Commercial Loans Simplified

Commercial solutions for Doctors, Dentists, Vets and Allied Health Professionals

Removing the complexities of finding the right solution

Multiple loan structures, risk assessments and strict underwriting criteria can make finding and securing the right commercial loan complex. Our specialists will help navigate the complexity and solve for your specific needs

Product Approach

Commercial Loans require a different approach to home loans. At MedX Finance we are accustomed to handling more complex and unconventional loan transactions for the medical community. We understand the intricacies of the market, the community and have the expertise and relationships to structure deals that meet both the borrower's requirements and the lender's risk appetite.

We will streamline this process for you. We’ll do the research, comparison shopping and negotiating to make sure what we present you is the best financing solution available in the commercial space.

Whether your’e a Doctor, Dentist, Vet or Allied health professional, we can support you with securing the right commercial loan to meet you ambitions

Commercial Loan Benefits

  • We can assist in securing loans for doctors and dentists that cover up 100% of the purchase price or value of the asset without the need for Mortgage Insurance.

    Mortgage insurance is typically required by lenders when a borrower puts down less than 20% of the purchase price. The availability of such financing options can depend on the lender, your profession and your individual financial situation.

    Here at MedX Finance we will guide you through this to get the best outcome.

  • With MedX Finance, you have access to all key lenders in the medical space, including banks and non-bank institutions.

    This means we can provide you with an unbiased range of mortgage options to choose from, as opposed to one lender pushing their product.

    Our specialists will also add value by working with your trusted advisors to find you the most tax effective and cost-effective solutions.

  • Whether you are looking to purchase your own practice premises or a commercial investment property, our team can assist.

    Lenders often require larger deposits and can impose additional strict lending covenants should they deem particular projects as risky.

    At MedX Finance, we assist in ensuring that each lending scenario is structured in a way that maximises the loan application’s chances of success, whilst ensuring it meets your financial needs.

  • Self-Managed Super Fund lending can be a complex area and it is essential for individuals interested in using their Self-Managed Super Fund for property investment to work with experienced financial advisors/ mortgage brokers such as MedX Finance, who specialise in this space.

    These decisions will need to align with your retirement goals and comply with all legal requirements.

    Here at MedX Finance, our specialists are well versed in sourcing Self-Managed Super Fund loans for the medical community. We can also connect you with the right professional advisors if you are looking to create and potentially borrow via your Self Managed Super Fund for the first time.

  • Construction loans can be beneficial for individuals or businesses looking to build a new property or undertake significant renovations.

    However, they require careful planning, including understanding the terms, having a clear construction plan, and working closely with the lender, builders, and other professionals involved in the project.

    It's essential to have a strong financial plan in place to manage the transition from construction to a permanent mortgage once the project is completed.

    Our finance specialists at MedX Finance will partner with you and your 3rd parties to ensure your project secures the best financing solution.

Customer feedback

  • Dr Frank Barbagallo, GP

    Trevor Knowles has supported my debt funding needs since I first started my medical businesses our relationship now being in its 20th year. From financing a medical office fit-out, extensive IT equipment, car finance or mortgage lending ( residential, investment and commercial), Trevor has arranged it all. My projects with Trevor included the refinance of complex Family Trust and SMSF structures, fund a medical clinic building development and expensive medical capital equipment installations.

  • Dr Daniel Massih, Dentist

    I’m really grateful for the services provided by Michael and Rachael over the years. Friendly and professional, and easy to reach out to. I know I am in great hands dealing with Medx Finance and have recommended them to all my colleagues

  • Dr Eugene Ng, Radiologist

    Michael knows his stuff! He is friendly, reliable, very obliging and always answers calls promptly. The people whom I have referred on to Michael have all had positive experiences and are very happy with his service, knowledge and integrity.

  • Girish Basavaraj, Dentist

    I have had the pleasure of knowing Todd O'Reilly for over 15 years, and I can confidently say that he is the go-to person for all your financial needs. Whether it's personal loans, business loans, car loans, or SMSF loans, Todd is the expert you can trust

  • Dr Vivien Lee, Assistant Surgeon

    Michael has been assisting me with my banking needs since 2005. He is an outstanding professional - efficient, thorough, obliging, discreet and most importantly ethical. He explains industry specific jargon in simple but practical terms, and at the same time treating customers with respect. He consistently delivers despite tight timelines outside his control

  • Dr Sam Snelling, Veterinary Specialist Surgeon

    Without doubt, our business only exists today because of Trevor's effort to understand how our profession operates. Since our initial fitout, Trevor has helped grow our practiceand finance several major upgrades in equipment, as well as organising our family lending. For everysingle investment our business or family makes, the first call is always to Trevor.

  • Professor Mark Umstad, Obstetrician and Gynaecologist

    Trevor Knowles has been known to me professionally for over 15 years. I have found him to be professional, efficient and approachable at all times. He can be trusted to handle medical finance issues with honesty and integrity. He has an understanding that medical professionals are busy individuals and he manages to provide a professional service in a timely manner.

  • Dr Wendy Marshman, Ophthalmologist

    I have had the privilege of knowing Trevor for nearly 20 years . He has helped me procure finance for both my business and personal purchases and in all areas and transactions he has been honest, insightful and extremely helpful . All interactions have made me feel that he is personally committed to achieving the best outcome for myself, thus making the whole process virtually stress free. I could not recommend Trevor more highly.

