Dental practice finance for independent owners
Moving from associate to practice owner is a significant step. We help first-time buyers and small practice groups explore finance, prepare their proposal and understand the terms available.
Buying your first dental practice
The right practice needs to fit both your professional ambitions and your financial position. We discuss the proposed purchase, your available contribution and the information needed to explore funding.
Alongside the asking price, consider transaction costs, planned investment and the cash the practice will need after completion. Your accountant and solicitor can help you assess the underlying business and the purchase terms.
Growing a small practice group
Buying a second or third practice can change how you manage people, borrowing and cash flow. We help you present the new transaction alongside your existing business and discuss finance in that wider context.
Refinancing and investment
You may be reviewing existing debt, considering a partner transaction or planning new equipment. We can discuss the purpose of the funding and the options relevant to it. For equipment purchases, we can also explore asset finance.
What to bring to our first conversation
Bring the practice details, asking price, available financial information, a summary of the income mix, your professional background and details of your contribution and existing commitments. If you are already an owner, include information about your existing practice or group.
You do not need a complete application to start a conversation. We will explain what is missing and what lenders may need next.
Clear support through the funding process
We help prepare the borrowing case, approach suitable lenders and explain the terms offered. We stay involved in funding-related questions as your application progresses, alongside the other professionals working on your purchase.
Dental finance questions
Do you help first-time practice buyers?
Yes. First-time buyers and small operators are central to our service. We begin with your plans and circumstances, then discuss what is needed to explore finance.
How much can I borrow?
That depends on the practice, the proposed transaction, your financial position and lender assessment. We help you explore the possibilities without relying on a universal deposit or borrowing percentage.
Can you help with NHS, private and mixed practices?
Tell us about the practice and its income mix. We will use that information when considering suitable lenders and the details needed for the application.
What if I am planning a new practice rather than buying one?
A start-up requires a different funding discussion from an established practice purchase. Tell us about the premises, planned investment and your business plan so we can assess whether we can assist.
Can equipment be funded separately?
We can explore equipment finance alongside the wider borrowing requirement. The structure needs to work with your total commitments and any lender conditions.
Discuss your next practice purchase
Request a callback to talk through your plans and the information needed to move forward.
Finance is subject to status, lender criteria and assessment. Security and personal guarantees may be required.
Let’s discuss your next step
We are a credit broker not a lender. Cogent Finance is a trading style of Cogent Finance Limited, registered at 9 Freetrade House, Lowther Road, Stanmore, HA7 1EP. Company Register number is 08858716. Cogent Finance Limited is Authorised and Regulated by the Financial Conduct Authority. Our FCA registration number is 727183. You can check via www.register.fca.org. We are registered with the ICO, ZA101760 and you can check via www.ico.org.uk. We conduct unregulated business only and therefore not all products provided through us are regulated by the Financial Conduct Authority. We source finance from the whole of market. We may receive commissions that will vary depending on the lender, product, or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
Cogent Finance Ltd is a member of the National Association of Commercial Finance Brokers (NACFB).