- From 6%
- Up to 5 years to repay
- Simple to arrange
- Based on the profitability of the practice
- From 2% above base rate
- Up to 25 years terms
- Finance secured on business or personal assets
- Early repayments without penalty
- Bespoke finance package
- Individual solutions
- Flexible repayment arrangements
- Terms to suit your needs
Talk to Rangewell – the business finance experts
Buying into an existing medical practice can mean a very large investment. At Rangewell, we can use our contacts across the entire UK lending industry to provide the scale of funding you need.
At Rangewell we recognise your professional status, and we work harder to find you better solutions - which can include 100% finance for many of your needs.
Working in a medical practice can be more rewarding if you are a partner. Buying a partnership, or buying the practice outright can be an excellent investment
Buying into an established medical practice is a major step in your career, and it can be very lucrative.
Partner Buy-ins are common with larger practices. They may be an opportunity for an existing partnership to bring in new talent as part of an expansion plan, or provide the most appropriate way for an existing partner to leave the business.
Funding will be required from the joining partner, to support the plans of the practice, or to recompense the exiting partner for his or her hard work in building it up.
With a Buyout, you may acquire the entire practice.
The sums involved will reflect the profitability and potential that the practice can offer, but will be substantial, although a new partner joining as a junior might expect to pay considerably less than someone taking over an entire practice. In both cases, it is essential to find the most appropriate kind of funding solution, and the most competitive rates.
Doctors can call on Rangewell to finance Buy-ins or Buyouts
If you are planning to buy into an established medical practice, many lenders will be happy to lend to you. Your status as a practising doctor represents a good business risk, and you can prove the viability of an existing business with accounts.
But not all lenders will be prepared to offer the most competitive terms or provide the flexibility that you need. At Rangewell we can help find solutions with based on Alternative Funding, or ‘Jigsaw’ Funding plan made up of a combination of financial products.
Call us now to get our medical funding experts working for you.
REAL EXAMPLES OF WHAT WE CAN DO
Source a professional loan to allow a recently qualified GP to buy a partnership in an existing practice
Find the most competitive asset refinance deal to allow a buyout
Help a arrange ‘jigsaw’ funding to acquire an existing practice
Find finance to allow two partners to acquire a large established practice
Produce funding for a buy-in into a prestigious London partnership
Discover our range of finances
Every type of finance for every type of business
Our goal is very simple - to help businesses find the right type of finance as quickly, transparently and painlessly as possible.
Helping you build your profits
Lending tailored to your needsAt Rangewell we can help you find the most appropriate finance for any type of buyout or buy-in.
Funding scaled to your needsFunding solutions are available for your plans whatever the size of business, from tens of thousands of pound to tens of millions.
Cutting the costsWe can help you find the most cost-effective solution for your needs.
Reducing risk with expertiseOur expert teams understand all aspects of business funding. Their expertise works to support you and reduce your risks.
Releasing the value in your businessAsset refinance can help you release the value in the business to help you buy it.
Specialist lendersSome asset funding providers specialise in particular sectors. At Rangewell, we can help you find the most appropriate lenders for your practice.
Download Rangewell’s free and detailed guide to Finance for the Medical Profession
What financing options are there for doctors looking for business finance?
Why not all providers are equal - finding the one that’s right for you
The downsides to finance - and how to avoid them
How to arrange finance - what paperwork do you need?
What funding options do I have for working capital?
Key terms explained
Download your Rangewell Business e-Book
Available in ePub, mobi and .pdf format
There are many forms of business finance available. Getting the most appropriate type for the business needs of your practice is essential.
If you are unable to keep up repayments on a hire purchase or lease agreement, the equipment your practice depends on could be could be at risk.
You may not be able to pull out of a finance arrangement once set up.