OUR SERVICES / BUSINESS & PRACTICE LOANS
Business & Practice Loans For Professionals
Simpli Finance helps doctors, dentists, lawyers, accountants and professional practice owners review practice finance, equipment finance, fit-out finance, working capital and commercial lending options.
Business Loans For Professionals
Professional practice owners often need finance beyond a standard home loan. Whether you are starting a practice, expanding, refitting premises, purchasing equipment or managing working capital, the right lender and structure can make a significant difference.
We work with medical professionals, dental professionals, lawyers, accountants and other professional service providers to review business and practice lending options across a range of lenders.
Types Of Business Finance We Review
✓ Practice purchase finance
✓ Equipment and medical equipment finance
✓ Practice fit-out and refurbishment finance
✓ Working capital facilities
✓ Commercial property lending
✓ Business debt consolidation and refinance
✓ Practice expansion finance
✓ Professional vehicle and asset finance
Practice Finance Options
Professional practice finance covers a wide range of lending needs. Each requires different structuring, lender selection and documentation.
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Practice Purchase
Finance to acquire an existing medical, dental or professional practice. Assessed against practice income, goodwill, debts and future earnings potential.
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Equipment Finance
Finance for medical equipment, dental equipment, diagnostic tools, technology and professional assets. Can be structured as a chattel mortgage, finance lease or hire purchase.
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Fit-Out Finance
Finance for new or refurbished premises. Relevant to new practices, relocations and practice upgrades. Generally assessed against business income and lease terms.
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Working Capital
Short-term or revolving facility to support cash flow, cover payroll or manage timing differences between billing and payment.
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Commercial Property
Finance for owner-occupied commercial premises such as a medical suites, dental clinics or professional offices. Assessed differently to residential investment lending.
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Business Debt Refinance
Review of existing business debts, loans and facilities to identify whether better structure, rate or lender options may exist.
Business & Practice Loans By Profession
Different professions have different practice finance needs, income structures and lender considerations.
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Doctors
Medical practice purchase, equipment finance, working capital and specialist commercial lending for doctors and medical professionals.
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Dentists
Dental practice purchase, fit-out finance, equipment and commercial lending for dentists and dental practice owners.
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Lawyers
Practice finance, office fit-out, working capital and commercial property lending for lawyers and law firm partners.
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Accountants
Practice purchase, working capital, technology and commercial property lending for accountants and accounting firm owners.
Documents That May Be Required
Requirements vary by finance type, lender and business structure. The following documents are commonly requested.
✓ 2 years of business tax returns
✓ Personal tax returns
✓ Business financial statements (profit and loss, balance sheet)
✓ BAS statements (last 4 quarters typically)
✓ Business bank statements
✓ Existing loan and liability statements
✓ Practice purchase agreement or valuation if applicable
✓ Equipment quotes or supplier invoices
✓ Lease agreement for premises if applicable
✓ ABN registration and business registration documents
✓ Identification documents
Exact document requirements vary by lender, finance type and business structure.
Documents That May Be Required
Frequently Asked Questions
What can business loans be used for?
Business loans for professionals can cover practice purchase, equipment, fit-out, working capital, commercial property and debt refinancing, depending on lender policy and business assessment.
Can dentists get practice finance?
Yes. Dental practice finance can cover practice purchase, equipment, fit-out and working capital. Lender assessment considers practice income, debts, goodwill and overall business position.
Can doctors finance a medical practice?
Yes. Medical practice finance is available through specialist lenders and some mainstream lenders, subject to income, practice financials, debts and lender assessment.
Can business debt be refinanced?
Business debt refinancing may be possible depending on current loan terms, lender policy and business financials. We can review existing facilities and compare alternatives.
What documents are needed for a business loan?
Documents typically include business tax returns, financial statements, BAS statements, bank statements, existing loan details and identification. Requirements vary by lender and finance type.
Speak With A Real Broker
Your enquiry is reviewed by the Simpli Finance team so the right broker can guide your next step. We help clients compare lender policy, borrowing capacity, LMI waiver pathways, refinance options and loan structure across a broad lender panel.
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Kris Kumar
Director / Co-Founder
Helps professionals, business owners, refinancers and investors review lending strategy and lender options.
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Peter Pak
Director / Co-Founder
Helps clients compare home loans, refinancing, business finance and investment lending options.
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Ali Jaber
Mortgage Broker
Helps clients review refinancing options and prepare for lender applications.
Need Business Or Practice Finance?
Book a business lending review and we’ll assess your practice finance needs, income structure, debts and lender options.
General information only. Business lending eligibility, rates and outcomes vary by lender, income type and individual circumstances. This is not financial advice.