Veterinary finance
The amount you can borrow depends on factors like your clinic’s revenue, time in business, and the finance type you're after. For reference, business term loans can go up to $500,000 and secured loans up to $1,000,000+. Your lender can give you a specific figure based on your current financials and goals.
Yes! Many lenders, especially alternative lenders, work with newer clinics and offer more flexible criteria. Eligibility often depends on your business plan, projected cash flow, and personal credit history.
It depends on the loan type. Unsecured loans don’t require collateral and are best for immediate or short-term needs. Secured loans, on the other hand, might ask for assets like property, vehicles, or equipment and are better suited for larger, long-term investments.
Timelines vary from lender to lender (and loan to loan). At Valiant, you can receive funding in as little as 24 hours, so your clinic can cover urgent needs or seize growth opportunities quickly.
Absolutely. With a business acquisition loans, you can buy an existing clinic, take over a partnership stake, or merge practices. They provide the capital to grow strategically without draining your cash flow.
Different lenders require different documentation. That said, typical paperwork includes proof of ID, bank statements, tax and cash flow statements, and any relevant quotes or agreements for assets or acquisitions.
Many lenders allow early repayment, which can save you interest. Some loans may have extra fees, so it’s always best to check the terms before committing.
Interest rates are influenced by factors like the loan type and amount, your business’s financial health, time trading, and whether the loan is secured. Strong financials and a clear plan for the funds can often help secure more favourable rates.
