Finance for Medical and Dental Practices

Fit-outs, equipment, practice purchases and tax bills funded for GPs, dentists and specialists.

Call 0401 222 353

★★★★★5.0 from Google reviews

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Joseph Alam

He came from a place of understanding

Getting a loan was difficult for me but not only did Joe get the loan done, he came from a place of understanding. Highly recommend and when I need to refinance at any stage I know who to see.

★★★★★

Will M

Great experience from start to finish

Great experience from start to finish. Joe was professional, responsive and transparent throughout the entire process. He explained everything clearly and made it easy to move forward with confidence. Highly recommend for anyone looking for reliable and trustworthy financial services.

★★★★★

John Safi

Easy the whole step of the way

Dealing with Joe was really easy the whole step of the way. He made it so easy to consolidate all my debts and get the best deals for me.

★★★★★

Jack Roberts

Always gets you a great deal

Great mortgage broker. I have worked with Joe across multiple loans and never had any issues — efficient, professional and always gets you a great deal!

★★★★★

Emilio Ayoub

Smooth and stress-free

Joe was awesome to deal with. Super knowledgeable, easy to talk to, and made the whole process smooth and stress-free. He explained everything clearly and worked hard to get the best outcome for us. Highly recommend Settled with Joe if you're looking for reliability, transparency and quality.

★★★★★

Nick Jr Constantin

Clear and stress-free

Great experience working with Joseph during my home loan application. He was knowledgeable, responsive, and made the whole process clear and stress-free. I really appreciated his support and would happily recommend him to anyone needing help with property matters.

★★★★★

Philip Albert

Actually makes the whole process easy

Highly recommend Settled with Joe if you're looking for a mortgage broker who actually makes the whole process easy. Joe was professional, knowledgeable, and always available to answer questions. He handled everything smoothly from start to finish and helped secure a great outcome without the usual stress that comes with finance.

How lenders look at a medical or dental practice

Running a practice means two jobs at once: caring for patients and running a business with staff, rent, equipment and tax. Lenders see registered health professionals as steady earners, and many have dedicated policies for them. They look at your billing history across Medicare, health funds and private fees, your registration with your national board, and how long you have practised.

That record can carry a lot of weight. A dentist buying a new chair, a GP opening a second clinic or a specialist buying into a group can often be assessed on the strength of the billing itself. Joseph Farhat and his team review your practice and your plans, match them to lenders across our panel of 90+ bank, non-bank, and specialist lenders, and manage the application while you keep seeing patients.

What practice owners most often bring to us

Fitting out new or expanded rooms

A new lease usually comes with a builder, plumbing for sterilising and surgery rooms, joinery and equipment, all due before the first patient walks in. Fit-out finance pays the builder's progress claims in stages so the rooms are ready on time. Lenders want the loan to finish well inside the lease term.

Fit-out finance

New chairs, imaging and clinical equipment

Dental chairs, scanners, X-ray and imaging units, lasers and sterilising equipment can be financed over their working life, with the equipment itself as security. Upgrades and second sites can be funded the same way.

Equipment and asset finance

Buying a practice or buying into one

Buying an existing practice, buying out a retiring principal or taking a share as an associate is assessed on the practice's billings, its patient base and your own record. Your accountant and lawyer handle the structure and the contract, and we arrange the funding around it.

Business acquisition finance

A backdated payroll tax assessment

In some states, payments to contracted doctors and other practitioners can be treated as wages for payroll tax, and some practices have received assessments covering several past years. Once your accountant or a payroll tax specialist has confirmed the amount, a lender can fund the payment over a set term.

Payroll tax debt finance

Our pages for medical and dental practices

Fit-out finance Equipment and asset finance Business acquisition finance Practice acquisition finance Commercial property loans Payroll tax debt finance Tax debt finance for practices Home loans

Frequently asked questions

Can the fit-out and the equipment go into one loan?

Often, yes. Many fit-out facilities cover the builder's work and the equipment installed as part of it. Lenders like to see the quotes split between build cost and movable equipment, because they value the two differently. Joseph Farhat and his team will set out how each lender treats your quotes.

Can I borrow to buy the building my practice runs from?

Yes. A commercial property loan can fund the purchase of medical suites or a freestanding clinic. Lenders assess the property, the lease in place and your practice income. Settlement on a commercial property loan typically takes longer than equipment finance, so allow time before your contract date.

I am an associate. Can I borrow to buy into the practice?

It can be done. Lenders look at your billings as an associate, the share you are buying and the practice's overall figures. The agreement with the principal sets the price and terms, so your lawyer and accountant review it before any loan is finalised.

We have an ATO bill that came in higher than planned. Can that be funded?

Yes, in many cases. A strong billing year can leave income tax, PAYG instalments (amounts paid through the year toward the next tax bill) and PAYG withholding (the tax taken from wages) owing together. Some lenders will pay the ATO and let the practice repay over a set term. Your accountant confirms the figures first.

Can you tell me how to structure the purchase of a practice?

No. Structure, tax and contract terms sit with your accountant and lawyer. We are a finance broker, not a financial adviser, accountant or lawyer. Joseph Farhat and his team work with the structure your advisers have settled on and present it to lenders who fund practice purchases.

Can you help with a home loan on practice income?

Yes. A home for you and your family is personal lending, which follows its own rules. Our home loans page explains how lenders assess income from a practice, including income paid through a company or as a contractor.

Access to over 90+ bank, non-bank, and private lenders