Compare ^{Professional Practice Loan} Options for Professional Practices

Secured Professional Practice Loans provide £50,000 to £500,000, with terms from 12 to 120 months. Applicants must provide business or personal assets as security, and lenders offer competitive rates from 3% to 7%. These loans are typically used for significant investments such as purchasing premises, major refurbishments, or consolidating debts, supporting practices' ambitions for long-term growth.

Unsecured Professional Practice Loans are available between £10,000 and £250,000, with terms from 6 to 60 months. Lenders focus on the practice’s credit history and financial health instead of assets. Rates range from 6% to 12%. These loans are ideal for covering operational gaps, expanding services, or upgrading essential resources without risking existing business assets.

Practice Acquisition Loans enable funding of £100,000 up to £1,000,000, with terms of 24 to 84 months. Applicants must undergo robust due diligence on the target business. Interest rates typically range from 4% to 9%. This loan type suits practices aiming for strategic growth through acquisition or merger, supporting expansion objectives and increased market presence.