01
Practice purchase
Finance for an established dental practice, with the purchase price, goodwill, equipment, transition and post-settlement liquidity considered together.
DENTAL PRACTICE FUNDING
Structure the finance around the practice.
The interest rate matters, but it is only one part of the facility. Dental practice finance also needs to account for goodwill, equipment, lease obligations, working capital, practitioner transition and the cash the practice retains after settlement.
02
Startup and fit-out
Funding for premises works, chairs, imaging, systems, initial costs and the working-capital period before patient revenue reaches a sustainable level.
03
Refinance review
A structured review of pricing, repayments, security, covenants and flexibility before accepting a renewal or moving lenders.
04
Expansion
Capital for additional rooms, another location, equipment or a partner transaction, tested against the combined practice cash flow.
Our role is to translate the transaction and practice performance into a clear credit case, identify lenders with relevant appetite, and compare the complete structure rather than the headline rate alone.
FUNDING OPTIONS
Different uses of capital need different facilities.
A dental practice may need more than one form of finance. Separating long-lived assets, goodwill and short-term liquidity can produce a clearer structure and reduce avoidable pressure on cash flow.
01
Practice acquisition finance
For the purchase of an established practice, subject to the borrower, verified earnings, valuation, transition plan, security and lender criteria.
02
Commercial property finance
For purchasing practice premises, generally structured separately from the operating-business acquisition.
03
Equipment finance
For identifiable assets such as chairs, imaging, scanners, sterilisation equipment, IT and other clinical equipment.
04
Fit-out and refurbishment
For a new clinic, additional rooms or refurbishment, with the project budget and contingency clearly documented.
05
Working capital
For timing gaps and measured growth costs, with the facility sized and reviewed against realistic operating needs.
06
Refinance and restructure
For replacing, consolidating or reshaping existing facilities where the overall outcome improves the practice position.
07
Partner buy-in or buyout
For ownership transitions where valuation, entity structure, remaining practitioners and future debt service are clearly understood.
08
Multi-site acquisition
For experienced operators adding locations, supported by an integrated view of management capacity and group cash flow.
Planning a purchase or refinance?
Discuss the structure before committing to a transaction timetable.
LENDER ASSESSMENT
What lenders will want to understand.
There is no universal dentist-loan approval standard. Each lender applies its own policy, but a well-prepared submission should answer the recurring credit questions before they become delays.
01
Borrower position
Clinical experience, income history, personal assets and liabilities, credit conduct and available liquidity.
02
Practice earnings
Financial statements, tax and BAS records, management accounts, collections, overheads and sustainable cash flow.
03
Practitioner reliance
How dependent the practice is on the principal or vendor, and how associates, staff and patient relationships will be retained.
04
Purchase and valuation
What is being acquired, how the price was determined, and how goodwill, equipment and stock are treated.
05
Lease and premises
Remaining term, options, assignment or landlord consent, rent review and whether the premises support the operating plan.
06
Debt service
Whether the practice can meet repayments, owner remuneration, tax, payroll and planned investment under realistic conditions.
07
Security and guarantees
Business assets, property security where applicable, guarantees, covenants and the control retained by the lender.
08
Forecast assumptions
The evidence behind patient growth, practitioner capacity, pricing, staffing and startup or transition timing.
OUR PROCESS
Build the funding case before approaching lenders.
A controlled process reduces avoidable questions and makes lender responses easier to compare.
01
Understand the objective
Clarify whether the priority is acquisition, startup, growth, refinance or simply benchmarking current terms.
02
Review the position
Map the facilities, pricing, repayment profile, security, lease, transaction structure and information available.
03
Prepare the credit case
Present the practice, borrower, transaction and cash flow in a form suited to lender assessment.
04
Compare and negotiate
Assess lender fit, pricing, fees, conditions, security, flexibility and timing as one commercial decision.
Where remaining with the current lender is the stronger option, the review still provides a clearer basis for negotiation. A refinance should solve a defined issue, not create movement for its own sake.
CREDIT PRESSURE POINTS
Resolve the issues that can weaken an otherwise sound deal.
Dental practice finance can become more difficult when the information is incomplete or the facility does not reflect the underlying risks.
01
Goodwill concentration
A purchase price heavily weighted to goodwill needs a clear earnings and transition case.
02
Thin liquidity
Funding the transaction while leaving too little working capital can weaken both the application and the practice after settlement.
03
Principal dependency
Heavy reliance on one practitioner requires a credible transition, retention or replacement plan.
04
Unclear management accounts
Delayed or inconsistent reporting makes it harder for a lender to understand current performance.
05
Lease risk
A short lease, uncertain assignment or unsuitable premises can affect the lender’s view of continuity.
06
Expansion capacity
For multi-site growth, lenders may test whether management systems and practitioner capacity can support another location.
The objective is to understand the position early. The right outcome may be a better structure with the current bank, a different lender, or preparation before a larger application is made.
FOR ACCOUNTANTS & ADVISERS
A careful finance route for your dental clients.
Accountants are often the first to identify a practice acquisition, refinance or cash-flow issue. We can provide an initial funding view, prepare the lender case and keep the referring adviser informed at agreed milestones.
01
Protect the client relationship
The finance work stays within the agreed scope, with your professional role and client relationship respected.
02
Bring the structure together
Goodwill, equipment, property, trusts and operating entities are considered as one transaction rather than separate loan requests.
03
Communicate clearly
You receive practical updates on information requirements, lender feedback and material conditions.
04
No referral commitment
Use the service for a particular client or an initial scenario discussion without committing future matters.