Whether you are purchasing a new business, refurbishing your existing property or looking to remortgage then we have lenders for you. Our lender contacts are all specialists in Healthcare Finance which covers Care & Nursing Homes, Dentists, GPs, Optometry, Pharmacists and Vets.
POINTS TO CONSIDER WHEN COMPARING HEALTHCARE FINANCE
- Manual underwriting;
- Experience essential to get better rates;
- Business Plan may be needed;
- Minimum two years profitable trading;
- Any outside Inspection Reports are looked at in detail;
- All types of tenants considered;
- Term of loan can be shorter;
- Repayment mortgages are the most common.
- Three year’s accounts;
- Management figures to date if produced;
- Business plan and/or projections if purchasing another business;
- 3-6 months business bank statements;
- Asset & Liability Profile for directors;
- Historic Occupancy levels if applicable;
- Income & Expenditure Profile for directors.
- Healthcare Finance available on an interest only, full repayment or part interest and part repayment basis;
- Loan terms vary from 3-30 years;
- Available to individuals, partnerships, LLPs, trusts and limited companies;
- Minimum property valuation £100,000.