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Trusted by 4000+ clients

Medical Practice Loans

Borrow
 from
£10,000
 to
£5m.
  • Rates from
    7%
  • £0 Deposit
  • Same Day Finance Available
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At Union Business Finance, we offer tailored finance solutions designed specifically for medical practices across the UK.

Our team of brokers understand the common challenges faced by healthcare professionals, and we are dedicated to providing flexible funding options that support growth, innovation, and ultimately, the delivery of quality patient care.

Finance Calculator

 

Please note this is not a quotation for finance, this is for illustrative purposes only. The figures are available to UK incorporated businesses only. The value provided is intended as a guide only. For an accurate quotation please contact us.

Types of Healthcare and Medical Practices We Can Help

Our medical practice loans & leasing options support a range of different healthcare providers including:
A medical room featuring a sink, a chair, and a mirror, designed for patient consultations and examinations.

GPs

Our GP loans enable doctor’s surgeries and healthcare clinics to purchase essential equipment and supplies, upgrade patient record systems, fit out new clinician spaces, and more.

A veterinarian examines a dog on a table in a well-lit examination room, surrounded by medical equipment.

Vets

Our veterinary finance options enable veterinary practices to grow their operations, from the purchasing of key equipment to fitting out or upgrading operating rooms and consulting spaces.

A blue dental chair surrounded by dental tools, set in a professional dental office environment.

Dentists

Our dental practice finance can be instrumental in acquiring state-of-the-art imaging systems such as OPGs, advanced dental chairs, or tools such as dental drills.

A chair featuring a blue seat alongside a medical device positioned on the armrest.

Opticians

Our optician finance enables opticians to invest in growing their business, whether that be purchasing the latest diagnostic and imaging technology, refitting retail spaces or purchasing new stock.
A surgeon in scrubs operates on a patient, focused on the surgical procedure in a well-lit operating room.

Cosmetic Surgery

Our surgery finance options can facilitate the acquisition of advanced surgical equipment and tools, such as laser hair removal devices.

    Our Medical Practice Finance Options

    Asset Finance

    Equipment and infrastructure costs are higher than they’ve ever been, which puts a massive amount of pressure on the medical industry’s cash flow.

    Union Business Finance’s asset finance solutions are tailored to your business’s needs, helping us to provide high-quality services for whoever needs them - without the financial pressure.

    Explore Asset Finance

    Business Loans

    By offering flexible terms and competitive rates, business loans from Union Business Finance empower medical professionals to manage cash flow, reduce financial pressure, and plan for long-term success.

    Our brokers are knowledgeable about the most suitable type of loan for your needs; from commercial bridging loans for acquiring new practices to business cash flow loans for a quick injection of funds.

    Explore Business Loans

    Acquisition Finance

    We understand that purchasing a business is an exciting venture, allowing you to take on more patients and acquire a wider team of skilled medical professionals. Our acquisition finance for medical practices can provide you with the vital funds to make this possible. With a range of options available such as secured to unsecured loans, and high approval rates, our brokers can help find the best solution for your business.

    Explore Acquisition Finance

    Fit-Out Finance

    Union Business Finance’s fit-out finance for medical practices provides a fantastic opportunity to transform old practices into a more modern, clinical environment. From acquiring the latest technology to refurbishing your waiting rooms, our fit-out finance provides the lowest rates and sector-independent funding to make this happen.

    Explore Fit-Out Finance

    Start-Up Finance

    Our start-up finance for medical practices allows you to begin your journey of establishing a practice in your local area by acquiring vital funds to get your business up and running. Our experienced brokers will assess your business plan and find the most suitable finance opportunities to help you find your feet in the medical industry.

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    Benefits of Medical Practice Finance

    The NHS is underfunded and under immense pressure, which is leading to many more people seeking private medical healthcare. This provides a huge opportunity in a rapidly growing industry for new private medical practices to establish themselves.

