Frequently Asked Questions

No hoops. We put you first, by keeping things simple and understanding your professional circumstances. Plus, our people are here to stay.

The lending process typically starts with a consultation with a lending specialist who understands the specific needs of medical professionals. At Credabl, we understand the unique circumstances of medical professionals and we will assess your situation, determine your borrowing capacity and guide you through the application process. After approval, the funds will be made available for use towards your practice fitout.

Before applying for a fitout loan, consider the overall cost of your practice fitout and how much you can comfortably afford to repay. Consider your practice's cash flow and the loan's impact on it. Remember, a fitout loan should help your practice grow, not put undue financial strain on it.

The amount you can borrow is dependent on what you need the finance for. In some cases we can lend you up to 100%.

As the saying goes, cash is king! So, we’ll do everything in our power to ensure the repayments are manageable for you and your practice. After all, that's what we're here for.

We know a lot about you and your profession already, so we'll keep documents to a minimum. There are some legal requirements we need to adhere to though, and the required documents depend on the type of loan you need. Our team are always available to run through a quick checklist with you, but to get the ball rolling it's useful to have your ID, financial statements and details on other loans handy.

Every application is different, so it's hard to say. Just know that it's our goal to provide finance in record time. We take pride in moving fast.

Once we see your enquiry, a member of the Credabl team will get in touch to discuss your requirements.

We understand the demands of your work schedule. So we're happy to travel to meet you at any convenient location. We're also happy to do video calls and keep a safe social distance if that's preferred.

We're everywhere, and just a click away. But, when our team goes to work every day, you'll find them in Sydney, Melbourne, Perth, Brisbane, Adelaide and the Gold Coast, for now!

If you're not a doctor, dentist, vet or allied healthcare professional, we are still very happy to discuss your financial needs and see if we can assist.

Our knowledge of your industry is part of the service. While we prefer not to charge a fee, at times a fee is required. In that case, we will advise you of any fees which are generally reimbursed when you proceed with your loan facility.

Absolutely. We're passionate about assisting medical students to kick-start their careers with business or personal loans.

Have you got an entrepreneurial spirit and a digital mindset? Do you think Doctors are heroes? Do you like supporting business owners to thrive? Then get in touch and we'll test your mettle! Send an email to hello@credabl.com.au.

Doctors can compare different loan offers by assessing the interest rates, repayment terms, fees and other features; many lenders provide online tools to compare their loan products. At Credabl, we strive to make this process simpler for our clients by offering transparent loan terms and conditions. Our team of experts is always available to help doctors understand and choose the loan option that best suits their needs.

Many lenders, including Credabl, offers tailored interest rates for loans catered to doctors. These rates are offered as a result of their potential stable and high income.

Yes, the income of a doctor could significantly influence the terms of their loan. Given their high and stable income, may result in eligibility for higher loan amounts, lower interest rates, and more flexible repayment terms. At Credabl, we understand the earning potential of doctors and design our loan products to match their specific financial circumstances.

Lender's Mortgage Insurance (LMI) protects the lender in case the borrower defaults on their home loan. With loans specifically designed for doctors, lenders often offer waivers or reductions in LMI. This is because doctors, with their high and stable income, potentially poses a lower risk to lenders. Credabl recognises this and therefore offers loan solutions with potential LMI benefits, making the loans even more attractive to doctors.

Yes, loans specifically designed for doctors can be an ideal solution for various purposes, including purchasing a medical practice, upgrading equipment, or expanding existing premises. Credabl, being a specialist in medical finance, understands the substantial income potential and job stability of doctors and therefore offers high borrowing limits and flexible repayment plans. This could significantly aid doctors in realising their professional goals.

While traditional banks do offer loans for doctors, specialist lenders often offer more tailored solutions and benefits and have an intimate understanding of the different financial and employment structures, and income or revenue streams that traditional banks find challenging. As specialist lenders, Credabl understands the specific financial requirements of doctors and hence, can offer tailored loan products that come with competitive interest rates and flexible terms. Moreover, specialist lenders often provide a more personalised service, which ensures a smooth, efficient and rewarding lending experience. Choosing a specialist lender like Credabl means you are choosing a partner who truly understands your profession and your unique needs.

Loans specifically designed for doctors come with several advantages, such as lower interest rates, waived Lender's Mortgage Insurance (LMI), higher loan-to-value ratios and flexible repayment terms. With a deep understanding of the medical industry, Credabl provides loans tailored to doctors' unique circumstances and financial needs. By taking advantage of these specialist loans from Credabl, doctors can save a significant amount of money, thereby strengthening their financial standing.

