News and Insights for Vets

Articles and resources helping with all aspects of veterinary practice finance.

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PARTNER POST: How to create a successful healthcare business

6 min read

Successfully creating and growing a thriving healthcare business is vital to both your bottom line, your staff retention and your patient experiences. There are many contributing factors that assist as the key ingredients to ensuring its success.…

TipsDentalMedicalVeterinary
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How can I get my practice loan approved quickly?

7 min read

Whether it’s a small purchase or a sizeable one, you may find that you need finance to help your business grow or get started. …

DentalVeterinaryMedicalPractice Loans
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How regular financial health checks open up more opportunities

5 min read

Whether you refer to it as a business health check, a financial health check, or financial review, going through business finances is not everyone’s favourite activity and can be daunting for practice owners. …

TipsMedicalDentalVeterinaryFinance
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What’s your practice’s purpose? Image
Why having a purpose is crucial to your practice

5 min read

Buzzwords like cultural transformation, leaning in, or adages like ‘applying a bottom’s up approach’ and even ‘killing the sacred cow’ have the tendency to become generalised or so trendy that they do not result in any real, practical application for businesses.…

TipsVeterinary
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Practice Funding 101: simple and tailored solutions

3 min read

Credabl’s finance specialist, Ali Joyce, presented at a Henry Schein webinar in June, covering these common questions as well as the key considerations and the logic behind setting up.…

DentalVeterinaryMedicalFinance
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changenews
Changes to variable interest rate

1 min read

Following recent changes to the RBA interest rates, Credabl will increase its variable interest rate on certain products, effective 1 August 2022. If you have any questions about whether this change applies to your loan with Credabl, please contact the team on 1300 27 33 22.…

DentalVeterinaryMedicalFinance
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Why interest rates aren't everything!

5 min read

In the rapidly changing interest rate environment that we are currently living in, Credabl’s Ali Gardner encourages you to dig a little bit deeper into what you really want from your loan and what is most important to you over a longer term.…

DentalVeterinaryMedicalFinance
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reserve bank
Do I stay variable or switch to a fixed interest rate?

7 min read

Over the past few months, banks across Australia have been raising their fixed rates – some have even risen three times within the space of weeks. Is there something they know that we don’t?…

DentalVeterinaryMedicalFinance
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PARTNER POST: Why the staff will stay when a practice goes for sale

6 min read

It is quite common for practice owners to be fearful of how the staff will react if they learn that their practice is for sale. While it is, of course, always possible that a practice could experience some staff attrition when it changes hands, it is, in fact, extremely rare. …

TipsDentalMedicalVeterinary
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PARTNER POST: Starting up your health practice? Legal Check before you sign anything!

8 min read

To begin with, a suitable premises is found, you have inspected, and the leasing agent has provided you with a heads of agreement, lease proposal, offer to lease (or whatever leasing agents wish to proffer to you) (preliminary agreement). …

TipsDentalMedicalVeterinary
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