A broker who knows the policies
The range in dental finance policies across the lenders is vast.
Loan to value ratios (LVR) can range from 60% to 100% with differing LVRs for the goodwill and freehold. Different lenders can also value your dental practice very differently, with some using a 2x multiplier and others up to 4x! Add to that a 4% range in interest rates and you really need a broker who knows the various dental lending polices inside and out.
Knowing which lenders have policies in line with your objectives means you get a quick result and do not lose out on opportunities or waste time comparing options. Give me a call today to discuss what you are looking to achieve, and we can discuss current options.
Complex Structure? - No problem
Having spent years looking after a dedicated healthcare portfolio for a major lender, I have in-depth knowledge of complex service trust and partnership structures common in the dental industry.
I understand the importance of limiting partner recourse to their individual share of the loan and how to structure this with lenders.
Looking for new equipment?
Whether you are after new x-ray, an in-house CEREC machine or just an upgrade to your dental chairs, I can find the right finance for you from a wide range of bank and specialist lenders. These can provide up to 100% funding for your new dental equipment on terms varying from 3 to 5 years.
Help with your home loan too
For dentists, several lenders also offer up to 90% LVR with no Lenders Mortgage Insurance on your home loan. For some lenders this can include interest only repayments, or where your property is held in a trust for asset protection.