Thinking of starting a new dental practice?
Starting a dental practice requires significant investment. Explore our range of Business Loans, Asset Finance, and flexible repayment options to support you on your journey.
Introduction
Starting a dental practice can be incredibly rewarding, but it requires a significant upfront investment. At Braemar Finance, we offer a variety of finance products designed to help you manage these expenses effectively.
Understanding the costs
Before opening your doors, you’ll need to make various investments, including securing a location, paying for your CQC registration, refurbishing the property, and purchasing essential equipment, like x-ray machines, chairs, and computers.
These initial expenses are crucial for setting up a functional and compliant practice - let’s take a closer look at the type of finance options available to support you.
Finance options available to support you
Business and Practice Loans
Business Loans are highly versatile - for instance, if you find the perfect location for your new practice, but it needs renovating, a Business Loan can cover the costs and allow you to spread the refurbishment expenses over time, helping you to manage cash flow.
Asset Finance
Asset finance is used for purchasing the equipment needed to run your practice. This type of finance is particularly beneficial for start-ups lacking upfront cash. We offer several asset finance products, including:
Low start facility
Our low start facility can be tailored for those starting new practices. It offers a flexible repayment option, enabling us to match repayments with your expected income levels. This means you could start with minimal monthly payments for an initial period, giving you time to build up cash flow while having access to the necessary funds or equipment.
Conclusion
We have access to a wide range of products and services designed to help start-ups. Our team of finance experts are here to assist with any finance queries you may have when starting a new business.
Contact us today to learn more about how we can support your journey to establishing a successful dental practice.
Products and services are subject to eligibility, status, terms and conditions and availability. All lending is subject to status and our lending criteria. The right to decline any application is reserved.
