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BUSINESS ACQUISITIONS
 When buying a practice or starting a new practice, there are a number of different aspects to raising the finance ranging from premises and fixtures and fittings to work in progress and working capital.
Complete our
 form.
If bricks and mortar security are available to a lender, one commercial loan can be organised to take care of all aspects of the proposition and this can be repayable over a period of up to 25 years depending on age of the applicants. The security may be a combination of a charge on the commercial premises, if freehold and / or a charge on other property, such as a private residence, if sufficient equity exists.
If no security or only limited security is available, there are unsecured lenders that can be used to either top up a shortfall on secured credit, or to fund the whole amount if desired. Unsecured loans tend to have shorter periods available, usually 5 years although some lenders will accept 7 years as an exception.
Unlike when you contact a bank, EB Commercial Finance has access to a broad panel of banks and lenders, and as such a mix of lenders can be used for different aspects of the acquisition or start up.
Complete our
form.
If you would like further information on practice acquisition or start up loans, simply call us on 01934 853 333 or complete the information request form and one of our expert consultants will contact you for an informal chat about your requirements.
All quotations are given with no obligation and enquiries are treated in the strictest of confidence.
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