Meet the needs of setting up your new practice, creating beautiful and practical spaces for your patients and your team, with simple, tailored finance.
Create your new practice with a new fitout or renovation
We make the whole process easier with Medfin’s flexible Draw Down Facility. When it’s time to update your practice, from refreshing the fitout to creating safer more patient-friendly spaces, there are hundreds of decisions to make. The costs for practice refurbishment can quickly add up, but Medfin makes money management simple.
With a flexible Draw Down Facility, we pay supplier invoices directly, saving you time and administrative hassle. And repayments only start when improvements are complete. This means there’s no need for you to use your own money upfront (1).
Time to refresh or rethink your space? We can help.
Benefits you’ll enjoy with Medfin’s flexible Draw Down Facility
We coordinate the supplier payments for you
Approve the supplier payments digitally
Repayments only start when improvements are complete¹
Interest can be capitalised during the construction stage
Interest is only charged on the funds you use, and when you use it — not on the total amount approved
When it’s time to close the facility, repayments can be structured under an Equipment Finance loan to best suit your needs and your cash flow
Healthy industry relationships
We work with a specialist fitout companies and suppliers every day, which means we can put you in touch with people with the right knowledge, equipment and ideas, who will save you time from the very start.
Fitout finance to fit your budget
We find the right financial solution for thousands of healthcare professionals every year. When it’s time to rethink the feel and function of your practice, our finance specialists are just a phone call away.
Frequently asked questions
What can Medfin Fitout Finance be used for?
Anything related to the patient care of your practice, and getting your practice to a point of opening its doors.
It can be used to finance fixtures and fittings, including wall cabinets and shelving, practice equipment, office and waiting room furniture, cabinets, medical equipment and computers.
Some fixtures and fittings may be better funded on an unsecured business loan, not Asset Finance, it’s always best to discuss your specific needs with your finance specialist and accountant
What if I don't know how much I'll need?
Our Medfin Specialists can meet with you to discuss your vision, the options and finance costs. Like any project, it’s always best to have a vision and budget in mind, and take time to make a plan. We can share business plan tools, connect you with suppliers and fitout specialists, who can provide you with the quotes you need.
Understanding what you can afford, will help you decide what to buy, how you design your rooms, and the way your business will operate.
1. Medfin may sometimes require repayments before completion. 2. Other fees & charges may apply.
All facilities with Medfin and National Australia Bank Limited are subject to eligibility criteria, credit assessment and approval. Terms & conditions, fees & charges apply (available upon request).
Because we do not know your personal objectives, please consider whether these products and services are appropriate for your circumstances. Before acting on any of the information on this website, please seek independent financial and tax advice.