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Read time: 2 mins Added: 31/07/2023
A strong mix of healthcare specialism and a flexible approach to funding, has allowed FTA Finance Ltd to broker a deal that gives their client the freedom to take ownership of their practice and control their repayments.
Dental practices are highly regulated, and so understanding the sector is crucial. For this deal, it was paramount that everyone involved, including a number of professionals in the chain - valuer, solicitor, and Lloyds Bank of course, all had a specialism for this sector. Adam’s proposal was presented as part of a tender to several lenders, but he chose Lloyds Bank based on our sector knowledge, and our experience in working with businesses like his.
We were able to provide a bespoke package of pricing to meet Adam’s requirements, which means he is now the sole principal of the practice. This provides the required remit to take the business in his chosen direction, attract a range of new talent to his team, and will enable him to grow his practice into the future.
All lending is subject to status