Are you aware as a Medical professional you get special treatment and advantages from most Banks and Lenders in Australia? I guess it’s a way for them and us to say “thank you” for all your hard work and dedication to the community. What does this mean? If you are a Doctor (GP), Medical Specialist (e.g. Cardiologist, Oncologist, Radiologist, Urologist etc), Dentist/Dental Specialists (e.g. Orthodontist, Endodontist, Oral and Maxillofacial Surgeon etc), you can qualify for tailored finance solutions that are second to none
Finance for Medical Professionals
Some examples include
Up to 100% LVR on your practice commercial property purchases
Up to 90% LVR on home loans and investment property loans with no LMI*
Loans under SMSF especially when you consider buying the practice commercial property under SMSF
Practice Goodwill loans (when you are looking to take over another retiring practitioner’s surgery)
Business line of credits
Fitout loans (when setting up or improving your practice)
Asset Finance including low-doc Car Loans
Margin Lending and Investment Funds management
Lender Mortgage Insurance (LMI) waiver is subject to approval
Why Us
As part of being industry experts for over 15 years we can also guide and recommend you
The most common and effective business/corporate structures our successful Self-Employed Medico clients use to set up their practices
Why they use a “Service Entity” Or “Management Entity” to run your practices
Difference between a Discretionary Trust, Unit Trust and Hybrid Trust and why/when to use them
How to Calculate practice Goodwill value and what factors to consider when buying a Medical/Dental practice
Why and when to use your SMSF to purchase your practice commercial property
Introduce you with industry experts, e.g. Medical/Dental Fitout and Equipment suppliers, and qualified Accountants/Financial planners who understand the Medico industry and its niche requirements
If you are at the early stages of your medical career, i.e. an Intern or Registrar in public/private Hospitals with PaYG Salary income, we can still offer you most of the finance options listed above – please Call Us for more details