Access to a Suite of Lenders
We can usually obtain finance for most professional practices within 24-48 hours.
Fixed Rate Practice Loans
Make a success of your business with an Unsecured Fixed Rate Practice Loan.
Whatever your profession, our unsecured practice loan can be used for almost any business purpose. As the loan is not secured against any business or personal assets, there is minimum risk for the practice and the borrower.
Benefits of Our Practice Loans Include:
- Available for a wide range of purposes.
- You decide the exact amount needed for your practice.
- Repayment and interest charges fixed for duration of the loan.
- Improved cash flow.
Contact us today for a quotation or more information – we have years of experience and a proven track record for arranging practice loans for most professions.
Is your tax bill giving you a headache?
A tax funding loan can help you spread the cost.
Our tax funding rate is highly competitive and can be taken over 6 to 12 months, depending on your requirements.
Benefits of Tax Funding
- Manageable instalments over 6 to 12 months.
- Unsecured, fixed rate loan for a fixed term.
- Improved cash flow.
- Rolling facility available for current and future tax bills.
- Your tax bill will be paid on time, avoiding HMRC penalties.
Spread the cost of your tax liability by calling the specialist team at Synergy Professions today – we can give you a decision in as little as 24 hours.
VAT Funding Loan
If like many practices your cash flow is strained every quarter with the outflow of VAT, you could take advantage of our exclusive VAT Funding loan and release some important working capital.
Developed solely for professions, our VAT funding loan will allow you to utilise your working capital in other significant business areas.
Benefits of Our VAT Funding Loan
- Spread your VAT payments over 3 to 12 months.
- Maintain cash flow for other areas of your business.
- Decision within 48 hours.
- Competitive rates.
PII Premium Finance
Synergy Professions is a leading finance provider and we can help spread the cost of your Professional Indemnity Insurance premium.
Our PII premium loan rate is highly competitive and starts from as little as 4.95% and can be taken over up to 24 months, depending on your insurance policy.
Why finance your PII premium?
- Unsecured practice loan
- Quick turnaround & credit decisions made in 24 hours
- Simple repayment plan
- Repayments terms to mirror your insurance policy of between 6, 10, 18 or 24 months
- All documentation submitted to you electronically
- Option to pay you or your insurance broker directly
PII is an essential cost to your Practice as you can’t operate without it. Synergy Professions can assist you in spreading the cost of this premium with a financing facility which enables you to pay the PII premium over up to 24 months.
Synergy Professions can assist you today if you would like to finance your PII premium in monthly instalments rather than one lump sum. Therefore preserving your working capital.
For those in the legal sector then we can assist with funding with a Practising Certificate loan at the same time.
For advice and guidance regarding your PII, contact The Law Society’s PII Advisory Service.
Aged Debt Funding
We have over 30 years industry experience working with barristers and solicitors so we understand that long lead times can have a negative impact on cash flow.
Aged debt funding is a useful tool to release cash locked into your debtor list and we have developed a fixed rate loan that is unsecured with repayments to suit your budget.
Benefits of Age Debt Funding
- Fast and easy way to ease your cashflow.
- Fast turnaround time.
- Loans are tailored to meet your requirements.
- No deposits or prepayments required.
- Repayment and interest charges are fixed for the duration of the loan.
Synergy Professions have developed a dedicated route for solicitors and barristers to secure aged debt funding and with a quick turnaround in 48 hours, we will ensure you have the funds when you need them.
Loan Calculator a quick and easy way to calculate your monthly repayments
(please note: the figures provided by this calculator are for illustrative purposes only.
It does not constitute an offer of finance.)
Sale and Leaseback
Sale and Leaseback enables you to raise funds against equipment which you already own, thereby releasing capital back into your practice.
Sale and Lease back facilitates an immediate cash injection into your company whist releasing capital from depreciating assets.
If this is something that interests you, please contact us today for more information.
Leasing and Equipment Finance
This method of finance allows you to spread the cost of an asset over its lifetime. As a result, you will experience cash flow benefits as well as providing an additional line of credit.
If the asset has a value over the proposed term of the lease, then we can fund this.
Please contact us today for more information.
Practice Acquisition Loans/Partner Buy In/Buy Out
If you are looking to acquire a new practice or want full ownership of a company, we can help you achieve your commercial growth objectives by tailoring a finance solution to meet your needs.
Talk to our knowledgeable specialist team today to see how we can support your business.
REQUEST A CALL BACK.
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