Loans for doctors are financial products specifically designed to cater to the unique needs of medical professionals, such as physicians or specialists. Taking in consideration their steady income and job security, many lending institutions offer tailored loan packages for doctors. These may include competitive interest rates, higher borrowing limits and reduced or no Lender's Mortgage Insurance (LMI). At Credabl, we specialise in providing such loans for doctors, with flexible terms and conditions tailored to meet the specific financial needs of medical professionals.

Managing financing while running a practice can be challenging for doctors. With the right financial support and services however, it can be made more manageable. Credabl's team of finance specialists can assist doctors in understanding their financial options, applying for loans and managing repayments, allowing doctors to focus on providing care to their patients.

Doctors should consider several factors when choosing a loan, including the interest rate, repayment terms, loan amount and any potential fees. It is also important to consider the loan's purpose – for instance, whether the loan is intended for purchasing equipment, expanding a practice, or managing cash flow. At Credabl, our team of finance specialist can assist doctors in evaluating these factors and choosing the loan that best fits their needs.

Yes, some financial institutions offer services that are tailored specifically to meet the needs of doctors. These services could include loans with more flexible terms, equipment financing options and specialised investment advice. With Credabl's vast experience and understanding of the unique needs and demands of a doctor's profession, we aim to provide appropriate and effective financial solutions that help you get closer to your professional goals.

Applying for a loan as a doctor may involve submitting relevant documentation such as personal identification, financial statements and possibly a business plan. Our team of financial specialists are ready to guide doctors through this process, ensuring a smooth and efficient application journey.

Equipment financing can provide doctors with the means to invest in advanced medical equipment and technologies. This could lead to enhanced patient care, improved diagnostic capabilities and a boost to the doctor's professional reputation. Moreover, equipment financing could allow for the cost of expensive machinery to be spread out over a period of time, easing financial strain.

There is a wide range of loan products available specifically tailored to meet the financial needs of doctors. These include practice loans, to finance setting up or expanding a medical practice, equipment loans for purchasing the latest medical equipment and commercial property loans for buying real estate for a clinic or hospital. Each of these loan types has its own specific features, eligibility criteria and repayment terms.

The value of dental practices for sale could be influenced by a number of factors, including the location of the premises, the size of the patient base, the condition of the equipment, the practice's reputation, its financial health and the market dynamics of where it is located. Considering all these factors is crucial to ensure a fair and profitable purchase. 

The sale of a dental practice involves several steps, from an initial assessment of the practice's market value to preparing it for the actual sale. It involves marketing the practice to potential buyers, negotiating terms and finally seeing the practice sold and transferred. This complex process requires meticulous planning and execution.

The lease is crucial when considering buying a dental practice for sale. It determines your tenure at the premises, rental costs and terms of occupancy. A comprehensive understanding of the lease agreement is critical before the practice is sold to avoid unexpected issues.

The location of a dental practice could significantly influence its success in the market. Choosing a practice in a suburb with easy accessibility and high demand for dental services can attract more patients. This contributes to the growth and market position of the practice.

Owning a dental surgery presents an opportunity to shape your professional path. Besides clinical autonomy, the dentist could experience increased financial potential. It provides the opportunity to create your workplace culture, and the chance to provide enhanced patient care. It also offers a principal role in directing the surgery's market presence and responses to market dynamics.

At Credabl, our team provides comprehensive support during the loan process. This includes helping with the application, choosing the right loan, assisting in understanding the terms and conditions, and offering ongoing support throughout the loan term. We are committed to making the finance process as smooth as possible for dentists.

Loans for dentists are usually tailored to the specific needs of the dental professional or their practice. This means they may come with flexible repayment terms and competitive interest rates and may cover expenses unique to the dental industry, like advanced dental equipment or practice fit outs.

Specialised financial services, like Credabl, understand the unique needs and challenges of dental practices. As such, they can provide tailored financial products and advice that cater specifically to the dental industry, potentially offering better terms, rates and suitability than general financial services.

Our team is highly experienced in providing financial services tailored for dental professionals. We offer personalised advice, help with application processes and guidance throughout the loan term. Whether it's for expanding your practice, or buying new equipment, our team is here to support you with your financial needs.

When applying for a loan, dentists should consider their current financial situation, the purpose of the loan, their credit history and the repayment terms and clear financial records to ensure a smooth application process.

There are several finance options available to dental practitioners. These include practice loans, equipment financing, commercial property loans, goodwill loans and more. Each of these loan types is designed to meet the specific needs in your practice, such as buying new equipment or expanding your office space.

Repayments for veterinary financing could vary, based on the loan amount, the loan term and the interest rate. Prior to signing a loan agreement, it is important to understand the repayment schedule, interest rate and any potential fees. This can help ensure that the loan fits within your practice's budget.

Yes, some types of veterinary financing can cover multiple needs within your practice. For example, a business line of credit can be used for various purposes, including equipment purchase, facility renovations, or day-to-day operating expenses. It's crucial to discuss your needs with Credabl's team of financial specialists to find the most suitable finance option.

