You have the opportunity to purchase the freehold of a practice premises or perhaps planning has been granted for an extension.
This might be your first practice purchase and the vendor wants to sell the freehold of the building or you might already own the premises and want to raise finance on the property to extend, undertake modifications, or refurbishment.
Alternatively, you might be looking to use the equity in the building to support a business acquisition. Our Practice Finance Consultant will discuss your medium and long term plan including exit strategy.
One option might be to present a documented business case to your existing bankers but more usually combined with a competitive tender to reference alternative and potentially more competitive terms from other lenders looking to increase their market share in this sector.
A further option might be to explore the commercial mortgage market and secure a long term loan on a transactional basis.
Whatever your plans, Lily Head Finance has the banking and commercial experience in-house to bring your vision to life and get buy-in from a Bank or other financial institution.
Lily Head Finance Limited t/a Lily Head Finance – Reg. in England & Wales – Co. No. 12394352
Reg. Office: c/o Ollis & Co, 2 Hamilton Terrace, Leamington Spa, Warwickshire CV32 4LY
Authorised & Regulated by the Financial Conduct Authority. FRN: 923905
Lily Head Finance is a Credit Broker and not a Principal Lender. 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.
Lily Head Finance is a member of the NACFB (National Association of Commercial Finance Brokers)
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