Refurbishing your Medical Practice
- 1 to 60 months
- Borrow up to £250,000
- Rates from 4.9%
- Straightforward monthly repayments
- Fixed repayments
- Flexible repayment terms
- Rates from 2% above base rate
- Larger sums available
- Provide equipment
- Hire purchase from 6%
- Lease with no upfront costs
- Cover all types of assets
Your surgery must be clean, modern and well-equipped. We can find the most cost-effective way to fund refurbishments
As a doctor, you know how important it is to provide a fresh, modern - and clinically appropriate - environment for your surgery. Your patients expect it - and may judge the quality of the care you provide by the quality of the premises you provide it in.
Refurbishment of the building itself, providing new fixtures and fittings and bringing in the latest equipment can both be a major expense - but it can be essential.
At Rangewell, we can help you find solutions for refurbishment, using our contacts across the entire UK lending industry to provide the most cost-effective answers for your particular needs.
Borrowing to fund a refurbishment
A business loan could provide solutions for many types of refurbishment work, from simple redecoration to major conversions and the construction of extensions.
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.
Unsecured business loans are suitable for smaller sums and usually repaid in monthly or quarterly instalments over an agreed term under 5 years.
It may also be possible to arrange a loan at a preferential rate based on the goodwill created by your practice itself.
REAL EXAMPLES OF WHAT WE CAN DO
Find a lender to provide funding to update premises
Help arrange asset finance to re-equip a consulting room
Help arrange a secured loan to extend a practices premises
Find the most effective source of funding to allow a doctor to overhaul her entire property
The finance you need to refurbish your surgery
As a medical professional, many lenders will be happy to work with you - but not all will be able to offer the most competitive solutions for your needs when you come to refurbish your surgery.
By coming to Rangewell, we can find the funding that’s right for your practice needs - and can even set up Jigsaw Finance - a package of funding tailored around your needs.
At Rangewell, we know lenders that offer the most attractive funding solutions.
To find out more about simply call us. Our experts are ready to help.
Helping you build your profits
Funding tailored to your needsFunding can be drawn together from several sources and tailored to your needs.
Funding that recognises your statusAs a professional practice owner, you may be able to enjoy preferential rates for borrowing.
Simple and fast unsecured loansUnsecured loans can be arranged quickly - there is no need to put your assets or possessions at risk.
Ensuring you have the equipment you needAsset finance can help you ensure you can equip your new practice to the standards you want, and spread the cost.
Early repayment optionsSome loan providers will accept early repayments, reducing the total cost of your borrowing.
Cutting borrowing costsAt 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 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.