Jigsaw Finance for your Medical Practice

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.  

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
• Leasing
• 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 - or any other type of medical practice loans - talk to our Medical Funding Experts, from refurbishing a medical practice to setting up a private medical practice and even start-up finance for your medical practice.