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UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club

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You can spend months hunting for the “perfect” dental practice, then lose thousands by saying yes to the wrong loan structure or the wrong assumptions. James sits down with Dan Fearon from Saroma Finance to pull back the curtain on dental practice finance in the UK, focusing on the real world pitfalls that trip buyers up right before they sign. If you’re planning a first practice purchase, or you’re refinancing ahead of growth, this is the practical checklist you want in your pocket.

We get specific about practice valuation and the numbers that drive bank lending. Dan explains how EBITDA is used to judge serviceability, why “add backs” can be legitimate or dangerously optimistic, and how projected figures in sales particulars can inflate confidence without improving your chances with a lender. We also talk through independence and small print: what to watch for if a sales route funnels you into an in house finance team, and how to keep your options open so you can compare terms properly.

Then we move into loan structure and what many dentists do not realise is possible: interest only periods at the start of a loan, longer terms that reduce monthly repayments, fixed versus variable rate trade offs, and the ability to make lump sum overpayments. Finally, we demystify 100% finance on goodwill and freehold and why it’s less about headlines and more about whether the practice can cover your drawings and the repayments.

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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.

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