This dentistry practice, based in North-West England provide NHS and private dental and hygiene service. They were in need of a funding solution for a new surgery fit out and refurbishment.
The Challenge
The refurbishment involved multiple upgrades, including new flooring, fire door installation, painting and decorating, plumbing, and cabinetry fitting. On top of these improvements, they needed funding to purchase essential equipment such as a dental chair, scanner, X-ray machine, and laptop. After more than six months searching for financing through alternative providers, they were unable to find a solution that aligned with their needs and budget. This is where Moorgate Project Finance stepped in to help.
The Solution
Moorgate Finance efficiently gathered the necessary information from the client and secured a £65,000 professions loan, with no deposit and spread over 60 months. The chosen lender specializes in professional entities, making them an ideal fit for the business. We were able to complete the deal within just two weeks of the initial conversation- beating a competitor who had been working on the client’s proposal for over six months. As a result, the client was very pleased by both the speed of the process with Moorgate Project Finance and the highly competitive rate we secured for them.
This funding has allowed the client to begin the fit-out and refurbishment, scheduling the work in a way that best suits the business. It also enables the practice manager to begin recruiting a new dentist, ensuring they are ready to serve both NHS and private patients as soon as the dentist surgery is complete.
The Highlights
✅ £65,000 professions loan secured for the dentist surgery, spread over 6 months
✅ Moorgate Project Finance were able to beat a competitor who had been working on the proposal for over six months
✅ The funding has allowed them to begin the refurbishment and prepare for new patients when the surgery is complete
Give us a call on 01908 92 62 62 or head to www.moorgatefinance.com/apply-now to start the conversation.