Refinance your chiropractic practice commercial loan

Ardent Capital Group brings the same method to every client: execution and strategy, clear advice for smart lending, and long-term growth. That means the right lender, structure and timing, straight advice so you borrow with confidence, and today's deal built toward where you want to be tomorrow. On a chiropractic refinance the building is rarely the hard part. The work is in the membership book, which behaves like a subscription and is almost never presented as one, and in getting onto a facility that does not need re-arguing every twelve months. We build that picture and stay with it past drawdown. Every figure is subject to serviceability, lender appetite and approval.

We refinance commercial facilities from $50K up to $30M on the property side. The new limit follows a fresh valuation and current servicing rather than what you originally borrowed, which on this asset usually means the membership book is doing most of the work.

Because the two things that decide this file are not things one bank will volunteer. We run the comparison across more than 40 lenders, work out which will read a membership book as recurring revenue and which will run a thirty-year term without reopening it annually, and present to one at a time so your credit file does not collect an enquiry for every conversation. We also model the break costs, valuation and legals against what moving actually gains you.

65% to 75% of the current value as an owner-occupier, at the top of that band where a lender extends its medical package and lower where the file is read as standard commercial. Suites let to co-located practitioners are typically assessed 5% to 10% below the owner-occupied portion, on their own income.

As a curve rather than a total. A lender looks at how many patients join in a normal month, how long the average member stays, what proportion lapse each quarter, and how those have moved over several years. That is the difference between revenue a credit team treats as this year and revenue it treats as durable, and it is only available once the practice has years of data behind it. Practice software reports appointments and billings rather than cohort retention, so it has to be assembled. We do that as part of the file.

As fixed clinical fit-out of the building rather than as equipment. A shielded room is built into the fabric of the premises and cannot be moved, so it sits on the property side, while the unit inside it belongs on its own finance. A valuer discounts the room below cost because the next occupier could not use it without their own licensing, so it is not sitting in the valuation waiting to be released. If the practice has stopped imaging on site and now refers out, say so plainly rather than leaving a licensed room in the file with nothing behind it.

It simplifies the structure and it concentrates the risk in one place. Tables, an activator and a reception fit-out do not add up to an equipment book, so there is rarely anything meaningful to separate from the property loan. The consequence is that the premises is close to the whole balance sheet, and a release against it is the only real source of capital the practice has. That is a reason to size a release against your plan rather than the immediate need, because going back six months later means paying valuation and legal costs twice.

Often, and on this asset it is usually the main reason to move. Some commercial facilities carry no annual review and no unused facility fee, so once the loan settles it runs on its terms. Where the income is a membership book, an annual review means assembling and defending that book every twelve months indefinitely, which is real work. It narrows which lenders suit the file, so raise it at the start rather than at the end.

Commercial terms to 30 years are available on practice premises, with interest only to five years and an application to extend by a further year. A separate lender publishes interest only to eight years at 80% with a rate loading. A long interest only window is worth structuring for where you are bringing in an associate or carrying a fit-out, because the servicing has to hold while the diary fills.

Usually yes. A recent fit-out, a relocation or a service entity structure can leave the last set of accounts well behind the practice. Mid doc lending is built for that: income is self-certified and supported by one document of your choosing, an accountant's letter, two BAS statements, six months of trading bank statements, one year's tax return and notice of assessment, or one year's financial statement. It reaches the same 80% ceiling as full doc on loans to $4 million. A quick doc option, self-certified with no supporting document, sits at 65%.

Yes, it is possible, and we arrange these. It is also one of the more intricate refinances in commercial finance, and the detail is what decides whether it works. From 10 August 2026 a new arrangement can only be used for business real property, and a property trading wholly as a business qualifies while one with a residence attached generally does not. It has to stay the same single property, and it is limited to the balance outstanding plus accrued interest, so there is no top up, no redraw and no cash out inside the fund. That matters more here than on most assets, because the premises is the only thing a release could have come from. Borrowed money cannot fund an improvement either, so a refit comes from the resources of the fund. The holding trust is reassigned to the incoming lender rather than dissolved, which carries a legal cost worth weighing against the gain. Your practice leases the rooms back in writing, at market rent supported by an independent appraisal, and the rent has to actually be paid. Cross-collateralisation is not available inside super. Fund the deposit from the fund itself, since cross-collateralisation is not available in super, the major banks have exited SMSF lending, and lenders want a liquidity buffer left in the fund after settlement. We know this sounds complicated, and we can assist to make things clearer. Reach out to our team and we will guide you through the entire process. We structure the finance, tell you which lenders will take chiropractic rooms as SMSF security and on what terms, and bring in the SMSF specialists and licensed advisers who set the fund side up. You will not be working it out on your own.

As working capital and a modest fit-out rather than as a property purchase, in most cases. Short appointments mean a chiropractic room carries a lot of hours before floor area binds, so capacity usually comes from adding practitioner hours, extending into evenings and weekends or bringing in an associate. What you are funding is a wage and a ramp before the new hours pay for themselves, so the servicing has to hold while the diary fills. A modest release against the premises normally covers it.

Often not. On a chiropractic practice a decline usually traces to a credit team assessing a single revenue total with no way to see that most of it recurs, or to a release sized against what the fit-out cost rather than what the rooms value at. Both are questions of presentation and of which lender the file sits with. We look at how it was assessed and why the answer was no, then place it where that reason is not the deciding one.

Around three to six weeks with a major bank and two to four weeks with a non-bank lender for a straightforward file. A file that also assembles the membership book takes a little longer at the front end and usually less at the back, and SMSF refinances are longer than either. We give you a realistic timeline at the start so you can plan the expiry date around it.

The existing loan statements, two to three years of financial statements and tax returns for the practice entity, the membership numbers with joins, lapses and collections against billings, any lease over a let room, personal tax returns and notices of assessment for the guarantors, and a statement of assets and liabilities. Where the borrower is a trust or company we also need the deed or constitution, and where there is an imaging room, its licensing.

The costs are a valuation, legal and settlement fees, any lender establishment fee, discharge costs from your current lender, and break costs where you are leaving a fixed rate. On this asset there is rarely much else moving, which keeps the arithmetic simple. We put the real numbers against the benefit before you commit to anything.

Most of the time, no. Where the membership book has to be assembled before the file can go to a lender, or the structure is unusual, a small mandate fee may apply, and we will always be upfront about this before any work begins.

Although we are based in Sydney, we service clients across all major Australian cities, including Melbourne, Perth, Brisbane, the Gold Coast, Adelaide, Canberra and Hobart, along with their surrounding regional areas. Wherever your practice is located, we can arrange your finance.

Beyond refinancing the premises, we also assist with asset finance and working capital. On asset finance, that covers treatment tables, activators, rehab and exercise equipment, imaging units, practice software and reception fit-out. On working capital, we arrange business overdrafts and lines of credit sized to collection timing rather than to a claim cycle, and we can fold these into the refinance where it makes sense.