Healthcare Finance for Pharmacies

Healthcare Finance for Pharmacies

Some “healthcare“ lenders have fallen out of love over recent years with unsecured pharmacy funding and or dropped loan to value funding however funding has always been available for strong businesses and bank appetite is slowly coming back

• Average loan to value for business purchase appears to be 70% but some lenders would be willing to look up to 80% LTV funding secured against pharmacy contracts. Some lenders would have appetite to go to 80% if good tangible security were available. Maximum term is generally 15 years.
• 100% LTV against business freehold premises is generally available. Maximum term for some lenders is 15 years where 20/25 years would be comfortable for others.