Loan Amounts and Funding Terms
Loan terms between 3 months and 5 years with fixed monthly payments
Loan amounts over £2,000, both secured or unsecured
Are you looking for an unsecured business loan over £2,000?
UK registered business operating in the medical and paper professions sectors, specifically Dentists, Pharmacists, Veterinarians, GPs, Opticians, Solicitors, Barristers, Accountants, Surveyors and Architects?
Have you been trading for more than 12 months or do you have experience operating in the industry?
Acquisition and Deposit Funding
This a type of business finance is used to purchase a business, which can enable an existing company to expand, take on new capabilities and increase potential growth.
We are able to provide loans for the acquisition of business in the medical and paper professions sectors, specifically Dentists, Pharmacists, Veterinarians, GPs, Opticians, Solicitors, Barristers, Accountants, Surveyors and Architects. We can also provide loans to part fund a practice acquisition. These funds can be used towards deposits to run alongside conventional bank funding.
Many organisations seek additional funding to assist with a purchase, due to the speed of acquiring the finance as opposed to using any existing cashflow within the business, which may already be allocated for other purposes such as day to day running costs.
Acquisitions and mergers can be long and complex undertakings, with a larger number of factors and variables in play. Funding such endeavours can be a daunting task without expert advice regarding funding options, payment structure, length of term and the best course of action in sourcing finance.
How to apply for a business acquisition loan?
Fill out our application form in less than 5 minutes
Your application will be allocated to your dedicated case manager
Your case manager will be in touch within 4 working hours
They will collect all required documents to process your application
You will receive a decision within 48 hours in most circumstances
You will receive your funds within 48 hours of acceptance in most circumstances
The Benefits of Acquisition and Deposit Funding
Flexible Terms and Borrowing Amounts
Acquisition and deposit funding is available over flexible terms ranging from 3 months to 5 years.
As they are taken on an unsecured basis, borrowing amounts are not restricted to the amount of equity in an asset or property.
Instead they are dependent on the company value, purchase price and company strength. The stronger a company, the higher the potential borrowing amounts.
Increased Spending Power
Acquisition loans are tailored to enable investors and companies to increase their spending power.
With access to additional funding, you can complete your business acquisitions, while reducing the impact on current cash reserves.
Many lenders will approve applications within 24 hours, provided that all the required documents are provided at the time of application.
Supplement Existing Loan Agreements
We may be able to assist by way of offering a deposit loan that can work alongside a larger bank loan facility when making a purchase.
For example, if a bank will only provide funding for 70% of the purchase and you only have 20% of the deposit required, then we assist in arranging a finance facility to fund the remaining 10% to enable you to complete the transaction.
Promote Growth and Competitiveness
Acquiring new businesses either to expand your own, or to move into new markets can promote growth and competitiveness.
Increasing capacity and income streams is a win-win situation for most businesses, and being able take on new capabilities and increasing output is the main focus of many business owners.
By leveraging the power of acquiring other businesses and implementing a smart deposit funding strategy, you can propel your business forward and secure long-term success.
The benefits of acquiring other businesses can fuel your business's growth by fuelling expansion and innovation. With the right acquisition strategy, you can gain access to new markets, technologies, and talents that can help your business stay ahead of the competition.
In addition, deposit funding offers an alternative financing solution that can help you maintain financial stability while taking advantage of other sources of finance that may require a deposit that is greater than your readily available cash flow. Allowing you to leverage the funds to invest in new ventures and expand your business.
RLA Capital Limited can also offer further assistance in funding for setup including; legal costs, refurbishments, capital purchases and cash flow.
View our full range of business finance facilities here
Frequently Asked Questions
You will usually receive a decision in as little as 24 hours, providing all required documents and supporting information are available.
Acquisition Loans and Deposit Loan terms are available from 3 months to 5 years.
The amount you can borrow depends on company status, the value of the business you are purchasing and affordability criteria. Each case has its own merits and is assessed on a case by case basis. Please contact us for further information.
We are only able to provide finance to UK residents and companies based in the United Kingdom.
Funding For Solicitors
Legal professionals are becoming more aware of the positives of using specialist finance facilities to assist in the operation of their business.
Many are using funding to;
- Assist with cash flow by releasing money tied up in disbursements
- Increase volumes of cases by assisting with acquisition costs and all associated disbursements
- Manage exposure to lenders, which in turn enables them to access additional business funding when required
Click to read more
A guide to unsecured business finance
Unsecured business loans do not use any tangible assets, either personal or business, as collateral when applying for business finance.
When using unsecured finance, lenders look at your personal credit rating, business bank accounts and business financial reports.
Click to read more
Medical Practice Loans | A guide to medical practice finance
Medical practice funding can be highly beneficial to a variety of practices for several reasons. Many practice owners are taking advantage of additional funding to:
- Expand through buying a practice
- Purchase new equipment
- Pay VAT & Tax bills (VAT where applicable)
- Renovate existing practices
- Increase working capital and cashflow reserves
- Pay NHS dental clawbacks
Click to read more