Dental Practices

As a Dentist, you provide a vital service to the community. Your dental practice is also a business, and every business needs financial support.

How can we help you?

  • Help arrange funding for a dentist to support a premises purchase
  • Find a lender to provide the most competitive commercial mortgage to acquire premises
  • Help set up a 100% funding plan for a newly qualified dentist  to buy a retiring practitioners business
  • Help arrange funding for every stage of a dental partnership’s expansion program.
  • Find the most effective source of funding to allow a dentist to take on a new partner

Speak to someone today

If you would like to speak to someone directly today,
please give Jonathan a call.

Available Monday - Friday 9am to 6pm

Our Transparent Process


Obtain your Permission

Dealing with Dental Practices and associated finance is a process that requires guidance because you are looking at finance options available for various scenarios applicable to you and your colleagues so it is a big decision to make.

As a result of your enquiry we will telephone you to assess what you are looking to achieve.

Agreement / Paperwork

Upon your agreement we will discuss your case with the best suited company concerned, give you initial feedback regarding the figures concerned and with your agreement submit the enquiry to the company concerned.

Application

The company that we have recommended to you will then deal via us and directly with you start to finish and initially telephone you to confirm what we have discussed and then go through their process and timeframe with you. We will oversee all and ensure a smooth process start to finish. There are no hidden fees or charges, it is all very clear and transparent.

Ongoing Review

Once your business need is completed and set up then unless you require any of our other services we carry out 6 monthly reviews to keep in touch but you know where we are.

Be advised that we do not cold call, we do not mail shot, we do not pester people, we do not force people to make decisions they do not want to. Everyone who we see is as a result on an enquiry led by them, meaning that the potential client has made the decision to look at and in most cases transfer their Final Salary Scheme or Personal Pension, or SIPP into a new arrangement be this a new Personal Pension or Annuity or Flexi Access Drawdown arrangement. Whilst we are not order takers, the point of this declaration is that we do not force or push people into making such decisions. We still go through a lengthy advice process to check viability, attitude to risk, product and fund selection and point out all of the pitfalls and benefits either way. In some cases we do not agree and this is pointed out to clients. We do not transact insistent client business.

Contact us to discuss your finances

We specialise in all aspects of personal finance and will personally call you back to discuss your requirements and help you make the best choices for your individual circumstances.

No hidden fees. No pressure sales. Let's secure your future together.

Covid-19 Update - We can now offer remote meetings and electronic signatures. Please choose this option in the form. We can still offer in person meetings if required.

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As a dentist

You may operate a dental practice that relieves suffering and offers other dental treatments and procedures - but you are also operating a business. Whether you are working with NHS funding or are running a private practice as a consultant, getting the right financial solutions can be essential.

Some reasons you should use us

  • Access to our initial advice and finding a suited lender for your requirements
  • Only the best brokers and product providers used to handle your application
  • No hidden extra costs, all fees and charges fully disclosed at the outset
  • Flexibility of product and tailored to your needs
  • Extensive Industry Experience
  • We are totally Independent, Directly Authorised Advisers.
  • We are friendly and talk plain English and no waffle.
  • No pressure selling from us. 

Funding for your dental practice

Many major projects require funding from more than one source. We are experienced at creating funding, which allows us to use our financial expertise to provide the most cost-effective solution for each aspect of your financial plans.

There are many dental finance solutions for your practice, so contact First Place Financial Ltd today to talk through your options and get a clearer understanding of what your practice can achieve.

Whatever stage of your career you have reached, from starting up or buying into an established dental practice, or ready to update your current service, being able to use the best equipment is essential. From a digital X-ray system to a dental laser, you need the latest technology to give your patients the treatment they deserve.

Funding for your equipment

At First Place Financial Ltd, we have found that Asset Funding can provide a cost-effective solution:

Hire Purchase

If you need to spread the cost of bringing in durable equipment that will go on giving service for years, Hire Purchase can provide the answer.

Leases

If you need to use the latest dental technology without the cost of owning the equipment, leasing will give you the freedom and flexibility you need.

New or used?

Good quality used equipment may be a sound investment. If you are setting up a new practice, it may be the only practical solution. Many sources of used and refurbished dental equipment exist, but many dentists believe they would need to find cash to take advantage of the savings it offers.

We can help you spread the cost of used equipment as well as new equipment with Asset Finance. We also have solutions to cut the cost of vehicles. Contact us to find out more about equipment finance for your practice.

Funding to buy a dental practice

If your plans include buying an existing practice - whether as your only business (buying out a competitor) or to buy a second site and expand your existing operation - it will require a substantial investment. It may be possible to arrange a straightforward business loan. 

Business Loans

Unsecured Loans are ideal for smaller sums. Secured Loans may be used to borrow upwards of £250,000, and so may be more suitable for the costs involved in a business purchase.

If you are ready to buy in into a large practice, you may need to do so as a partner - or buy out a partner who may be retiring. Buy-in and Buyout finance recognizes the challenges and provides funding tailored to help you make full use of the opportunity. Contact us to find out more.

Buying a franchise

Franchising is becoming more popular with UK dentists. It will mean a substantial initial franchise fee, as well as costs for premises and equipment purchases. There may be a monthly fee and additional expenses to consider once you are up and running, especially in the crucial first few months of operation. Conventional business lenders, such as banks, may not be able to help, as your business is technically a start-up, lacking a business history.

A Franchise Loan package may provide the solution.

Funding to buy the premises for your dental practice

Premises in a good location will be a major cost for your dental practice. You may need to borrow for the deposit on a long-term lease. Alternatively, you might want to buy a suitable property with a Commercial Mortgage. 

Commercial Property Finance is arranged on an individual basis. Find out more here.

Funding your plans with a Dental Practice Loan

A Practice Loan recognizes your professional status and does not require security. It can provide a relatively high level of funding at a preferential rate of interest, which you may use for any business purpose.

Contact us to find out more about this type of funding.

Refurbishing your practice

Sometimes your existing surgery needs an update, or you have bought a second site which needs fitting out. Refurbishment Finance could give you the funds you need to get your practice up to date.

Tax Loans for dental practices

Tax Loans help you to spread the cost of VAT and annual tax demands into monthly payments, helping smooth your cashflow.

Our finance experts can help you deal with your tax bills.

Working Capital Finance for your dental practice

Working Capital Finance is designed to give you additional working capital, often to provide cash to pay staff and suppliers during the early weeks and months of opening a practice or during a period of growth. It is designed to be repaid in the short- to medium-term.

Our practice financing experts can help solve your working capital needs.

Growth Finance for dental professionals

Large-scale finance can be vital if you have major plans for your practice, such as acquiring a competitor. Growth Finance is a special type of funding designed to fund your plans.

Try getting our help in finding the most competitive lending for your practice.

Goodwill Loans to help you realize the value in your dental practice

Goodwill Loans, also known as Cash Outs, use the value you have built up in your practice as the security for a loan.

They can often provide a sum comparable to your annual turnover. This type of lending is suitable for any purpose inside or outside the business. Many dentists use it to fund investments or property purchases.

We can help you find the most appropriate lending.