Connect the investment to the practice plan
An equipment purchase, a premises fit-out and a practice acquisition each need a different funding brief. Identify the asset or transaction, its timing and the effect on the practice’s operating costs.
For equipment-led expansion, include installation, training, software and servicing. For a new location, consider rent, staffing and the time it takes to build patient appointments.
Capacity is not the same as income
Model realistic appointment volumes and the costs of delivering the service. Allow for ramp-up, maintenance and gaps in practitioner availability. Avoid assuming every additional appointment slot will be filled immediately.
If purchasing a practice, assess the financial evidence, staffing, premises arrangements and continuity of the business with your professional advisers. Finance availability is only one part of that decision.
What to prepare
- Equipment, fit-out or purchase details
- Practice financials and utilisation assumptions
- Lease and staffing commitments
- Installation and opening timetable
Common questions
Are professional qualifications enough to secure funding?
No. They may form part of the business context, but the provider assesses the complete proposal.
Can equipment and working capital be explored together?
Yes, as parts of an overall funding discussion. Their structures and assessment may differ.
General information only. Product terms and availability vary. Check the actual proposal and obtain advice appropriate to your circumstances.