Commercial Mortgages for Medical Businesses

Lenders tend to be confident in the medical sector – pharmacies, dental practices, GP and veterinary practices are all considered ‘Green Light’ sectors – so funding is generally available to both first-time buyers and experienced operators. The skill is securing the best finance packages to match your unique requirements.

Competition to acquire these businesses can be extremely high and demand generally outstrips supply – particularly in the case of pharmacies and dental practices. If you are a locum pharmacist or associate dentist looking to buy your own business, having a sound business plan and the right finance in place will give you the edge.
  
As an independent broker, Christie Finance is not tied to any particular lender. We have established and trust-based relationships with the leading lending institutions. We know which ones are delivering financing into sector, and whom to approach to get the best deal for you.
 
Whether you are a first-time operator intending to take over an existing business, extend a premises you already own, or grow your portfolio, Christie Finance will help you get the funding you need.

Buying a medical business through Christie & Co?

Working closely with the Medical Team at Christie & Co, we can advise on finance options – quickly access trading figures and arrange the right finance for you.
 

Medical loan features

The terms of a commercial loan against a pharmacy or medical practice will vary considerably from lender to lender but, as a general rule, the following may apply:

70% - 80%
loan to business value ratio
15-25
year mortgage term
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The Christie Finance Team

We understand that buying your own pharmacy, dental, medical or veterinary practice is more than a business decision – it is a step-change in your professional life. Often, you are moving from being an employee to an owner-practitioner, with all the extra responsibilities this entails. Rest assured that our experienced and knowledgeable Consultants will guide you through the finance options and mortgage application process, from your initial enquiry to completion.

Contact one of our medical finance specialists to find out more.

South East

John Mitchell
T: 07974 265 259
E: John.Mitchell@christiefinance.com

South West & Wales

Gary Boyce
T: 07974 800 752
E: Gary.Boyce@christiefinance.com

Midlands

David Ward
T: 07815 803 262
E: David.Ward@christiefinance.comm

North & Scotland

Craig Dickson
T: 07713 061 621
E: Craig.Dickson@christiefinance.com

Key considerations
When you are thinking about buying a business there are various things that both you and a potential lender will need to consider:

  • Experience – do you have the right level of experience to run the business? How will you run it?

  • Performance – how well is the business doing? Is it in a good location? Is there enough profit in the business to be able to repay a loan easily and allow you to take enough out of the business for yourself?

  • Contribution – what are you able to invest in the business (savings, other properties, etc.)?

  • Personal history – do you have a clear credit history?

Christie & Co have over 340 independent pharmacy or dental practices currently for sale, with new businesses added regulary.

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Factors Affecting Your Loan Application

There are a number of factors which can help to make your medical business application more attractive to a lender:

  • A deposit of 30% or more
  • Additional security
  • Business plan
  • Proof of experience
  • Good credit history
  • Two years' trading accounts and income projections
  • Strong proposal from Christie Finance

Our commercial mortgage services

We’ve been helping first-time buyers and existing business owners secure funding for over 35 years.

What makes Christie Finance different?

Local

National coverage across the UK

Project management

From intial enquiry to completion - saving your precious time and money

Quick responses

Rapid business and commercial mortgage decisions

Relationship - C&Co

Our brokers can access the best new businesses for sale

Specialist knowledge

Over 35 years experience in our specialist sectors

Tailored loan options

Fixed and discounted rate available

The 'Christie' name

Adds credibility to the proposal - buying you a better deal

We are independent

We have no tie to any one lender

Find out more about commercial mortgages