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When it comes to financing the purchasing of a practice, you need some form of security to get the green light. A Goodwill Loan is essentially a loan using only the goodwill of the practice as collateral.
Goodwill Loans can also fund the stock and equipment component of a purchase, and the practice premises.
At Credabl, we take care of all the intricacies such as repayment terms, establishment costs, ongoing fees, refinancing and leveraging the value of your goodwill to pay debts, invest and more.
Want to use alternative security to achieve a lower cost of funds? No problem. We look at all the options available and let you know the pros and cons of each and support you through the process to make the decision that’s best for you.