Specialist funding for the Professions sector
Unsecured Practice Loans
Our unsecured practice loans can be used for almost any business purpose and as it’s not secured against any business or personal assets, there is minimum risk for the practice or the borrower.
Benefits of Practice Loans Include:
- Existing banking arrangements will not be affected
- No deposits or prepayments required
- Loans are tailored to your individual requirements
- Repayment and interest charges are fixed for duration of the loan
- Repayment and interest charges scheduled over agreed period (from 6 months to 5 years)
- Funds are paid directly into your practice by cheque or BACS
- The loan can be used for practically any purpose
We can provide loans for purposes including:
- Practice acquisition
- Partnership buy in/out
- Practice mergers
- Professional Indemnity Insurance
- Tax Liability
- Expansion or relocation
- Office refurbishment
- Office equipment and furniture
- IT Hardware and software
