Practice Finance
There's no doubt that getting finance to buy a dental practice has become a lot more difficult since the credit crunch. Previously there were seven lending institutions, keen to lend at 100% of the purchase price or valuation. However despite the crunch, there are still some banks that will lend dentists 100% of the freehold and goodwill values. With base rates as low as 0.5%, the cost of borrowing is still low.
We've written a guide that covers some of the details you should be considering when you finance your existing practice or if you're buying a practice.
All I ask is that you leave your details so I can track the interest in the guide - you'll need a GDC number, so if you're not a dentist, please call me on 0121 685 5060 and you can purchase a copy.