Medical, Dental and Veterinary
Purpose: Working capital, goodwill, practice refit and equipment, motor vehicle leasing, purchase practice premises
Maximum Loan Amount
Business Lending: Up to 100% of market value
Consumer Lending: Up to 90% of market value of primary residence .Up to $2m
Max. Loan Term:
Purpose Built: 15 years Converted residential: 25 years
Business Assets: 10 years
Consumer: 30 years
Partnership/Firm: Mortgage over freehold or leasehold. Charge over business assets.
Company: Fixed & Floating Charge, Directo rs’ Guarantees .
Copy of term life and income protection policy and copy of Medicare Provider Approval/Registration with Australian Dental Association or Veterinary Surgeons Board.