Medical finance loans

We know that in your practice the ‘big’ items aren’t the only things that matter during a fitout; the smaller things are just as important, and you need to ensure that your office is comfortable, well illuminated and welcoming. Our staff’s years of medical finance experience means we’ve seen it all. Financing a fitout requires awareness of the many components and careful consideration of the financial investment — it’s a process that allows you to strike a middle ground between maximising after-tax income and meeting immediate monetary requirements. That’s where we shine, what makes us different, and how you finally have the chance at the ideal practice with us.

Have you always wanted to own your own clinic? Or a stake in an established clinic? Because of our deep familiarity with the medical, dental, and veterinary industries, we can offer loans secured by the goodwill and equipment of your office rather than your residence. As a company, CashPal understands the value of patience in the relationship-building process, so we think about the long-term viability of the business and the worth of intangible assets like staff, clients, and ideas.

We provide medical finance loans for up to the total acquisition price of an established medical setup, and goodwill and the practice’s equipment might be used as collateral for a loan. If you’re purchasing into an existing practice partnership, we only hold a security interest in your portion of the partnership, so it won’t impact your new partners in any way.

Sure, we get it — you strive to provide your patients with the finest possible treatment, and sometimes this requires having the very best equipment available. Equipment doesn’t have to break the bank, whether you’re just getting started and completing your first purchases or trying to keep up with the world of rapid technological change. At CashPal, we want to ease your burden by providing convenient financing so that you can trust the tools at your disposal.

Purchasing your own office space is a significant milestone for your rapidly expanding practice. It’s a good move for your company and will eliminate your nosy landlord — having the property as your own will ensure your security of occupancy and allow you to improve your offices with the confidence that you are increasing your property’s value, not just someone else’s.

But you have to get off to a good start, financially speaking. You can avoid potential problems down the road by establishing a solid financial foundation: plan to minimise stamp duty, take advantage of any capital gains tax breaks, and yet have enough money to keep the firm afloat. We at CashPal will work with you as a partner from the beginning to ensure everything goes well — the hiccups are a nuisance that no one enjoys, and we work hard to ensure that you don’t have to deal with them. We keep things simple so you find it easy to get the medical finance you need.