Finance for the acquisition of a dental practice is not as readily available as it once was. Consequently, careful analysis of the proposition is required before the submission of a presentation to a lender or combination of lenders. MediClub’s considerable experience in this area can assist in identifying the commercial viability of a particular practice, as well as sourcing the most appropriate type of funding.
We have extensive lending connections and pride ourselves with how we assist you in structuring your finance in the most cost effective and tax efficient manner. A concern unlikely to be shared by most lenders. It is generally advisable to structure one’s commercial borrowing over as long a period as possible, not only to maximise one’s tax relief but also for budgeting purposes and ease of cash flow. It is invariably easier to accelerate reduction of one’s debt when times are good than it is to extend one’s credit in times of difficulty.