Funding for Dentists to buy a competitor

Grow your patient list and biuld your profits

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Talk to Rangewell – the business finance experts

Buying a competitor may be the best way to grow your dental practice - but it 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.

Are you a Dentist running a successful practice? How can you take your dental practice to the next level? The solution could be to acquire a competitor.

You may be able to double your patient list and turnover, substantially increasing your profits, and make important savings from scaling up your operation. But if it is worth buying, the dental practice you want will be expensive - you will be dealing with costs of £100,000, and more in many regions.  How can you find the funding to make the necessary investment?

At Rangewell, we work with dentists across the country. We can help you use your special status to get up to 100% funding when you want to buy a competitor.

Using a Goodwill Loan

You may feel that you cannot simply withdraw money from your existing practice. Reducing your working capital would cause problems with cashflow and jeopardise its future.

. A Goodwill Loan, also known as a Capital Withdrawal Loan or Cash Out, can let you access the value in your business without withdrawing funds from it.

It lets you use the goodwill built up in your practice as the security for a loan. It can bring you a sum comparable to your annual turnover, probably in excess of  £500,000, with repayment terms of up to 15 years.

Goodwill Loans are particularly suitable for dentists as they recognise your professional status with very competitive rates.

Raising funds with a Commercial Mortgage

If you own the premises where your current practice operates, you may be able to remortgage them to raise the cash you need to buy a competitor. Commercial Mortgages work much like a residential mortgage and can be used to provide a high level of funding with up to 20 years to repay.

Secured loans

Secured Loans can provide a high level of funding, with rates that can be as low as 2% above base rate, and ten or more years to repay. They are secured because they are supported by security, such as your existing premises or your home, that the lender can take and sell if you became unable to make repayments.


Unsecured loans

Unsecured business loans are a straightforward way of borrowing, and operate much like a personal loan which can be used in any way you wish. The loan is repaid in monthly or quarterly installments over an agreed term under 5 years.  

‘Jigsaw’ finance

Acquiring a competitor dental 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 type of business funding for each purpose. 

The finance you need to buy a competitor

Many lenders will be happy to work with you - but not all will be able to offer the most competitive solutions.

That's why you need Rangewell. We will work with you to understand your business plans and use our expertise to help find the funding that meets your needs when you want to buy a competitor. 


To find out more about setting up the finance you need to buy a competitor simply call us. Our experts are ready to help.

REAL EXAMPLES OF WHAT WE CAN DO

  • Help arrange a 100% loan for a dentist, as the basis of an acquisition plan

  • Find a lender to provide a commercial mortgage to acquire a business

  • Help arrange jigsaw funding for every stage of an dentist’s expansion programme

  • Find the most effective source of funding to support an dentist's expansion plans

Meet real dentists who we have helped

The more patients you can treat, the more turnover you can enjoy - buying a competitor helped me double ours.
Rangewell showed me the solutions.
I wanted to grow the practice - but I’d run out of space and hours in the day.

Helping you build your profits

Funding tailored to your needs

Funding can be drawn together from several sources and tailored to your needs.

Funding that recognises your status

As a professional practice owner, you maybe able to enjoy preferential rates for borrowing.

No need for extra security with Goodwill Loans

Goodwill Loans are secured on the future performance of your practice - there is no need to put your assets or possessions at risk.

Covering all the costs with jigsaw funding

We can help you arrange bespoke funding tailored around your needs.

Early repayment options

Some loan providers will accept early repayments, reducing the total cost of your borrowing.

Cutting borrowing costs

At Rangewell we search the entire UK lending market to find the most appropriate solutions for your funding needs, helping you reduce the costs of your expansion plans.

Download Rangewell’s free and detailed guide to Business Lending

Rangewell Ebook - Download Rangewell’s free and detailed guide to Business Lending
  • What kinds of business funding are there? 

  • Why you must find the right lender to cut costs

  • The downsides of borrowing

  • What paperwork will you need?

  • Guarantees and security

  • Key Terms to check

  • Download now

A long-term commitment

A funding package will mean a long-term commitment, with ongoing monthly repayments.

You may need to repay if you sell

If you sell your business, you will need to repay your funding.

A personal liability

Loans will be secured on your existing practice, but you may be personally responsible for their repayment.

Our service is...

Impartial

Transparent and independent, treating all lenders equally, finding the best deals.

In-depth

Every type of finance for every type of business from the entire market - over 300 lenders.

In-person

Specialist Finance Experts support you every step of the way.

Free

We make no charge of any kind when we help you find the loan you need.