however the new partners is asked to effectively pay-in with cash and needs to take a loan to cover.  We can usually source unsecured finance with a variety of repayment options

Around 50% of GP Practices still own their own premises. However, concerns over the future can mean finding finance and a new partner to buy in when partners retire can cause problems. We can provide support with

• Partnership Loans
• Individual Partner Loans
• Partner 'equity release'
• OpCo/PropCo Finance (moving the property into a limited company)
• Sale and Leaseback
• Property Succession Planning

We can also help facilitate a discussion on the best option for your practice and design a pathway to putting that solution in place. 

Mergers can need finance but each case has its own challenges. If property is involved it can become a major issue. We can facilitate discussions about a property strategy and help provide sustainable finance with easier succession for future partners - see above.

Tax demands can cause cashflow issues and recent pension changes have meant some tax liabilities are greater than had been expected. We can help by sourcing tax finance enabling partners to spread the cost over time.

Mortgage providers usually need evidence of consistent earnings via a regular salary.  GP Partners are self-employed and therefore may find it more difficult to prove regular income. We work with specialist providers who understand the healthcare sector.