Jigsaw Finance for your Medical Practice
New solutions for the needs of doctors
- Hire Purchase
- Spread cost over 5 years
- Acquire equipment with no upfront costs
- Unsecured lending over 6-60 months from 6%
- Secured lending from 2% over base rate
- Repayment tailored to your needs
- Asset Finance
- Merchant Cash Advances
- Goodwill funding
- Tax funding
- Cash Advances
There are many types of business finance - but in the real world, any single type may not provide the ideal answer to the complex needs of your medical practice. The answer can be Jigsaw Funding.
What are the funding needs of your medical practice? Premises, equipment and staff are the obvious answers.
What may not be so obvious is the best way to provide the funding to provide them. There may be no single answer. A solution that provides a simple answer for a short-term need might be impossibly expensive for long-term funding needs, and vice versa.
At Rangewell, we can provide the solution with Jigsaw Funding - a bespoke funding package designed around your needs and made up of the most appropriate type of finance for each purpose.
So if you are ready to take your medical practice forward, you might call on Jigsaw Funding made up of Asset Funding - Hire Purchase or leasing - for equipment, a Secured Loan or Commercial Mortgage to acquire your premises, and a cashflow solution based on a Goodwill Loan as a versatile way of dealing with major costs.
The most appropriate source of each type of funding may be a different lender - which can make this type of funding difficult to arrange, unless you come to Rangewell. We work with lenders across the entire UK lending market. We are expert in making them work together.
“I had found myself a position as a junior partner in an established city practice. Then, after just 18 months, my senior partner announced that he wanted to retire. This left me with a big opportunity, and a big financial problem. I needed to buy out his share of the business to start with, but the costs would not stop there. The surgery needed building work, the waiting room and reception needed refurbishing, and the consulting room needed bringing into the 21st century. I had a long list of different costs to answer, and no idea where to begin.
Rangewell showed me how with a jigsaw funding package I could have the most effective type of finance for each purpose. A goodwill loan, hire purchase for the equipment, and some clever arrangements to spread the costs of the refurbishments.
Now I’m the senior partner, and the financial problems are in the past.”
Jigsaw Funding packages for doctors can include:
- Asset Finance
- Hire Purchase
- Vehicle finance
- Commercial Mortgages
- Secured and Unsecured lending
- Merchant Cash Advance
- Working Capital Finance
- Revolving Credit Facilities
- Invoice Finance
- Merchant Cash Advance
- Goodwill Loans
- Mezzanine Finance
Find out more about Jigsaw Funding for your medical practice. Call and talk to our Medical Funding Experts.
REAL EXAMPLES OF WHAT WE CAN DO
Find Jigsaw finance for a startup, with individual funding for premises, equipment and working finance for the first year
Provide Jigsaw funding to let a doctor lease a unit in the heart of a new residential development
Find Jigsaw funding to let a doctor take on a junior partner
Create a Jigsaw package to let a doctor acquire premises and a vehicle to set up a rural practice
Helping you build your profits
Tailored to your practiceWe can help set up jigsaw funding to fit your practice needs and work with you to find the most appropriate solutions.
Starting upStarting a practice means many different costs. We can find the most appropriate funding for each one.
Supporting growthGrowth plans can involve a wide range of expenses. Jigsaw funding can help you find the most appropriate solution for them all.
Any scale of businessWe can provide Jigsaw funding solutions whether you are setting up a small practice, or buying a large one.
Cost-effectiveWe can work with you to find the most cost-effective solution for your particular needs.
Fixed repaymentsYou need to keep your outgoings under control. We can arrange Jigsaw funding with a single, predictable payment to fit your budget.
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
Getting the right funding arrangement is essentialThere are many forms of business finance available. Getting the most appropriate type for the business needs of your practice is essential.
Your key equipment could be at riskIf 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.
Long-term financial commitmentsYou may not be able to pull out of a finance arrangement once set up.
Our service is...
ImpartialTransparent and independent, treating all lenders equally, finding the best deals.
In-depthEvery type of finance for every type of business from the entire market - over 300 lenders.
In-personSpecialist Finance Experts support you every step of the way.
FreeWe make no charge of any kind when we help you find the loan you need.