Get in touch
TVAF
7 West Mills Yard, Newbury,
Berkshire, RG14 5LP
With a perceived shortage of dentists across the UK it was great to be able to assist a new start practice.
The business owners had many years experience in the sector but were setting up a new ‘Squat’ dental practice. In essence this is starting up a site from scratch rather than taking over an existing business.
Setting up a squat practice can come with it’s own challenges, from finding a suitable site to getting it fully specked and kitted out.
There are however funders who love to work with professionals in this sector and understand how they operate and generate their income.
We were able to arrange a £100k loan for the business over a 60 month term, supported by the director’s personal guarantees. With further funding in the pipeline for the fit out, hopefully this will be the first of many new sites!
If you operate in the professional or healthcare sector and are looking for assistance with a new or existing venture, please give us a call for a no obligation discussion.