Goodwill Loans

a personal loan provided by your practice


If you are a dentist, vet, optician or pharmacist, you may run a practice that creates a great deal of wealth, but still leaves you unable to benefit from all the results of your hard work.

The business may pay you a salary, wages or director's fees, but you cannot simply withdraw money from its funds, even if the business is yours. Even if you could, taking funds from your business could reduce its available working capital, cashflow and potential for growth.

A Goodwill Loan could be the solution. It can help you benefit from the wealth you have created, with no impact on your practice, because it leaves the funds in your business bank account untouched.

What is a Goodwill Loan?

Goodwill Loans, also known as Capital Withdrawal Loans or Cash Outs, are a way of accessing the value in your business, without withdrawing funds - and so help you avoid causing potential cashflow difficulties for your business. They let you use the goodwill built up in the practice or business as the security for a loan, and may provide a sum comparable to your annual turnover which you are free to use as you wish.

How it works

A Goodwill Loan is secured on the value of your business, as assessed by the lender on the strength of your accounts. It can bring you a sum typically between £50,000 and £500,000, with repayment terms of up to 15 years.

Interest rates will be agreed when the loan is taken out, and although they will be variable are likely to remain significantly more favourable than those provided by other lending methods.

How can you use your Goodwill Loan?

The Goodwill Loan can be used in any way that you wish. Many company owners use it to buy investment property, including property overseas, to pay for family costs like school or college fees, or to buy another business.

It may provide a way to support retirement planning, asset acquisition, or for any other purpose.

Who can have a Goodwill Loan?

Goodwill Loans can be arranged for individuals who operate a professional practice as a sole trader, as a partner or as limited company with a simple structure.

Suitable professions include:

Setting up a Goodwill Loan

A Goodwill Loan can be an important additional asset for your personal financial plans, and give you a great deal of extra spending power.

At Rangewell, we have helped a wide range of professional people use Goodwill Loans. We can explain the potential of this type of lending, assess your practice for suitability, and help you approach the most suitable lenders.

When you call us, we can explain the options – and find you the most competitive solutions which will bring you the funds you want.


  • Find a lender to provide a goodwill loan to allow a vet to invest in three small houses - the rental income from which would cover the repayments on the loan

  • Help arrange a goodwill loan for an optician, which would allow him to put his two children through private school and university

  • Helped arrange a Goodwill Loan to allow a dentist to buy a light aircraft

  • Find funding to allow a pharmacist to buy a small hotel in France

  • Help set up goodwill loans for two partners, which would allow each one to borrow ££250,000 to invest in commercial property

Being able to tap into the value of the practice without taking money from the business itself seems like the best of both worlds.

I’ve bought a villa in Spain with my goodwill loan. It’s a the best kind of investment - one you can actually enjoy owning.

This way, we don’t have to sell the practice and retire before we can enjoy the results of the hard work we’ve put into it.

Helping you build your profits

Cash never leaves your business

A Goodwill Loan leaves your business finances completely unaffected.

Versatile funding

A Goodwill Loan can be used for any purpose, from investment or buying property to the holiday of a lifetime.

No need for extra security

Goodwill Loans are secured on the future performance of your practice - there is no need to put your assets or possessions at risk.

Competitive rate funding

Goodwill loans represent a cost-effective way to borrow, as repayment rates can be very competitive.

Early repayment options

Some Goodwill Loan providers will accept early repayments, reducing the total cost of your borrowing

No tax implications

Your Goodwill loan will let you benefit from the value built up in your practice, with no tax implications for you or your business.

Download Rangewell’s free and detailed guide to Goodwill loans

Goodwill loans
  • How do Goodwill Loans work?
  • 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 you need?
  • Guarantees and security
  • Key Terms to check

An additional commitment

A Goodwill Loan is a long-term commitment, with ongoing monthly repayments.

You may need to repay

If you sell your business, you may need to repay your Goodwill Loan.

A personal liability

The loan will be secured on your practice, but you may be personally responsible for repayment.

Our service is...


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


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


Specialist Finance Experts support you every step of the way.


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