Medical – Specialised Industry Finance

At EMC Finance, we understand that different industries carry varying levels of risk for lenders, influencing the flexibility of available financing options. EMC Finance has extensive experience working across numerous fields and specialising in helping clients in the medical industry access unique and favourable lending solutions.

Medical professionals – General & Specialised practitioners plus Dentists are often considered lower-risk borrowers by many lenders, which can open the door to more lenient lending terms. Key benefits include:

• Higher Loan-to-Value Ratios (LVR): Certain lenders allow borrowing up to 95% of the property value without requiring Lenders Mortgage Insurance (LMI), whether for owner-occupied or investment properties.
• Flexible Income Verification: Self-employed medical professionals or those with additional income from overtime, loadings, or fringe benefits may benefit from tailored income assessment criteria.
• Competitive Rates: Enjoy rates designed to cater to the medical industry.

In addition to residential finance, EMC Finance can assist medical professionals with their commercial needs. Some lenders also offer unsecured financing solutions with competitive terms to support your business goals, which include:

• Purchasing or upgrading medical equipment.
• Expanding or setting up new practices.
• Other commercial ventures within the medical field.

While the medical industry enjoys some of the most advantageous lending options, EMC Finance also works with professionals in other specific fields to secure competitive rates and potential Lenders mortgage insurance waivers. These include:

• Accounting & Legal Professionals
• Education Sector
• Allied Health Professionals: Midwives, Registered Nurses, Physiotherapists, Podiatrists, Psychologists, Chiropractors, Speech Pathologists, Audiologists, Sonographers, Occupational Therapists, Radiographers, and Osteopaths
• Veterinary Practitioners
• Essential services – Police and Paramedics
• Bank Employees

At EMC Finance, we have the expertise to identify lenders that cater to your unique profession. Whether you’re a medical professional seeking residential or commercial finance or part of another eligible industry, we’ll work to find the best options to fit your needs.

Contact EMC Finance today to explore how we can help secure your finance needs.