Partner Buy-ins and Buyouts for Hospitals
Helping you buy a clinic, hospital or surgery business
- From 6% above base rate
- Up to 5 year to repay
- Simple to arrange
- Based on the profitability of the practice
- From 2% above base rate
- Up to 25 years terms
- Finance secured on business or personal assets
- Early repayments without penalty
- Bespoke finance package
- Individual solutions
- Flexible repayment arrangements
- Terms to suit your needs
Acquiring a partnership in an existing medical facility, or buying it outright can be an excellent investment - if you can find the necessary funding
Buying into an established clinic, hospital or surgery can avoid the costs and uncertainties of setting up, and provide a share in a business offering predictable returns.
Partner Buy-ins 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.
With a Buyout, you may acquire the entire business.
The sums involved will reflect the profitability and potential that the facility can offer. However, the most appropriate funding solution will depend on the scale of funding required.
Funding options for a Partner Buy-in or Buyout
Some types of funding are more suited to a Buy-in or Buyout than others.
The scale of funding required with larger practices may make some form of Secured Loan necessary. Security, such as the business premises or your home, may be required and will be at risk if you cannot keep up repayments.
It may also be possible to arrange a loan that is, effectively an advance secured on the future performance of the business in the form of a Practice Loan.
Borrowing against the existing assets - Asset Refinance - in the facility, which are likely to include a great deal of valuable equipment, may allow a high level of funding to be raised.
Lenders may provide an Unsecured Loan, repayable over three to five years to support a Buy-in or Buyout. No security is required, but you will need to provide a personal guarantee for this type of lending.
This is an increasingly popular source of finance - even for businesses at the smaller end of the market. Private equity firms will usually look for liquidity after 3 to 6 years, and expect to be able to take their profits then. However, it's important to remember that the private equity firm is looking to maximize its own returns, rather than building a sustainable future for your practice.
A vendor can help fund the transition by leaving some of their equity within the company, as loans to be repaid over time. This may be required by some lenders who seek evidence that your plan is seen as fully viable by the sellers.
REAL EXAMPLES OF WHAT WE CAN DO
Source a Professional Loan to allow a recently qualified GP to buy a partnership in an existing practice
Find the most competitive Asset Refinance deal to allow a Buyout
Help arrange ‘Jigsaw’ Funding to acquire an existing practice
Find finance to allow two partners to acquire a large, established practice
Produce funding for a Buy-in into a prestigious London partnership
Why you need Rangewell to find finance for your Buy-in or Buyout
If you are planning to buy into an established practice, you will find that many lenders will be happy to lend to you. Your status as a medical professional represents a good business risk to them, plus you are able to prove the viability of an existing business with accounts.
But not every lender will be prepared to offer you their most competitive terms, or provide the flexibility that you need for your venture.
You also need to consider that looking for the most competitive deal across the entire lending market takes time and expertise - time you may simply not have. However, we know the lenders who can offer the most competitive rates, and we can find solutions for the full spectrum of finance, including Professional Loans, Unsecured and Secured Loans, Invoice Finance, Asset Finance, Merchant Cash Advance, Commercial Mortgages, Growth Finance and much more.
As well as conventional loan products, we can also help you acquire Alternative Funding, using the new loan providers and new styles of funding.
So whether you have a more straightforward, small-scale funding requirement, or need a more complicated ‘Jigsaw’ funding plan made up of a combination of financial products, we can work with you to find the answers.
Call us now to get our experts working for you.
Helping you build your profits
Lending tailored to your needsAt Rangewell, we can help medical professionals like yourself find the most appropriate finance for any type of Buyout or Buy-in.
Funding scaled to your needsFunding solutions are available for your plans whatever the size of clinic or hospital facility, with solutions to provide finance from tens of thousands of pound to tens of millions.
Cutting the costsWe can help you find the most cost-effective solutions for all your medical needs, whatever they may be.
Reducing risk with expertiseOur expert teams understand all aspects of medical business funding. Their expertise works to support your individual needs and reduce your risks.
Releasing the value in your businessAsset Refinance can help you release the value already invested in the business to help you buy it.
Specialist lendersSome Asset Funding providers specialise in particular sectors, including the medical sector. At Rangewell, we know the most appropriate finance providers who can help your practice.
Download Rangewell’s free and detailed guide to Finance for the Medical Profession
What types of finance are available and which is right for your hospital or surgery?
Are all lenders authorised and regulated by the financial conduct authority?
We offer private healthcare medical procedures, are we eligible to apply for finance?
Lifting the lid on interest free finance/0 apr representative
What terms and conditions apply to medical loans?
Key finance terms explained, including total amount repayable, subject to application and amount of credit
Is there a difference between monthly payments and monthly instalments?
My business offers multiple medical treatments, what costs can I finance?
Download our free resource on finance for hospitals and surgeries 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.