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

Security:

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.

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