The loan application process for veterinarians may involve submitting financial statements, business plans and personal identification documents. It's important to show a clear plan of how you intend to use the loan, whether for buying equipment, upgrading facilities, or expanding the practice. Our team is here to assist you throughout this process.

Veterinary equipment finance is a type of loan specifically designed to help vets purchase the equipment they need. This can include everything from diagnostic tools to surgical equipment. Repayment terms and rates are usually structured to the unique needs of the veterinary professional, making it more accessible and manageable for veterinarians and their practice.

Securing a loan for your veterinary practice could provide the financial flexibility to make key investments in equipment, property, or operational needs. This could also help improve service delivery, enhance patient care and contribute to the overall growth and profitability of your practice.

There are several financing options available for veterinarians in Australia. These options may include equipment financing, commercial property loans, business line of credit and overdraft facilities. Each of these options is designed to meet the unique needs of a veterinary practice, whether it is buying new equipment, expanding the clinic, or managing cash flow.

Deciding to purchase a medical business for sale opens the door to a plethora of exciting opportunities. Owning a healthcare practice lets you make a significant impact on community health by delivering critical medical services. Furthermore, you have the chance to capitalise on an established patient base, a valuable asset in the healthcare sector. Ownership also means you can steer the direction of the clinic's future - this could involve the introduction of new healthcare services, improvement of current ones, or innovation in healthcare delivery based on market demand and your expertise. At Credabl, we are ready to support healthcare professionals like you as you embark on this journey. We offer tailored lending solutions, with flexible terms to finance healthcare business purchases, while helping you navigate the financial landscape. Our loans are crafted to aid you in making the most of opportunities within the healthcare sector, whether you're establishing a new medical centre or expanding your consulting services in existing ones.

At Credabl, we understand that buying a medical practice is a significant step that requires thorough financial planning and strategy and our services have been designed to meet these exact needs. We offer tailored loans specifically crafted for medical professionals who are looking to purchase a practice - recognising the unique needs of professionals in the medical field, our loans offer competitive interest rates, flexible repayment terms and personalised service. Our financial support can make the process of purchasing a medical practice less overwhelming and more achievable. With Credabl at your side, healthcare professionals can confidently step into the world of practice ownership.

The healthcare market in NSW plays a substantial role when considering medical clinics for sale. As a populous state, NSW often has a high demand for healthcare services. A well-located medical clinic in an area with high demand, such as Sydney, can potentially attract a large patient base, making it a profitable venture. State-level healthcare policies can also directly impact the operation and success of the clinic. Here at Credabl, we understand these unique market conditions and have custom-tailored loans that can guide healthcare professionals through these factors. Our industry-specific expertise in Australia's healthcare landscape ensures we can provide the financial and strategic support needed throughout your purchase journey.

Agencies with their market knowledge and extensive networks can provide valuable assistance in the search for medical practices for sale in Victoria. They can offer insights into potential practices that align with your budget and specific requirements, taking into account various factors like the location, size and specialty of the practice. Additionally, they can facilitate negotiations, ensuring that all legal and regulatory requirements are met seamlessly. Their knowledge and connections can make the complex process of purchasing a medical practice much more manageable. Alongside their services, we at Credabl can provide substantial financial support. Our bespoke loans, designed with medical professionals in mind, simplify the financing aspect of the purchase process. With the combined efforts of an experienced agency and our tailored financing solutions, you can navigate the path to owning a medical practice in Victoria with confidence.

One of the main benefits of a fitout loan is that it can be tailored to fit the specific needs of your practice and allow you to continue with the fitout without having to accumulate relevant funds. Whether it's new equipment, a renovation, or a full-blown fitout, there's a loan product to match your requirements. Additionally, repayment terms can often be structured to match your practice's cash flow, making it easier to manage the loan alongside your practice's other financial responsibilities.

Fitout financing provides the necessary funds to make a practice visually appealing and functionally efficient. This, in turn, could enhance the patient experience and potentially increase revenues. They also allow professionals to preserve their working capital for other business needs.

A wide range of professionals can access these loans. This includes doctors, dentists, veterinarians, ophthalmologists and many others. Any medical professional looking to open a new practice, or upgrade their existing premises, can take advantage of these specialised loans.

Fitout loans are specific types of financing intended to help professionals in the healthcare sector finance the cost of setting up, renovating, or upgrading their practice. This includes purchasing or leasing necessary equipment, creating a welcoming environment, or even expanding to additional locations.

At Credabl, we appreciate that every healthcare practice has unique financial circumstances. Therefore, we offer flexible loan terms that can be adjusted according to your cash flow and repayment capability. Our team will work with you to establish a repayment plan that fits your business model, taking into account your current financial situation and future projections.

