Professional loans are typically used to cover expenditure that can’t be paid for on a hire purchase or lease agreement, such as building work, refurbishment and any trade work associated with creating a new and exciting surgery.
At TeleLease, we’ve arranged finance for hundreds of doctors across the UK, funding squat dental practices through to the refurbishment and conversion of old buildings into stunning professional workspaces.
From Concept to Completion
It’s an exciting time when you’re thinking of buying or building a new dental practice. The same buzz comes from extending your existing practice to add on new surgeries, improving the overall efficiency of your dental business.
You’ll probably need any cash reserves to pay for new associate dentists, marketing, legal fees, insurance and generally to get the new facility up and running, until such time as it funds itself.
So arranging the finance before laying any bricks or ordering dental equipment makes good sense, and in a typical dental project, that means a Practice Loan for the building work and Hire Purchase for the equipment.
Professionals We Can Help
If you’re a qualified professional, we can help, including:
What Can a Professional Loan be Used For
TeleLease arranges loans to cover:
- Building work, plumbing, electrical and refurbishment costs
- Flooring and carpets
- Partitioning and glazing
- Computer software & software development
- IT infrastructure
- Air conditioning and heating systems
One of the nice features of a Professional Loan is that the funds are paid to you ahead of the work being carried out. You can then pay the builder as and when required.
Applying for a Loan
We’ve gained lots of experience arranging Professional Loans for dentists and doctors throughout the UK, so will guide you through the application process and let you know what’s required for a successful application.
When the loan is approved, we will ensure the documentation process runs smoothly so that the loan is paid without delay directly into your bank account.
Find out more
Call us today on 03300 580151 or complete the contact form and we will call you for an informal discussion.