Medical Practice Business Funding

Medical Practice
Business Funding

Empowering healthcare professionals with swift, tailored, Shariah-compliant financing solutions to expand their practices, with repayment terms aligned to your cash flow.

What is Shariah-Compliant Medical Practice Business Funding?

Shariah-Compliant Medical Practice Business Funding offers the necessary growth capital for your practice without the need for collateral. Unlike traditional loans, this financing adapts to your practice’s cash flow, enabling you to expand and invest in your future without extensive paperwork or collateral requirements, all while adhering to Islamic financial principles.

How It Works:

1. Apply Online

Complete our straightforward online application and provide the following documents:

CIPC Registration Number
ID Copy of Director/s
12-Month Bank Statements
Two Supplier Statements
Rental Agreement or Utility Bill

You must be a South African citizen or have a guarantor.

Your medical practice should be registered, have been trading for at least 12 months, and have a monthly turnover of R50,000 or more.

2. Receive Your Tailored Offer

We will review your application and create a financing solution that matches your Medical Practice Business Funding needs, with repayment terms you can comfortably manage.

You can choose to repay your financing as a percentage of your medical aid claims or turnover, through daily or weekly debit orders. Upon assessing your practice, we will recommend the repayment option best suited to you.

3. Access Your Funds

Once approved, the funds will be deposited directly into your account within 24 hours — it’s that efficient!

Why Choose Us?

Fueling Your Business Growth

Gain the financial resources needed to expand operations, launch new projects, or scale your business.

Staying Financially Agile

Access the capital required to seize opportunities and navigate challenges without compromising your cash flow.

Building a Sustainable Future:

Invest in long-term strategies that ensure your business remains competitive and aligned with ethical practices.

DO I QUALIFY?

If your Medical Practice meets the following criteria, you’re good to go:

CIPC registration

In operation for 12 months

Monthly turnover of R50k or more

A business bank account with 12 months or more trading history

FAQ: Understanding Shariah-Compliant Medical Practice Financing?

How Do I Apply for Shariah-Compliant Medical Practice Business Funding?

You can apply online and provide the following documents:

CIPC Registration Number
ID Copy of Director/s
12-Month Bank Statements
Two Supplier Statements
Rental Agreement or Utility Bill

How Much Do I Qualify For?

You may qualify for up to 100% of your practice’s average monthly turnover. After analysing your statements, we will provide a more accurate qualification amount.

How Much Does the Financing Cost?

We offer customised funding solutions for each client. Please contact us to discuss a structure that works best for your practice.

How Long Does the Application Process Take?

The assessment of your application typically takes 24 to 48 hours. Once approved, funds are deposited within 24 hours.

Do You Run Credit Checks or Contact References?

As we provide unsecured funding, we conduct credit checks and may contact references. A perfect credit record is not required to qualify.

What Can I Use the Funding For?

The funding can be used for various growth-enhancing activities, such as purchasing inventory, upgrading equipment, refurbishing your practice, training staff, or marketing campaigns.

How Do I Repay the Funding?

Repayments are aligned with your cash flow and can be made via a percentage of your medical aid claims or turnover, through daily or weekly debit orders.

How Soon Can I Qualify for Additional Funding?

Once 70% of your facility has been repaid, you qualify for additional funding. We will require a few updated statements to process the additional funds.

Get Funded
Within
48 hours

For Further Enquiries: