Goodwill Loans
- Release wealth from your existing practice
- Cost-effective and tax efficient
- Flexible arrangements
- Use for any purpose
Commercial Mortgages
- From 2% above base rate
- Up to 25 years terms
- Interest-only or capital repayment
- Buy premises or existing business
Commercial Loans
- Unsecured lending from from 6% Up to 5 years to repay Secured lending from 2% above base rate Long repayment terms
- Up to 5 years to repay
- Secured lending from 2% above base rate
- Long repayment terms
Talk to Rangewell – the business finance experts
Want to buy a competitor to grow your physiotherapy practice? At Rangewell, we can use our contacts across the entire UK lending industry to provide the 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.
Are you a physiotherapist running a successful practice? Acquiring a competitor could help take you to the next level.
Buying a competitor could be a sound business decision, giving you a ready-made extension to your practice, with a long list of clients and scope for further development.
You will need to discuss your purchase plans with your business advisors, and arrive at a fair price for your competitor’s practice. But the most important question will be how can you find the funding? At Rangewell, we can help you find the answers you need.
Goodwill Loans - funding based on your physiotherapy skills
A Goodwill Loan could use the wealth built up in your business to fund your development plans, while leaving the funds in your business bank account untouched. A Goodwill Loan, also known as a Capital Withdrawal Loan or Cash Out, uses the goodwill built up in your practice as the security for a loan.
Remortgaging - providing a high level of funding
Remortgaging your existing premises could provide the level of funding you need to buy a competitor. Commercial Mortgages work much like a residential mortgage, and can provide large scale funding at competitive rates, and let you spread repayments over up to 20 years
Commercial loans to buy a competitor physiotherapist
There are two types of commercial loan your can consider if you are ready to buy a competitor - secured and unsecured.
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 must be 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. This reduces the risk to lenders, and allows them to reduce the cost to you.
Unsecured Loans
Unsecured business loans are suitable for smaller sums. Decisions can be fast but you will need to provide a Personal Guarantee meaning that you will become personally liable for the debt if your business was unable to pay.
‘Jigsaw’ Finance
Acquiring a competitor may mean several different funding requirements. We can provide Jigsaw Funding - a bespoke package made up of the most appropriate type of funding for each purpose.
The finance you need to buy a competitor
At 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 - or for any other business purpose.
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 physiotherapist 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 a practice acquisition
Work with a physiotherapist to find the most effective source of funding
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
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 Finance for physiotherapists
What types of finance are there - which do you need?
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?
Key terms explained
Download now
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.