Buying a Practice
Acquiring a practice entails substantial decision-making and navigating through a complex process. Depending on your unique situation, a myriad of finance options awaits consideration.
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So, which solution best aligns with your needs? This is where we step in, elucidating each finance option in straightforward terms, before steering you towards a solution that bolsters your cash flow during the pivotal phases of practice ownership.
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Practice purchase loan may have the following features:
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1. Borrow up to 100% of the purchase price of an existing practice, or a share in a partnership.
2. Secure against goodwill and equipment, rather than against your home or other property.
3. Any existing partners may remain unaffected.
4. Flexible loan terms and interest-only periods.