Starting a medical practice

The costs cluster into six categories: premises and fitout, equipment and IT, registrations, insurances and compliance, staffing, marketing, and a working capital buffer for the ramp-up months. We have published the full line-by-line breakdown in our guide, how much does it cost to start a medical practice in Australia?. This page is about the other half of the question: how those costs get funded.

A startup practice has no financials, so the lending case is built on you: your qualifications, your income and its trajectory, your investment, who is in it with you, and a plan a credit team can believe. Lenders familiar with medical professionals can lend on that basis where mainstream business credit would say no. How your income is presented is the critical piece, and for a startup it is nearly the whole application. This is where a specialist changes the outcome, not just the paperwork.

Starting gives you the location, model and culture you actually want, and usually a lower entry price. Buying gives you cash flow from day one, which lenders find easier to back. Neither is universally right, and the finance strategy differs sharply between them. If you are weighing both, read buying a medical practice, then have one conversation that compares your numbers under each path.

Premises and fitout. Design, construction and compliance works, funded as a package. Detail: practice fitout finance.
Equipment and IT. Chairs, imaging, sterilisation, diagnostics and practice software, typically under asset finance so the equipment carries its own security. Detail: medical equipment finance.
Working capital. Wages, rent and marketing through the ramp-up months, held as a standalone facility drawn only if needed.
Buying the premises. If you are purchasing rather than leasing, a commercial property facility can sit alongside the practice lending.
General information 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 the practice you want to build and where you are starting from. No credit check, no cost.
2. Within 48 hours: your lending strategy. Which lenders back startup practices in your profession, what you can fund, and how the package should be split.
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 opening day. Funds released in step with the build and the equipment orders, and we stay your specialist for the lending that comes after.