Unsecured Practice Loans for Professional Practices
Unsecured practice loans are designed for professional practices that require funding but do not wish to secure borrowing against property. They are commonly used by solicitors, accountants, medical professionals and other regulated or fee-based practices.
These facilities rely on the strength of the practice, income stability and partner support rather than property assets.
Common Uses
- Partner buy-in or buy-out
- Tax or VAT liabilities
- Working capital
- Practice growth or restructuring
Typical Terms
- £10,000 to £500,000+
- 12 months to 7 years
- No property security
- Personal guarantees often required
What Lenders Look For
- Accounts and affordability
- Stability of income
- Practice structure
- Existing commitments
Risks and considerations
Unsecured lending may carry higher interest rates. Early repayment charges may apply. Some lending is unregulated.
