Medical Finance Broker Australia

Medical and healthcare professionals often have access to lending policies that differ from mainstream retail credit. Income that arrives through a practice structure, contractor arrangements or a mix of hospital and private work is assessed on its own terms, and a lender that understands the sector will generally read it more accurately.

Mel works with doctors, specialists, dentists, allied health practitioners and practice owners to arrange finance across acquisitions, premises, equipment and personal lending.

Medical practice acquisition

Buying an established practice is a business acquisition with a clinical dimension. Goodwill, patient lists, equipment condition, lease terms and practitioner dependency all matter to a lender, and the way the purchase is presented shapes the outcome.

Purchase of established practices and share sales
Goodwill and fit-out funding within the one facility
Coordination with vendor finance terms
Working capital for the transition period

Practice fit-outs and expansion

Fit-outs are typically funded against a lease with a term sufficient to amortise the cost. Lenders will want a documented scope, a fixed price and a premises lease that supports the investment.

New consulting rooms and treatment areas
Additional practitioner rooms and staged expansion
Refurbishment and compliance upgrades
Multi-site rollouts

Medical equipment finance

Equipment is usually funded against the asset itself, which preserves working capital for staffing, fit-out and growth. New and used equipment can both be financed, with policy driven by age, condition and resale value.

Imaging and diagnostic equipment
Surgical and treatment equipment
Dental chairs and associated fit-out
Practice technology, software and systems

Commercial premises for practices

Owner-occupied premises give practitioners control over their cost base and, over time, an asset on the balance sheet. The lending is commercial in nature, so the assessment follows commercial criteria rather than residential ones.

Home and investment lending for medical professionals

Professional lending policies can be relevant to residential lending as well, particularly for practitioners in the early years of a career or moving from contractor to principal. Eligibility depends on the individual application and the lender's current criteria.

First home purchases
Upgrades and owner-occupied lending
Investment property finance
Refinancing existing personal loans

Eligibility and what lenders look at

There is no single medical lending policy. Lenders differ in how they treat registration, income structure and practice performance, which is why the lender selected matters as much as the rate.

Registration and speciality

Lenders typically confirm current registration and, in some cases, the length of time in practice or in a particular speciality.

Income structure

Contractor income, service entity distributions and practice drawings are each assessed differently. How the income is documented often determines which lenders can assist.

Practice performance and premises

For acquisitions and fit-outs, the lender reviews patient numbers, billing history, lease security and practitioner retention.

Loan purpose and structure

Structures vary between personal name, company and trust. The right borrowing entity depends on advice from your accountant and lawyer; the finance is structured to follow that advice.

A note on lending criteria

Lending criteria, pricing and any concessions are set by individual lenders and change over time. Nothing on this page should be read as an indication that a particular policy, rate or waiver will be available to you. Eligibility is assessed on the individual application.

Insight

For medical professionals, the difference between a straightforward approval and a difficult one is usually documentation: how income is structured and evidenced, and whether the lender's policy actually fits the practice model.

Common questions

Do medical professionals get better lending terms?

Some lenders maintain policies designed for medical and healthcare professionals, which can include different treatment of certain income types or loan-to-value positions. Criteria vary by lender and change over time, and eligibility is always assessed against the individual application.

Can I borrow to buy into a practice?

Yes. Practice acquisitions are usually assessed as business lending, with the lender reviewing the practice's financial performance, the terms of the purchase and the borrower's capacity to service the debt. Goodwill funding is available with some lenders.

How is contractor income assessed?

Contractor and service-entity income is generally assessed over a longer averaging period than PAYG income, and lenders will want to see consistent history through tax returns and notices of assessment. Some lenders have specific policies for medical contractors.

Can I finance equipment without using my home as security?

Often, yes. Equipment and vehicle finance is commonly written against the asset itself, so the equipment provides the primary security. The structure chosen affects ownership, tax treatment and flexibility.