Providing funding solutions and loans for dentists

Whatever your dental practice needs we will work with you to find the finance that's right for you

Or call a Dentists finance expert on +442033182613

Talk to Rangewell – the business finance experts

Your dental practice is also a business, and every business needs financial support to grow and thrive. 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.

As a dental practitioner, you probably have some major investment needs. To answer them you must have financial solutions that recognise the scale of your business and your professional status

At Rangewell we work harder to help you find better solutions - which can include 100% finance for many of your business requirements.

Whatever stage of your career you have reached, from starting up or buying into an established dental practice, or ready to update your current service, being able to use the best equipment is essential. From a digital X-ray system to a dental laser, you need the latest technology to give your patients the treatment they deserve.

Funding for your equipment

At Rangewell we have found that Asset Funding can provide the most cost-effective solutions:

Hire Purchase

If you need to spread the cost of bringing in durable equipment that will go on giving service for years, Hire Purchase can provide the answer.

Leases

If you need to use the latest dental technology without the cost of owning the equipment, leasing will give you the freedom and flexibility you need.

New or used?

Good quality used equipment may be a sound investment. If you are setting up a new practice, it may be the only practical solution. Many sources of used and refurbished dental equipment exist, but many dentists believe they would need to find cash to take advantage of the savings it offers.

At Rangewell we can help you spread the cost of used equipment as well as new equipment with Asset Finance. We also have solutions to cut the cost of vehicles. Contact us to find out more about equipment finance for your practice.

Funding to buy a dental practice

If your plans include buying an existing practice - whether as your only business (buying out a competitor) or to buy a second site and expand your existing operation - it will require a substantial investment. It may be possible to arrange a straightforward business loan. 

Business Loans

Unsecured Loans are ideal for smaller sums. Secured Loans may be used to borrow upwards of £250,000, and so may be more suitable for the costs involved in a business purchase.

If you are ready to buy in into a large practice, you may need to do so as a partner - or buy out a partner who may be retiring. Buy-in and Buyout finance recognises the challenges and provides funding tailored to help you make full use of the opportunity. Contact us to find out more.

Buying a franchise

Franchising is becoming more popular with UK dentists. It will mean a substantial initial franchise fee, as well as costs for premises and equipment purchases. There may be a monthly fee and additional expenses to consider once you are up and running, especially in the crucial first few months of operation. Conventional business lenders, such as banks, may not be able to help, as your business is technically a start-up, lacking a business history.

A Franchise Loan package may provide the solution.

Funding to buy the premises for your dental practice

Premises in a good location will be a major cost for your dental practice. You may need to borrow for the deposit on a long-term lease. Alternatively, you might want to buy a suitable property with a Commercial Mortgage. 

Commercial Property Finance is arranged on an individual basis. Find out more here.

Funding your plans with a Dental Practice Loan

A Practice Loan recognises your professional status, and does not require security. It can provide a relatively high level of funding at a preferential rate of interest, which you may use for any business purpose.

Contact us to find out more about this type of funding.

Refurbishing your practice

Sometimes your existing surgery needs an update, or you have bought a second site which needs fitting out. Refurbishment Finance could give you the funds you need to get your practice up to date.

Tax Loans for dental practices

Tax Loans help you to spread the cost of VAT and annual tax demands into monthly payments, helping smooth your cashflow.

Our finance experts can help you deal with your tax bills.

Working Capital Finance for your dental practice

Working Capital Finance is designed to give you additional working capital, often to provide cash to pay staff and suppliers during the early weeks and months of opening a practice or during a period of growth. It is designed to be repaid in the short- to medium-term.

Our practice financing experts can help solve your working capital needs.

Growth Finance for dental professionals

Large-scale finance can be vital if you have major plans for your practice, such as acquiring a competitor. Growth Finance is a special type of funding designed to fund your plans.

Get our help finding the most competitive lending for your practice.

Goodwill Loans to help you realise the value in your dental practice

Goodwill Loans, also known as Cash Outs, use the value you have built up in your practice as the security for a loan.

They can often provide a sum comparable to your annual turnover. This type of lending is suitable for any purpose inside or outside the business. Many dentists use it to fund investments or property purchases.

We can help you find the most appropriate lending.

REAL EXAMPLES OF WHAT WE CAN DO

  • Help arrange jigsaw funding for a dentist to support a premises purchase

  • Find a lender to provide the most competitive commercial mortgage to acquire premises

  • Help set up a 100% funding plan for a newly qualified dentist  to buy a retiring practitioners business

  • Help arrange funding for every stage of a dental partnership’s expansion programme

  • Find the most effective source of funding to allow a dentist to take on a new partner

  • Find goodwill funding to allow an dentist to buy a light aircraft

Jigsaw Funding for your dental practice

Many major projects require funding from more than one source. At Rangewell, we are experienced at creating this kind of ‘Jigsaw’ funding, which allows us to use our financial expertise to provide the most cost-effective solution for each aspect of your financial plans.

Contact us to discuss how Jigsaw Funding can provide answers for you.

There are many dental finance solutions for your practice, so contact Rangewell today to talk through your options and get a clearer understanding of what your practice can achieve.

What dentists say about financial solutions from Rangewell

Being able to call on the value of the practice without taking money out let me invest in property - which is proving very lucrative.
I wanted to completely re-equip my surgery. Rangewell helped me do it without investing a penny up front.
I want to open a practice. I’ll need premises, shop fittings, equipment - Rangewell can help me afford it all.

Helping you build your profits

Reduce capital costs

Avoid capital costs for instruments and equipment by with asset finance.

Cover all your equipment

A single arrangement can cover items from multiple suppliers.

Repayments that fit your operating budget

You can arrange funding tailored to your needs and resources, and to fit your monthly budget.

Buy your premises

Buying your premises with a commercial mortgage can often cut your outgoings, and help you secure an appreciating asset for your dental practice.

Funding your operating costs

The first months of a new dental practice can be challenging financially. We can provide solutions to help you find your feet.

Better than 0% finance

Some suppliers may offer 0% finance for equipment. Call us to see how you can pay less than with these ‘interest free’ deals.

Download Rangewell’s free and detailed guide to Business Lending for Dentists

Rangewell Ebook - Download Rangewell’s free and detailed guide to Business Lending for Dentists
  • What kinds of dental finance are there - including personal goodwill loans, practice financing, hire purchase, leasing, tax efficient borrowing solutions, credit lines and fixed rate equipment finance - from specialist lenders to give you peace of mind on loan products for any purpose.

  • How can they provide extra funds for you - without reducing funds available for your business?

  • Why you must find the right lender to cut costs

  • The downsides of borrowing 

  • What paperwork will you need?

  • Guarantees and security

  • Key Terms to check

  • Download now

An additional commitment

Borrowing may be a long-term commitment, with ongoing monthly repayments which will affect your cashflow.

You may need to repay

If you sell your business, you may need to repay your borrowing.

Borrowing may be a personal liability

Lending will be secured on your practice, but you may be personally responsible for repayment with some types of loan.

Our service is...

Impartial

Transparent and independent, treating all lenders equally, finding the best deals.

In-depth

Every type of finance for every type of business from the entire market - over 300 lenders.

In-person

Specialist Finance Experts support you every step of the way.

Free

We make no charge of any kind when we help you find the loan you need.