PrimaryCare Finance Consultancy Limited

Specialising in premises finance and re-finance plus partner buy-in and support for mergers

Opening Hours: 8am - 8pm, Mon - Fri
Operates: Nationwide
Providing independent support to primary care businesses looking for finance.
  • Financial Advice
  • Surgery Premises Development & Investment
  • Loans
logo

Address:

PrimaryCare Finance Consultancy Limited

17 Glebe Field

Lower Almondsbury

Bristol

BS32 4DL

Telephone:

07802 750707

Website:

PrimaryCare Finance Consultancy Ltd was established by Ian Crompton to provide independent support to primary care businesses looking for finance.

Ian worked for Lloyds Bank for 43 years with the last 15 dedicated to the HealthCare sector. He  established what became an award winning team; winning the GP Awards 'Financial Advisers of the Year' for six consecutive years.  Ian also personally won the 'Most Influential Banker in HealthCare' award from Health Investor.

Ian' aim has always been to understand the sector and then what you, the clinicians, and your practices need. The primary objective is to support you with the banking and finance side of your business leaving you to get on with delivering great care and service to your patients.

Ian has supported many practices and businesses over the last 15 years including some of the biggest GP mergers seen to-date,  finance and refinance of surgeries and partner buy-ins. 

Finance Options

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

Partner Buy-In

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

Surgery/Property Finance

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

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 Loans

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.

Personal Mortgages

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.

Other company information
Email: [email protected]
Established: 2020
Full Company Name: PrimaryCare Finance Consultancy Limited
UK Company Number: 12677213
Recent Reviews
review-icon
5 7 Review(s)
- Add Review

Practice Manager Reviews:
PrimaryCare Finance Consultancy Limited
PrimaryCare Finance Consultancy Limited - by , 04 June, 2021
5 5stars
Ian was very responsive and approachable. The advice was tailored to my needs and validated with a good understanding of the markets. I received a rapid response with answers that helped me make a quick and informed decision. I highly recommend Ian
Rating
Ian was very responsive and approachable. The advice was tailored to my needs and validated with a good understanding of the markets. I received a rapid response with answers that helped me make a quick and informed decision. I highly recommend Ian
Verified Review
Review by Lorenz, GP Partner in Oxon on 4th June 2021
PrimaryCare Finance Consultancy Limited
PrimaryCare Finance Consultancy Limited - by , 22 April, 2021
5 5stars
I would not hesitate to recommend Ian Crompton at Primary Care Finance, he is knowledgeable and approachable, his unbiased advice was very useful in guiding our decision making and ensuring we got the best deal possible for renewing the practice mortgage. He was prompt and professional in all correspondence and eased a lot of the concerns we had when remortgaging.
Rating
I would not hesitate to recommend Ian Crompton at Primary Care Finance, he is knowledgeable and approachable, his unbiased advice was very useful in guiding our decision making and ensuring we got the best deal possible for renewing the practice mortgage. He was prompt and professional in all correspondence and eased a lot of the concerns we had when remortgaging.
Verified Review
Review by Matthew, GP in Gloucester on 22nd April 2021
PrimaryCare Finance Consultancy Limited
PrimaryCare Finance Consultancy Limited - by , 01 March, 2021
5 5stars
Highly recommended. Ian has been fantastic. Efficient, prompt to reply, extremely knowledgeable and found us a great rate. He is not pushy but ensured that the process moved forward at a speed the partners were happy with.
Rating
Highly recommended. Ian has been fantastic. Efficient, prompt to reply, extremely knowledgeable and found us a great rate. He is not pushy but ensured that the process moved forward at a speed the partners were happy with.
Verified Review
Review by Joy, Business Manager from London on 1st March 2021
PrimaryCare Finance Consultancy Limited
PrimaryCare Finance Consultancy Limited - by , 29 September, 2020
5 5stars
I can not recommend Ian more, he was knowledgeable, efficient, extremely prompt to respond to queries and most importantly is saving us a really good amount of money. Thank you for your help Ian.
Rating
I can not recommend Ian more, he was knowledgeable, efficient, extremely prompt to respond to queries and most importantly is saving us a really good amount of money. Thank you for your help Ian.
Verified Review
Review by Charlotte, GP Partner in Belmont on 29th September 2020
PrimaryCare Finance Consultancy Limited
PrimaryCare Finance Consultancy Limited - by , 14 August, 2020
5 5stars
Throughout the process Ian was always contactable and responsive - it was clear that Ian's knowledge and experience of the Healthcare sector is second to none. He worked quickly and efficiently and was able to provide me with all the relevant options and information to enable me to make an informed decision. He always offered the chance to talk things through, and balanced sharing his own expert insight with respecting my autonomy. He has also seen the whole transaction through with me from start to finish, being copied into numerous emails with the provider! His support throughout what can be a daunting process navigating through the different options was invaluable. If you are after a bespoke personal service I would absolutely recommend Ian and his services.
Rating
Throughout the process Ian was always contactable and responsive - it was clear that Ian's knowledge and experience of the Healthcare sector is second to none. He worked quickly and efficiently and was able to provide me with all the relevant options and information to enable me to make an informed decision. He always offered the chance to talk things through, and balanced sharing his own expert insight with respecting my autonomy. He has also seen the whole transaction through with me from start to finish, being copied into numerous emails with the provider! His support throughout what can be a daunting process navigating through the different options was invaluable. If you are after a bespoke personal service I would absolutely recommend Ian and his services.
Verified Review
Review by Sam, GP Partner in Eyam on 14th August 2020
PrimaryCare Finance Consultancy Limited - by , 11 August, 2020
5 5stars
Can't recommend Ian highly enough. He gets General Practice, is flexible, knowledgeable efficient and certainly no hard sell.
Rating
Can't recommend Ian highly enough. He gets General Practice, is flexible, knowledgeable efficient and certainly no hard sell.
Verified Review
Review by Riaz, GP Partner in London on 11th August 2020
PrimaryCare Finance Consultancy Limited - by , 05 August, 2020
5 5stars
Efficient, Honest and Reliable. Ian managed to promptly find us a competitive deal, completely transparent from start to finish, and all completed within our tight timeline which I never thought would happen. Thank you - would definitely recommend to colleagues and use again in the future.
Rating
Efficient, Honest and Reliable. Ian managed to promptly find us a competitive deal, completely transparent from start to finish, and all completed within our tight timeline which I never thought would happen. Thank you - would definitely recommend to colleagues and use again in the future.
Verified Review
Review by Angad, GP Prinicipal in Southall on 5th August 2020

Please note, we only accept reviews from Practice Managers, GPs and surgery staff.

  1 star 2 stars 3 stars 4 stars 5 stars
Rating
  • Click stars to rate
Only your first name will be published next to your review, never your full name or your practice name.
Your email address will not be made public and will not be used for marketing purposes.