Chat to an adviser online about professional practice loans now
With so many options in the marketplace, finding the best deal is almost impossible, thats why you should be speaking to us, our systems and contacts allow us to search through the whole marketplace for the very best deals and rates. Talk to one of our professional practice loan advisers online now and request a free quotation.
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To visit our dedicated professional practice loan website please click here
Special
loan facilities are available to both individual professionals
and firms. Loans can be used for a variety of purposes including
buying into a practice, purchasing a block of fees or complete
practice, buying out a retiring partner, refurbishing premises,
restructuring etc Lenders seem to be very keen to fulfill
requests for practice loans as professionals generally generate
a good income and therefore are in an excellent position
to repay any monies borrowed. |
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Special
loan facilities are available to both individual professionals
and firms.
Loans can be used for a variety of purposes including buying
into a practice, purchasing a block of fees or complete practice,
buying out a retiring partner, refurbishing premises, restructuring
etc Lenders seem to be very keen to fulfill requests for practice
loans as professionals generally generate a good income and therefore
are in an excellent position to repay any monies borrowed.
About our professional practice loans:
A loan package for professionally qualified people who
need funding to work in private practice.
Repayment combinations tailored to meet individual partners needs
Capital repayment holiday option that allows only interest payments
to be made for up to 2 years.
Please note, following a capital holiday your repayment instalment(s)
will be increased to include that element of capital which would
ordinarily have been repayable during the holiday period.
Loans available from £5000 depending on the method of repayment
chosen with repayment terms available up to 25 years or retirement
age (usually 60)
The
Key benefits of our professional practice loans
Set up a new practice
Buy or improve an
existing practice
Buy into an existing
practice
Increase your share
in the partnership
Purchase equipment
Refinance existing
borrowing
How does a business loan work?
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You can decide on either fixed
or variable interest rates for repaying your loan. A fixed
rate will give your business protection from interest
rate fluctuations and allow you to forecast your repayments
and cashflow more accurately. |
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A variable rate will mean that any movement
up or down in the money market interest rate will have a similar
effect on your company's interest repayments. Typically, there
is no charge for arranging most loans, nor are there penalties
for early settlement in cases where the interest rate is variable.
However, if the interest rate is fixed, charges and penalties
can be incurred. |
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In certain cases you may postpone the payment
of the capital amount, i.e. pay the interest only, for a period,
to better suit your cashflow requirements. |
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You can choose the term of your
loan over a set number of years, to suit your business's circumstances. |
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You can choose the repayment frequency
of the loan i.e. the number of times within the term you repay
the loan, such as every month, every quarter etc. |
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Multi-currency loans are available. |
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Security may be required for business
loans. Each case is judged on its own merits. |
Professional Practice Loans
If you would like more detailed information on professional practice loans and short to medium term loans, we have two websites to recommend to you, firstly the loans website Professional loan or the banking finance website Move Your Account
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Fast
professional practice loans
