Fast business loans for clinics and practices

Why do practices need fast funding?

Health practices are generally steady businesses, but they carry big, sudden costs. A dental imaging unit fails. A physio clinic needs another treatment room to keep up with demand. A vet in a regional town has the chance to buy the neighbouring practice when its owner retires. A GP is offered a partnership with a buy-in date in six weeks.

Each one comes with expensive equipment, specialist fit-outs and often a deadline. Practices also wait on payments from Medicare, health funds and insurers, which can stretch cash flow even when patient numbers are strong.

What do practices borrow for?

Need	Route	Speed possible
Imaging, chairs, lasers, surgical gear	Unsecured or equipment finance	Same day for smaller amounts
Fit-out or new treatment rooms	Unsecured or property-secured	Same day to 48 hours
Buying into a partnership	Property-secured loan	24–48 hours
Buying a practice	Business purchase funding	Up to $5m in 24–48h
Practice premises	Commercial property loan	24–48 hours
Tax or super catch-up	Cash-flow loan	Same day possible

How do lenders view practice income?

Favourably, in most cases. Patient payments, Medicare rebates and health fund claims create regular deposits, which make bank statements easy to read. For larger amounts, lenders may ask for financials, a summary of patient numbers or details of the practitioners working in the business. If income has dipped because a practitioner left or a room was closed for renovation, explain it.

Illustrative example: a two-chair dental practice in Launceston wants to add a third chair and a new intraoral scanner, costing $140,000 including fit-out works. The owner has equity in her home. A second mortgage funds the project quickly, with same-day funding possible for $20k to $250k, and the extra chair starts earning within weeks.

Practice purchases and partnerships

Buying a practice or buying into one usually has a fixed settlement or entry date. Budget for the goodwill price, equipment, any stock, legal and accounting fees and working capital. Fast property-secured funding can meet the date, and many practitioners refinance to longer-term finance once they’ve traded for a year under the new structure.

Fit-outs for clinics

Clinic fit-outs involve plumbing, specialist electrical work, infection control requirements and accessibility. They often take longer and cost more than expected. Get a detailed quote and build in a contingency. See fit-out and renovation funding.

What documents help a practice application?

1. ID and ABN for the practice entity
2. Six months of business bank statements
3. Equipment quotes or the fit-out contract
4. Partnership or sale agreements, if buying in
5. Property details if using security

How can practices manage cash flow better?

• Submit health fund and Medicare claims promptly
• Take payment at the time of service where possible
• Schedule equipment upgrades before old gear fails
• Keep a line of credit for unexpected repairs
• Plan renovations for quieter periods

New chair, new room, new partner? Start your 60-second enquiry.

How do Medicare and health fund timings affect cash?

Practices that bulk-bill or process health fund claims receive part of their income from third parties, which can arrive a few days after the service. That’s usually predictable, but it means income lags the work slightly, and any processing hiccup can delay a meaningful slice of revenue. Practices that rely heavily on third-party payments benefit from a small buffer or a line of credit for the occasional delay.

Patient payment plans, NDIS claims and insurer-funded treatment can stretch the lag further. If a meaningful share of your income comes from slower payers, show it to the lender with a short note. It helps explain why statements look the way they do.

Practitioner changes

Practice income often depends on the practitioners working in it. If a senior practitioner is leaving, or you’ve just brought on new associates who are still building their books, income may dip or ramp up over the coming months. Lenders understand this, but they’ll want to know. A short explanation of the team and the plan reassures them that a dip is temporary.

Buying the building

Some practice owners buy their premises once the practice is established. If that’s on your horizon, see our page on commercial property loans.

See if your practice qualifies

There’s no credit check when you first enquire, so you can ask between patients without it affecting your file. Your details aren’t sent out to a crowd of lenders. A real person reads your enquiry, understands how practice income works and calls with the quickest workable route.

Please give the real amount, what it’s for and your state on the form so we can match you properly the first time. Check if you qualify.