Run a Medical Practice?

At Galgorm Financial, we offer through medical practice loans for GPs and professional doctors. Whether expected or unexpected costs, we have medical financing that could help you spread the cost of bills or help with the growth you need. You could use one of our practice loans for a range of purposes, including, but not exclusive to:

  • Practice Acquisitions
  • Practice Expansion
  • Help ease cash flow
  • Surgery Equipment
  • VAT Payments
  • Relocation Costs
  • Practice Refurbishment
  • Tax Funding
  • Computer Software and Hardware
  • Professional Indemnity Insurance

Furthermore, we can offer you an unsecured medical practice loan which is an agreed loan not secured against business or personal assets. It allows you to:

  • Enjoy greater financial freedom to invest as you choose
  • Gain significant cash-flow advantages
  • Gain access to an additional line of credit
  • Invest with less risk because loans are not secured against personal or business assets.

If you are looking for a tailored loan with a choice of repayment term usually between 1 and 7 years to develop your professional practice in anyway, let us help you find the medical financing to grow and develop your medical practice.

Why have a Medical Practice Term Loan through us?

  • No impact on existing banking arrangements– existing financial arrangements will not be affected at all
  • No deposit– There are usually no deposits or pre payments required therefore investing in new equipment this way is easier on cash flow.
  • Choice of VAT options– loans or advances may include or exclude VAT according to preference
  • No invoices needed– usually there is no need to present invoices
  • Tailored loans – Our team will tailor the loan therefore it will meet your budget and needs.
  • Fixed charges – There will be no surprises because charges will be fixed for the duration of the agreement.
  • Flexible Repayment periods– repayments and interest charges will be scheduled over an agreed period of time, usually between one and seven years
  • Direct Payment of funds– After documentation is complete, we will transfer funds directly by cheque or BACS payment
  • No limits – Whatever the need is, the loan can be used for virtually any business purpose including Office Furniture, Relocation Costs or Private Medical Schemes.

Apply for practice loan today, or by contacting us on +44 (0)28 2565 6000 or find your regional office by clicking here.