    Union Business Finance understands your business’s value, and can work alongside you to choose and secure the right loan or alternative financial solution for your needs, enabling you to:

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      Acquire the latest medical and surgical technology to improve patient care and efficiency.
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      Employ the highest-skilled doctors, nurses, and other highly-qualified professionals.
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      Secure funding to renovate or open new practices to meet growing patient demand.
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      Manage operational expenses, payroll, and unexpected costs without financial strain.
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      Stay ahead of competitors by offering advanced treatments and better patient experiences.

    How it works

    Consulting

    Let’s talk about where your business is, and where you want it to be.

    Pre-underwriting

    Send us your supporting financials for us to review, and we’ll get a proposal sent for credit approval.

    Paying Out Funds

    72 hours later, once approved, and signed on the dotted line, funds will be released.

    Eligibility Requirements

    Your eligibility depends on the type of finance you’re looking for, as well as the type of business you are. Where we differ from many brokers is through our attention to detail and that we really get to know your business and your plans for the future, and through our years of experience, we will recommend the best financing solutions to meet your needs.
    Get started

    Why Union Business Finance?

    At Union Business Finance, we truly understand the importance of the medical industry, offering our clients a range of healthcare-specific finance options. We’ll work with you to understand your values, where your business is currently at, and where you want to be in the future. Whatever you need, we’re here to help; we always value the importance of establishing a strong, open relationship with our clients!

    We Offer:

    • Access to a portfolio of funding options from 100+ lenders.
    • More than 10 years of experience.
    • Loans from
      £10,000
      to over
      £5m.
    • 5* service every time.
    • Interest rates from as low as
      7%

    Our Service Is Always:

    • Transparent - Understanding your businesses values & providing you with the knowledge you need to make the right decision for you.

    • Ethical - We always have the client's best interests in mind.

    • Personable - We focus on building relationships with our clients that are reliable & honest.

    Our team brings a wide range of experience, thorough knowledge & understanding of the financial climate in order to help you find the best funding solutions.

    Ready to get started? Let’s do it!

    Contact us using the form below

    Learn more about how Union Business Finance could help you secure the right funding for your business.
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    FAQs

    Do I have to be an established business to apply?

    No, our finance solutions are also suitable for start-up medical practices, young healthcare establishments that are still growing their practice, and fully established practices. We help medical practices of all sizes reach their goals, so get in touch today to discuss your needs and requirements.

    How long does the application process take?

    The length of the application process largely depends on the type of finance you require, how quickly you respond to the lender’s enquiries, and whether you have included all the required documents.

    For example, we offer same-day finance for solutions such as our quick business loans, but longer-term finance, such as our commercial bridging loans, often takes 4 to 6 weeks to arrange.

    What documents are required to apply?

    The main documents we require for medical practice finance include:

    • Business Plan: Outline your business and how the loan will be used.
    • Financial Statements: Income statements, balance sheets, and cash flow statements.
    • Tax Returns: Personal and business tax returns for the past few years.
    • Bank Statements: Recent bank statements.
    • Legal Documents: Business licences, registrations, and ownership agreements.
    Can I get finance for new medical equipment?

    Yes, medical finance can be used to purchase or lease brand-new equipment, from diagnostic tools and imaging systems to surgical instruments. We can also help you access funding for purchasing used equipment.

    Our solutions help you overcome the initial upfront costs that come with new, state-of-the-art items, enabling you to grow your operation whilst preserving your cashflow.

    What are the repayment terms for medical finance?

    Repayment terms vary based on the type of finance, loan amount, and lender. Union Business Finance offers flexible repayment plans to suit your cash flow - please enquire with us to discuss precise repayment options.

    What if I have an existing loan - can I still apply for more finance?

    Yes, refinancing or additional funding may be available for your medical practice, provided you’re in a stable financial position and demonstrate the ability to make timely repayments.

    • Give us a call on 01442 617 799
      or ping us an email: This email address is being protected from spambots. You need JavaScript enabled to view it.

    Want to talk? Let's do it!

    Contact us using the form below

    UK Phone Number... *
    Are you a UK Homeowner?*
    Yes
    No
    How did you find us?

    You agree to how we use your data as explained in our Privacy Policy

    Submit