Dental Practice Finance

Finance your dental practice

Purchasing a dental practice takes commitment and time. Things like your career history, experience in the sector and deposit will all be looked at.

It can seem daunting, especially for first-time buyers, but our specialist healthcare division are an experienced team who have arranged finance for multi-million pound practices, as well as the smaller ones.

If you’re unsure about due diligence checks or are an experienced owner and just want to add to your portfolio, we can help.

What is dental practice finance?

For dentists wishing to set up and grow their own practice, specialist finance products provide the support necessary to manage cash flow and protect capital, allowing for smoother day-to-day business operation, and making your business goals more achievable.

Commercial mortgages, commercial property finance, and equipment finance offer great advantages and are all geared towards meeting a business’s unique needs rather than being a generic funding option.

Our healthcare team delivers finance for a range of assets in the healthcare industry across the UK.

What types of dental practice finance are there?

Commercial mortgages: Purchasing a business property outright is financially prohibitive for many businesses but a commercial mortgage can facilitate the first step in opening your own dental practice. You typically need a deposit of around 25 per cent of the property’s value, and then make monthly repayments for the mortgage term.

Property development finance: Property development finance allows developers to fund project when finance is needed. This is an ideal solution for any dental practice owner wanting to expand or move from their current property, with this method of financing including bridging loans, mezzanine finance and joint debt and equity, property development finance is allows development to commence even when the necessary capital isn’t available.

How dental practice finance works

Thanks to our relationship with multiple banks and lenders, we can provide tailored financial solutions that align with your business development goals. The process of securing the finance is often quick, outlining the necessary information on the financial process being undertaken. Once the deal is agreed, you will gain the full amount and will pay the set monthly payments with interest over the term period.

Benefits of dental practice finance

Budgeting: By stating the initial amount being put down, as well as the monthly payment amount, this allows for your business to consider the finances involved in future planning.

Specific to your business: You can decide the solution which fits your business best, the term length and the initial payment made.

Cash flow: Dental practice finance allows for the development to your business to commence without risking potential cash flow issues that may arise if a higher initial sum was placed to fund the development.

Is dental practice finance right for your business?

Dental practice finance offers a wealth of options for various aspects of buying a dental practice. Importantly, you can protect your business capital throughout, regardless of whether you want to purchase premises, merge with another practice, or fully equip your clinic.

Applying for dental practice finance

MAF Finance Group can compare financial options provided by a selection of bank and lenders to identify the one that aligns with your business.

If you would like to get a quote to receive further information, simply fill out the form below and we will be in contact. If you would like to speak on the phone to one of our team, call us at 0115 958 6872 and we will be happy to speak to you. Otherwise, you can email at [email protected].