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Several major lenders have specific veterinary finance policies and other lenders include vets in broader health policies. This means the range in finance offerings can be quite different from lender to lender.
There are some lenders who will provide up to 100% loan to value ratios (LVR) for both goodwill and freehold - for those buying an existing practice this can make a big difference.
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.
Having spent years looking after a dedicated healthcare portfolio (including vet!) for a major lender, I have in-depth knowledge of complex service trust and partnership structures common in the dental industry.
Partnerships are common structures for veterinary practices. I understand the importance of limiting partner recourse to their individual share of the loan and how to structure this with lenders.
Whether you are after a new in-house x-ray or turn a treatment room into a surgical theatre, 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 medical equipment on terms varying from 3 to 5 years.
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Skate Capital Credit Representative 558393 is authorised under Australian Credit Licence Number: 389328 | ABN 47676231744
Your full financial situation and requirements need to be considered prior to any offer and acceptance of a loan product.
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