MEDICAL & VET

Medical and veterinary professionals have unique borrowing profiles that specialist lenders actively reward. We arrange practice purchase and goodwill financing, clinical equipment loans, and fit-out facilities for new or expanding clinics. Leveraging preferential lending policies available to the healthcare sector, we secure low-deposit options, favourable LVRs, and structures designed around the growth trajectory of your practice.

Doctors, dentists, specialists and vets are among the few borrowers lenders actively compete for. Several banks and medical-specialist funders will lend up to 100% for a practice purchase or commercial premises and waive lenders mortgage insurance, on the strength of the professions' low default history and resilient income. The common deals are buying into or acquiring a practice, which is largely a goodwill purchase, fitting out new rooms, buying the premises the practice occupies (often through a self-managed super fund as business real property), and equipment finance for imaging, surgical or dental technology.

Lenders read Medicare and health-fund billings, patient or client numbers, the fee-for-service versus bulk-billing mix, and dependence on one or two key practitioners. Location policy matters, since Distribution Priority Areas and Modified Monash categories affect a practice's ability to recruit, which in turn affects value. Corporatisation is reshaping dental, veterinary and some specialties, with consolidators paying strong multiples, which is relevant whether you are buying, selling or defending market share. We know which lenders treat which professions as medical for pricing, how they assess goodwill and restraint clauses, and how to structure premises, practice and equipment debt so they do not cross-secure unnecessarily. We package billings history, the sale or buy-in agreement and a fit-out or equipment schedule, then tender so you capture the high-LVR, LMI-waived, sharp-margin terms the sector is entitled to.