Buying a second site for your Physiotherapy practice

With a successful physiotherapy practice, you probably have patients who find it difficult to travel to see you. Those with mobility issues face particular challenges.

You might also find that you could treat more patients if you had additional facilities close to a gym.

Opening a branch which might let you work from another location for a few days a week, or set up for a junior partner, might increase your patient list and grow your profits. But how can you find the funding to make the necessary investment?

At Rangewell, we work with healthcare professionals across the country. We can help you use your special status to get up to 100% funding when you want to expand your business.

A Commercial Mortgage to buy your new physiotherapy premises

Premises will probably be the first major cost you need to deal with. As an experienced business owner, you know the kind of location and facilities you need. You may have the choice of a long-term lease or buying with a Commercial Mortgage. These work like a residential mortgage, and can be used to help you buy a surgery, or even an existing practice, as a going concern.

Equipping your new physiotherapy branch

There are ways to provide the equipment you need, and spread the cost with Asset Finance. Asset Finance is a broad term that covers a range of funding solutions, from Hire Purchase - to let you acquire equipment straight away with a single deposit payment - to Leasing - which works much like a rental agreement.

‘Jigsaw’ Finance for your new physiotherapy practice

Acquiring a branch for your physiotherapy practice may mean a range of  funding requirements that don’t fit a single solution. We can provide Jigsaw Funding - a bespoke package made up of the most appropriate funding for each purpose. So you could have Asset Funding for equipment, a Secured Loan or Commercial Mortgage to acquire premises, and a cashflow solution based on a Merchant Cash Advance, funded by your card takings. We have found that it can help people ready to make the most of their business, access a higher level of funding that could be provided by a single finance option - and reduce costs.

At Rangewell, we know the lenders that offer the most attractive funding solutions. We work with you to understand your business plans, and help you find the funding - from specialized products to simple secured and unsecured loans that meets your needs. We can find the most competitive rates for all types of finance.

Simply call us. Our experts are ready to help.