Practice Ownership: A Finance Overview
A general introduction to the finance considerations involved in buying into or starting a medical practice.
Common finance needs when buying a practice
Buying an existing practice, buying into a partnership, or starting a new practice from scratch each come with different finance needs — from a practice purchase loan, to fitout finance for a new space, to equipment finance for clinical equipment.
Lenders assess practice purchases differently to standard business loans in many cases, often taking into account the relative stability of medical and allied health income when structuring finance.
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Questions worth asking a broker
How many practice purchases have you helped finance in the last 12 months? Which lenders on your panel have policies specific to medical professionals? Can you help structure finance across multiple needs (property, fitout, equipment) at once rather than separately?
This page is general information only and not personal financial advice. Confirm current details directly with a broker, lender, or the relevant government or professional body.