Dental practice finance for clinics in the UK

Allow your medical or dental practice to benefit from our new business loan solution. We provide finance to boost healthcare.

Apply online

Don’t waste time with unnecessary forms and meetings.

For any purpose

Flexible, controllable funding, tailored to your specific needs.

Maximise ROI

Competitive rates and charges, with no hidden costs.

Peace of mind

Your application is processed promptly, rigorously and securely.

Versatile finance for medical and dental practices

Healthcare is a busy industry, as people are paying more attention to medical matters and new techniques are becoming available in cosmetic surgery and dentistry. Running a successful medical practice means meeting the needs of patients and also keeping a close eye on the finances.

Medical and dental practices must keep up with current trends and techniques in healthcare. This requires maintaining a budget for continual improvements across the business.

Financing these business improvements can be a challenge, as assets need to be acquired before they can generate revenue. This is why it’s important that dental surgeries and medical practices can secure the loans they require.

Versatile finance for medical and dental practices

Healthcare is a busy industry, as people are paying more attention to medical matters and new techniques are becoming available in cosmetic surgery and dentistry. Running a successful medical practice means meeting the needs of patients and also keeping a close eye on the finances.

Medical and dental practices must keep up with current trends and techniques in healthcare. This requires maintaining a budget for continual improvements across the business.

Financing these business improvements can be a challenge, as assets need to be acquired before they can generate revenue. This is why it’s important that dental surgeries and medical practices can secure the loans they require.

How can Spotcap medical practice finance work for doctors in the UK?

It pays to invest in the right business finance for your practice. The best finance is an arrangement that is tailored to your particular needs. There are numerous forms of finance available, many of which are designed more for the lender than your medical practice.

Spotcap medical and dental practice finance is different and unique. It’s based on a line of credit to which you’re given access when your loan application is approved. You choose to draw down from this credit line what your practice needs to borrow.

Each drawdown becomes a business loan, repayable over 7 to 15 months. But if you choose, you can repay early without being charged a penalty. Flexibility is at the heart of Spotcap medical and dental practice finance.

How can finance from Spotcap help my medical practice?

It’s your choice how you make use of the funds we make available to your practice. You could use them to:

  • Buy new medical or dental equipment

    Medical and dental technology doesn’t stand still and if you want to offer the best service, you need to keep up with the new tools. A Spotcap loan helps you to keep investing in the best patient care.

  • Refurbish your premises

    A finance arrangement can release the funds you need to make your surgeries and waiting rooms more efficient and attractive, and keep the patients coming back.

  • Dress up your staff

    Medical uniforms inspire confidence, particularly when they’re new and fresh. With a loan you can afford to keep your team looking professional and give patients the assurance they want when they come to you.

  • Improve your patient communications

    Patient non-attendance at appointments is a major overhead for medical and dental practices. Utilising a Spotcap loan to improve communication could boost attendance and also productivity.

What you need to know if you’re considering a Spotcap loan for your medical or dental practice

Loan amount

We help businesses by lending amounts of between £10k and £150k.

Loan terms

A Spotcap loans starts as a line of credit. You draw down funds as and when you need them. These withdrawals become loans, usually repayable over 7 to 15 months.

Criteria to qualify

Our basic eligibility requirements are: your business must have a turnover of at least £250k, be UK-based with a UK business bank account, and have been operating for at least 24 months.

Interest rates

Our business loan calculator can help you estimate interest costs and monthly repayments. The rate on your loan will depend on market conditions and your recent business performance.

Business loan repayment calculator

  • Amount
    £100,000
  • Time
    12 months

£9,340

Monthly Repayment

For illustrative purposes only. The example shown above is based on 1.8% average monthly interest rate and 2.0% arrangement fee. The APR is . We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Monthly Repayment

£9,340

  • Amount
    £100,000
  • Time
    12 months
For illustrative purposes only. The example shown above is based on 1.8% average monthly interest rate and 2.0% arrangement fee. The APR is . We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

How to apply for your medical practice finance

signup-gradient

Sign up

We need basic personal and business information to initiate the application process.

connect-gradient

Complete the application

To complete your application, upload your bank statements and submit your financial reports, either by uploading them or linking your accounting software.

approved-gradient

Get approval

Once approved for a business loan, it will take only one working day to get access to the funds.