Practice Refinance & Debt Consolidation
Restructure
what you already owe.
Practices that have grown through acquisitions, refits and short-term facilities can end up with borrowing that no longer fits the business. A refinancing exercise can explore whether it can be reorganised into a more appropriate structure.
- Confidential, no-obligation discussion
- Whole of market access
- We are a broker, not a lender
“I highly recommend this company: excellent service all round.”
Who this is for
- Practices that have grown by acquisition
- Practices with several short-term facilities
- Practices whose lender has changed appetite
- Lender searchWhole of marketNot tied to any one lender
- Instant QuotesNo credit searchSee indicative quotes first
- Who we helpProfessional practicesSole traders, partnerships, LLPs and companies
- Our roleSpecialist brokerWe approach suitable lenders for you
Quick answer
Can a professional practice refinance its existing borrowing?
Yes. Practice refinancing reviews existing debt, such as acquisition loans, short-term facilities and asset finance, and looks at whether it can be reorganised into a structure that better fits the practice. It is common after a period of growth through acquisitions or refits. We review the position and search the market for suitable options.
The pressure
Borrowing built up one decision at a time.
Each facility made sense when it was taken out. Together they can mean several lenders, different repayment dates and limited room for the next opportunity.
Refinancing isn’t automatically cheaper, and consolidating can mean paying over a longer period. The aim is a structure that suits the practice as it is now, and we’ll set out the trade-offs clearly.
What can be refinanced
What it can cover.
“The whole process was very smooth and was completed within a few days.”
- 01 Acquisition debt Often to release capacity for the next acquisition.
- 02 Several short-term facilities Reorganised into fewer, better-matched arrangements.
- 03 Practice premises An existing commercial mortgage.
- 04 Deferred consideration Future instalments due to a vendor.
How it’s often structured
Structured around the practice.
A refinance starts with a schedule of everything the practice owes: each facility, its rate, term, security and any early repayment charges. From there, some facilities may be worth consolidating into a single term loan, while others, such as asset finance on equipment, are often best left in place. Where the practice owns equipment outright, equipment refinance can release cash from it instead.
Premises debt is usually refinanced with a new commercial mortgage. Acquisition debt may be restructured over a longer term to create room for the next deal. The total cost, including exit fees and arrangement costs, has to be weighed against the benefit.
How we help
Not one lender. The right one.
We don't offer a single product. We look at what you're trying to fund, how your firm earns and spends, and which lenders in the market are most likely to support it. Then we prepare the case, approach suitable lenders and manage the process through to completion.
- Whole of market accessHigh street banks, specialist and private lenders.
- Specialist understandingLenders who understand how practices earn and grow.
- Your case, properly presentedStructured and put to lenders suited to it.
- With you to completionFrom the first conversation to funds arriving.
What lenders will want to see
What lenders will look at.
- A schedule of existing borrowing, with statements and terms
- Recent accounts and management figures
- The purpose of the refinance and what it should achieve
- For property, a valuation and the title
- The practice’s plans for the next few years
Who this is for
- Practices that have grown by acquisitionSeveral deals funded separately, now ready to be consolidated.
- Practices with several short-term facilitiesTax loans, premium finance and an overdraft that no longer clears.
- Practices whose lender has changed appetiteLooking for a lender better suited to the practice as it is today.
Questions
What firms usually ask.
Can I refinance practice acquisition debt?
Often, yes. Practices that have grown by acquisition can refinance that borrowing, sometimes to consolidate several loans or release capacity for the next deal. Whether it works depends on the practice’s income, existing terms and early repayment costs. We review what you owe and search the market for a better-matched structure.
Is consolidating practice debt always cheaper?
No. Refinancing isn’t automatically cheaper, and consolidating can mean paying over a longer period, so the total cost may rise. Existing lenders may also charge to repay early. The aim is a structure that suits the practice as it is now, and we’ll set out the trade-offs clearly before you decide. The British Business Bank’s finance guidance is a useful impartial starting point.
Can we combine several short-term facilities into one loan?
In many cases. Practices often build up several facilities from refits, equipment and working capital, each with its own lender and repayment date. These can sometimes be reorganised into fewer, better-matched arrangements. We look at what each facility is for before suggesting what should be combined.
Can I refinance the commercial mortgage on our practice premises?
Yes, refinancing an existing commercial mortgage on the building you practise from is a common reason dental, veterinary, GP and pharmacy practices review their borrowing. It can be done on its own or alongside other practice debt. We search the market and approach lenders suited to professional practice premises.
Can deferred consideration owed to a vendor be refinanced?
It often can. Future instalments due to the person who sold you the practice or fee block can sometimes be replaced with a single facility. That can simplify the practice’s commitments, though it depends on the sale agreement and the lender. We’ll check the terms before approaching the market.
Success stories
Refinance & Debt Consolidation in practice.
In our clients’ words
“We had already approached other finance companies who weren’t able to help. From our first conversation to everything being completed took around 7 days, and they kept us informed throughout. If you’ve struggled to get help elsewhere, I would absolutely recommend giving them a call.”
Knowledge Hub
Read the guides.
Fee Block Finance: How Accountancy and Advisory Practices Fund Buying a Client Book
A practical guide to financing a fee block purchase: how deals are priced and structured, what lenders look at, and how to protect cash flow while the clients bed in.
Read the guide →Funding Partner Retirement, Buy-outs and Practice Succession
How partnerships, LLPs and practice owners fund a retiring partner’s capital and goodwill, internal buy-outs and succession, and why planning early makes it easier.
Read the guide →Hire Purchase, Leasing or a Loan: Financing Practice Equipment and Technology
How hire purchase, finance leases, operating leases, contract hire and loans compare for dental chairs, imaging, OCT, dispensing robots, case management systems and vehicles.
Read the guide →Let's talk
Borrowing no longer fits?
Let’s review it together.
Before you approach a lender, speak to someone who understands the transaction. Confidential, no-obligation initial discussion.
