Finance for cardiologists

Cardiology incomes rarely arrive on one payslip. A typical file mixes a fractional public hospital appointment, private consulting billings, and sessional procedural work at hospitals and cath labs, with billings often in the cardiologist's own name and service fees paid to a practice entity. A generalist bank can read that as complexity and discount it. A lender who knows the profession, briefed properly, reads it as what it is: a strong, diversified specialist income. Which lender takes which view at your career stage, and how your structure should be presented, is exactly what MedX Finance carries into every application.

Almost everything a practice and a life need. Consulting rooms and fitout. Diagnostic equipment such as echocardiography, stress testing and Holter monitoring systems, usually financed against the asset itself in the entity that runs the practice, so the debt sits where the income sits. Owner-occupied practice premises at up to 100% of purchase price or valuation. And home lending at up to 95% LVR with no LMI under medico policy, at any stage of the journey from advanced trainee to practice principal.

Multi-entity structures are normal in cardiology: billings in your own name, a service entity employing staff and holding the rooms, sometimes a separate entity for equipment or premises. There is also typically little goodwill in specialist practice, because referrals follow the doctor. That means buy-ins and practice purchases are usually structured around equity, premises and equipment rather than a goodwill price. Lenders who see few specialist files can stumble on all of this. Presented properly, the structure becomes an asset, not an obstacle, and MedX Finance has structured lending across single and multi-location cardiology groups, startups and scale-ups alike.

Consulting rooms. Fitout, consult and testing rooms, and the working capital to carry the early months. Fitout costs vary widely with the scope of the build, and the finance is sized to the project.
Diagnostic equipment. A premium echocardiography system is commonly a six-figure purchase, with stress testing systems and Holter fleets adding to the stack. Financed against the equipment, matched to how it earns.
Premises. Buying your rooms instead of renting them: up to 100% of purchase price or valuation on owner-occupied practice premises.
Buy-ins and equity. With little goodwill in specialist practice, a cardiology buy-in is usually priced around equity, premises and equipment. MedX Finance structures these regularly, from first buy-in to multi-site groups.
Home. Up to 95% LVR with no LMI under medico lending policy.
Illustrative categories only, not financial advice. Eligibility, structures and terms depend on your circumstances and lender criteria.

Plenty of our clients talk to us long before a loan exists: weighing a practice purchase, planning a fitout, or working out what their career unlocks. That early thinking costs nothing and is some of the most valuable work we do. And when you are ready to move, it runs like this:
1. Today: talk to a specialist. 15 minutes on your situation and goals. No credit check, no cost.
2. Within 48 hours: your lending strategy. Which lenders fit your stage and structure, what you can borrow, what it costs.
3. Application to approval. We package, submit and chase. Timing depends on the lender and the deal, and you will always know where things stand.
4. Approval to settlement. We coordinate through to the finish, and stay your broker for the loans that come after.