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.