Credabl is a specialist lender for the medical and dental industry and understands your unique professional journey and financial requirements. We provide a variety of loan types, including equipment finance, to cater to your specific needs. Whether you require funds for dental or medical equipment, or need a loan to upgrade your office space, Credabl can facilitate the process. Our lending solutions are tailored to help you achieve your business goals.

At Credabl, we aim to make the loan process as straightforward as possible. In most instances, we don’t require any financials to approve the loan. There are times you'll need to provide documents like proof of individual income, financial statements, bank statements and identification. Your personal and business credit scores will also be assessed during the approval process. Once the necessary information is submitted, our team at Credabl works diligently to ensure your loan application moves quickly and seamlessly.

Medical equipment finance is a strategic investment that could spur growth in your healthcare practice. By obtaining advanced equipment, you may be able to expand your services and attract a broader patient base. Additionally, financing options let you preserve cash reserves for other business growth activities like marketing, hiring and further education. Financing could also help maintain a positive cash flow, which is crucial for business stability and growth.

Investing in advanced medical equipment through finance allows you to provide the best possible care to your patients. It ensures your practice remains competitive by offering state-of-the-art diagnostic and treatment options. Plus, maintaining an updated equipment base can enhance efficiency and patient experience, fostering loyalty and potentially attracting more patients to your practice.

Yes, at Credabl we understand that the needs of medical professionals extend beyond just equipment. Our finance solutions can be used for various purposes, such as purchasing a practice, buying commercial property, renovating a property, providing working capital and even financing your home or car. Our holistic approach to provide financial solutions ensures we can meet all your finance needs, both personal and professional.

Doctors can greatly benefit from specific car finance options designed for medical professionals. These loan products, such as those provided by Credabl, take into account the unique financial circumstances common in the medical profession. Our car finance solutions offer competitive interest rates, flexibility in repayment schedules and a deep understanding of your professional needs, making your vehicle purchase a smoother, more enjoyable experience.

Specialised car loans for doctors, like the ones we offer at Credabl, come with several benefits. Unlike generic loans, our car loans are tailored to the unique financial and professional circumstances of doctors. We understand the profession's demands and offer flexible repayment schedules, competitive interest rates and personalised service, all designed to make the loan process smoother and more manageable.

Interest rates are a one aspect of any loan, including car loans for doctors. The rate impacts the overall cost of the loan and the amount of your monthly repayments. At Credabl, we offer competitive interest rates on car loans specifically tailored to the unique needs of medical professionals. We understand the importance of affordable financing and strive to provide the most advantageous solutions for our clients.

As a doctor, you have a range of car loan options available to you. Traditional banks offer auto loans, but they might not fully understand the unique financial circumstances of medical professionals. That's where we at Credabl come in - we offer tailored car loans for doctors, designed with your specific needs in mind. Our car loan options provide competitive interest rates and flexible repayment terms, making the process of purchasing a car more accessible and manageable.

Yes, home loans for doctors can also be used for purchasing investment properties or holiday homes. This flexibility allows doctors to leverage their high-earning potential and favourable lending terms to build wealth through property investment.

Yes, because of their stable, high-income careers, doctors could often be eligible for special home loan products. These can include competitive interest rates, higher borrowing limits and even LMI waivers. These special terms can make buying a home more accessible and affordable for doctors.

Your borrowing capacity for a home loan as a doctor will depend on several factors. Lenders will consider your income, credit score, existing debts, the type of loan you are applying for and your lifestyle and living expenses. As a doctor, you may qualify for higher loan amounts due to your potential earnings and job stability.

Lenders mortgage insurance (LMI) is an insurance policy taken out by a bank when lending to a borrower who requires a loan that exceeds 80% of the value of the property securing that loan. The insurance policy covers the bank ONLY for any shortfall they may incur in the event the lender default on their loan and are forced to sell the property to repay the debt. The borrower has to pay the insurance premium on the bank’s behalf. Although the LMI premium can be added to the loan (in most cases), the premium is likely to be in the thousands of dollars and will also be repaid (plus interest) over the term of the loan. The good news is that Credabl and other lenders can offer finance solutions to medical professionals for loans over 80% lending that does not require the payment of LMI.

Specialist lenders understand the unique financial needs of dentists. They are often more flexible than traditional banks, offering tailored products like home loans for dentists. They can provide higher loan limits, competitive interest rates and a potential LMI waiver, which could be of significant financial benefit to dentists looking to secure a home loan.

Unlike standard home loans, home loans for doctors are tailored to meet the unique financial needs of medical professionals. They take into account their career trajectory, earning potential and the likelihood of them becoming successful property owners. In many cases, lenders can offer higher borrowing limits, better interest rates and even waivers on Lender’s Mortgage Insurance (LMI) for doctors.