  • Dr Joe Juric, Dentist

    Trevor has been assisting me in the financing of my dental practice now for over 10 years. During this time he has shown an understanding of the various financial needs of a practice in its different stages of growth. In my direct dealings with him and also those of my financial team, he has been responsive, diligent, innovative, efficient, and a pleasure to do business with.

  • Assoc Prof Richard Vojlay, Optometrist

    I have had the pleasure of being associated with Trevor for more than 20 years. Over that period he has assisted in arranging finance for two consulting room fit outs, including a retinal camera, Topcon OCT, 2 slit lamp cameras, a Medmont topographer and 3 vehicles. More recently guided me through the financing for a complete refit of the practice including an extra consulting room and dispensary. This required a significant loan and Trevor was able to structure the facility to minimise any cash flow issues. I highly recommend his services.

  • Dr P Lattouf, Dentist

    When searching for loan you need someone you can trust. Michael and his team are second to none. Honest, Prompt and Professional. For 15 years there has NEVER been a breakdown in communication nor a refusal for a loan application. He has made all processes very smooth and I couldn’t be happier to recommend his services to anyone

FAQs

  • A commercial loan is a financial product designed for business purposes rather than personal use. It can be used by businesses to fund various needs, including:

    Property Purchase: You can use a commercial loan to purchase or invest in commercial real estate, such as office buildings, warehouses, or retail spaces.

    Business Expansion: If your business is looking to grow or expand operations, a commercial loan can provide the necessary capital for initiatives like opening new locations, launching new products, or entering new markets.

    Working Capital: Commercial loans can also be used to cover day-to-day operational expenses, including payroll, inventory, and other business-related costs.

    Equipment Purchase: Businesses often need specialized equipment or machinery. A commercial loan can help you acquire these assets without a significant upfront cost.

    Debt Refinancing: Refinancing existing business debt can be an effective way to manage cash flow and reduce interest expenses. A commercial loan can be used for this purpose.

    Business Acquisition: If you're looking to acquire another business, a commercial loan can provide the necessary funds for the purchase.

    Start-Up Capital: Entrepreneurs and new businesses can use commercial loans as start-up capital to get their ventures off the ground.

    It's important to note that commercial loans may have different terms, interest rates, and eligibility criteria compared to personal loans, as they are customised to the unique financial needs of businesses. We will work closely with you to find the right product, lender and structure for your loan

  • Whether a deposit is required or not will depend on the client circumstances and if the property is to be used as an owner-occupied medical clinic.

    Many practitioners can access a loan equivalent to 100% of the purchase price or valuation (whichever the lesser).

  • Loans are available to healthcare professionals to acquire property in their SMSF, however a deposit will be required.

    The size of that deposit varies across lenders, and there are fewer lenders active in this space.

    There are many legal and tax implications to consider from the lender and client perspective, so it is critical to seek advice from qualified advisors.

  • Borrowing to cover the cost of GST can be arranged, as well as costs associated with the purchase.

    It may be that a separate shorter-term loan is suitable given GST is normally claimed back in the next BAS.

  • If payable, fees cover the application, legal, and valuation costs. These can vary significantly from set amounts to a percentage of the loan amount, so it pays to have MedX Finance negotiate fees on your behalf.

  • Most commercial loans have different functionality to residential loans. It is not common for commercial loans to come with an offset account for instance.

    However, some SMSF loans can come with an offset account via specific lenders.

    MedX Finance will work closely with you and your trusted advisors to make sure we choose the right loan type and features for your situation.

  • In short, yes, a commercial loan can be used for a range of capital requests including:

    Purchasing a new commercial property for your practice

    Renovating your existing practice to increase capability, offering or space

    Buying new equipment or upgrading old equipment

    Securing extra capital so you can pay work related bills and invoices or make payroll.

Our Solutions

  • Practice Finance

    Starting, buying, or purchasing a share in a practice are all potential pathways to fulfilling ambitions. However, they all have unique financial nuances that warrant specialist advice to take full advantage of the opportunity. MedX Finance will work with you to make sure securing finance does not hinder your momentum but rather compliments your ambition.

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  • Home Loans

    Fixed Rate, Variable, Offsets, Redraw, Investments, Cash Backs, discounts, tax effective…there's a lot to get right to make home loans work for you. But with decades of experience and a customer first approach we will find the solution that's right for you.

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  • Car Finance

    Leases, Novated Leases, Chattel mortgages, balloon payments, car value and so much more can make a big difference when it comes to making sure your car is more than the drive of a lifetime. Here at MedX Finance our experts will work with you to structure a solution to suit you in the short and long term.

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  • Equipment Finance

    Balancing clinical outcomes and growth ambitions with ROI and commercial metrics can feel like a hard call. MedX Finance will work with you to make it simpler. We’ll ask the right questions of you, the equipment provider and the lenders to make sure we deliver the right financial solution so everybody wins.

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  • Commercial Loans

    Multiple loan structures, strict underwriting criteria and risk assessments can make finding and securing the right commercial loan complex. Our specialists will help navigate the complexity and ensure a solve for your specific needs.

    Learn More