Finance for medical practices, shaped around how you get paid.

Yes. Several lenders offer medical professional packages to registered GPs and specialists, with equipment, fit-out, practice purchase and commercial property finance available at sharper rates, higher loan-to-value ratios and lighter documentation because the profession’s income is reliable. AHPRA registration and a practice plan are the key documents.

Yes. Practice acquisition finance funds a partner buy-in or the purchase of a whole practice against the practice’s billings and goodwill, often at up to 100 per cent of the price for registered practitioners. Lenders look at the practice’s financials, patient numbers and the doctors staying on.

Yes. A self-managed super fund can buy the commercial premises the practice trades from and lease it back to the practice at market rent, with an SMSF commercial property loan typically funding up to 70 to 80 per cent. The structure suits established practitioners with adequate super balances, and specialist advice is required.

Yes. Fit-out works, cabinetry, treatment beds, diagnostic equipment and practice software can be funded under one facility with the builder and suppliers paid as the work progresses, repaid over five to seven years. Medical equipment is often financed separately at a sharper rate and combined in the same application.

Almost any clinical asset: ultrasound and imaging, dental chairs and CAD/CAM systems, surgical and sterilisation equipment, veterinary diagnostic and surgical gear, physiotherapy and rehabilitation machines, optometry and audiology instruments, cosmetic lasers, practice management software and IT, and the clinic fit-out itself. New equipment from suppliers is the simplest; refurbished equipment from recognised dealers is financed by many lenders too.

Several lenders offer structures built for practices: deferred first payments so the equipment starts earning before repayments begin, terms matched to the equipment’s clinical life, seasonal or stepped repayments for practices that are still building patient numbers, and pre-approved equipment limits for established practitioners. Medical, dental and veterinary professionals are treated as low-risk borrowers, so pricing and documentation are usually favourable.

Yes. Registered health practitioners are often eligible for low-doc or no-doc equipment finance up to practice limits, commonly $150,000 to $500,000 depending on the lender and profession, based on registration, time in practice and credit history rather than financials. Larger amounts and new practices provide recent financials or a business plan. Your broker knows which lenders run professional programs for each discipline.

Buy with a chattel mortgage when the equipment will serve the practice for years and you want to own and depreciate it, such as dental chairs or sterilisers. Lease when the technology moves quickly and you expect to upgrade, such as imaging, lasers or IT, because a lease with a residual makes the upgrade cycle simpler. Your accountant advises on the tax outcome for your practice entity, and your broker structures either option.

Yes. Lenders regularly fund new practices for registered practitioners with a track record as an employee or associate, because the profession itself gives them confidence. A business plan, the lease on the premises and evidence of qualifications are the main requirements, and the fit-out, equipment and working capital can be funded together as a package so the practice opens fully equipped.

Generally, yes. For a chattel mortgage the interest and the depreciation of the equipment are deductible, and GST on the purchase can usually be claimed on the next BAS. For a lease the rental payments are deductible and GST is claimed on each payment. Instant asset write-off rules may apply in some years. Confirm the treatment with your accountant, since practices are often run through companies or trusts with their own considerations.