Specialty Lending offers for Medical Professionals
Medical Professionals and Lending
Medical professionals are very attractive client bases for lenders. As such, they offer exclusive products and offers that are tailored toward the likely needs of medical professionals as the progress through their careers. These offers are usually not available to other business professionals and often include perks such as lower rates, longer interest-free periods and higher loan amounts (LVRs).
They are designed to assist medicos purchase equity in practices, acquire their clinic freeholds or invest in income-generating property that will secure their financial future. Below are examples of some exclusive offers for medical practitioners:
Practice Purchase -Equity/Goodwill
Highlights:
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Purpose: To provide finance for the purchase of or into a practice, refinance of existing goodwill loans, or provide finance against existing business goodwill.
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LVR: Up to 100% for practice or share/unit acquisition, Up to 50% of practice value for Goodwill redraw
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Repayment Type: Principal and Interest or Interest Only up to 3 years.
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Standard Loan Term: 15 Years
Practice Purchase - Freehold or Investment Property
Highlights:
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Purpose: To provide finance for the purchase of or into a practice, refinance of existing goodwill loans, or provide finance against existing business goodwill.
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LVR: Up to 100% for practice or share/unit acquisition, Up to 50% of practice value for Goodwill redraw
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Repayment Type: Principal and Interest or Interest Only up to 3 years.
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Standard Loan Term: 15 Years
Fitout Loans and Equipment Finance
GPs, specialists, multi-partner practices and other allied health professionals can be eligible for loans that will cover all the costs associated with fitting out a new practice such as: building, renovating, painting to new carpets, windows, waiting rooms, new kitchenettes and toilets. Through finance these costs can be spread over time and multiple repayments, representing tremendous benefits to the practice's cash flow. New equipment can also be purchased using asset finance spreading the cost of expensive, cutting edge machinery over time with no money required upfront. There are also potential GST and other tax benefits.
About Capstack
Capstack is a boutique commercial property finance advisory, offering a wide variety of commercial mortgage solutions
by leveraging market insight and unique lender relationships across the full spectrum of commercial property including:
Mulit-family, retail, office, Industrial and mixed-use properties and development projects.
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Capstack actively sources and negotiates commercial property debt terms from our extensive network of bank and nonbank financial institutions, providing our clients with access to the best terms available from across the lending landscape.
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Reach out to us here at any time to discuss further.
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This document is for discussion purposes only and is not intended as financial advice.