General

In the past many dental professionals have opted to take indemnity cover with discretionary indemnity providers such as the DDU, Dental Protection and MDDUS which provide occurrence based indemnity rather than the traditional insurance markets which provide cover on a claims made basis. The reason for dental professionals opting for the occurrence based indemnity is that as long as they had cover in place at the time when the treatment was provided then cover will always appl

The majority of the Associates that we speak with aspire to ultimately become practice owners – possibly as a result of logical career progression or increasingly nowadays to protect their own position. With most Associates being self-employed they have very little protection under employment law, they see their income share reducing year on year and ultimately could be asked to leave if the practice is sold and/or their principal decides to change their terms. To own your ow

Set yourself up for success with expert commercial finance guidance Buying a dental or pharmacy business for the first time is an exciting step – but it’s also one of the biggest financial commitments you’ll ever make. And just as clinical success relies on precision and planning, your business journey also needs a solid financial foundation. That’s why getting the right advice from the very beginning isn’t just helpful – it’s crucial. Why early financial advice matters Most

Here’s a quick guide for undertaking a simple and achievable review, irrespective of your income or outgoings, which should improve your overall financial health and help you make more prudent financial decisions in the longer term. Reviewing your savings and investments The ideal starting point to review your financial position is to complete a simple summary sheet detailing your assets and liabilities, income and expenditure. It is amazing how many people do not do this! Yo

As we approach the festive season, it’s a perfect time to reflect on the year gone by and look forward to what’s ahead. 2024 marked a significant milestone for FTA Finance, as we celebrated our 20th anniversary. Over the past two decades, we’ve proudly supported nearly 3,000 clients in achieving their dreams of business ownership. This year has been particularly busy for our team, with 256 funding proposals submitted to our panel of lenders. We’re thrilled to report that 96%

For the last 18 months’ we’ve seen numerous articles about the threat of cyber-attacks to the healthcare industry. This is indeed one of the most targeted sectors in the UK and the risk to your dental practice is significant. This has further been highlighted by the events of the last few days where the NHS has suffered its biggest attack of this kind. What is the risk to you?No business is completely safe from the threat of cybercrime, no matter how many firewalls you have

We occasionally have clients approach us for help to secure funding having been let down by their own bank. A recent example of this is a dentist who owned a 50% share in a dental practice and was seeking funding so he could buy out his business partner and take over full ownership of the practice. In the first instance he approached his own bank but the request was declined with little or no explanation citing the request fell outside lending criteria. The client then came t

In this webinar David Brewer, Managing Director of FTA Finance and industry expert on arranging finance for a dental practice purchase, covers everything you need to know to confidently step into the world of dental practice ownership and provides you with essential insights and practical advice. What You’ll Learn:• Understanding the Market: Gain a clear overview of the current dental market.• Getting Started: Key points to consider to ensure you are in the strongest position

For a quick insight into the individuals that work in the FTA Finance team, here’s a 60 second interview with Jim Moran based in our Manchester office…. With over 36 years experience in banking, Jim has built an enviable reputation of providing quality service to the healthcare sector. Adept at securing flexible and competitive loan terms, Jim is known as the ‘go-to’ manager in the north of England for those looking for finance to purchase a new business or those simply looki

Every New Year starts with optimism and the hope that it will be better than last. Most people will also have made resolutions as the clock struck midnight on New Year’s Eve that are quite often linked to their health and wellbeing. So, as we move further into 2015 it is still not too late to make a new resolution – this time linked to your financial health. Think of it as a ‘Well Man’ or ‘Well Woman’ check for your finances. Here’s a quick guide for undertaking a simple and

Your business has been going well and your turnover has increased, making more profits. What you may not have taken into account is to review your Surgery insurance, in particular the Business Interruption part of the policy. Generally dentists keep renewing the same surgery insurance policy and, if it is not reviewed, the policy may not be fit for purpose. When a major incident occurs at the practice, such as a fire or flood, you may instantly think about the buildings or co

FTA Finance, leading provider of solutions to funding and finance needs within the healthcare sector, has been named as the ‘London Healthcare Broker of the Year’ in the Lloyds Banking Group Business Development Professional Awards 2017. The Business Development Professional Awards identify and reward excellence to those professional partners working within the healthcare sector. The 2017 awards were presented at an evening celebration held by Lloyds Bank Group on Tuesday 9t

We are thrilled to announce that following a recent audit, FTA Finance has been officially recognised once again as a NACFB Assured company! This accreditation reflects our commitment to the highest standards of professionalism and service in the finance industry. We are dedicated to providing our clients with exceptional support and expertise, and this recognition reinforces our mission. Thank you for your continued trust in us. Here’s to more success together!

Buying a dental practice will quite possibly be one of the biggest financial decisions you make in your career, and for many it will be a transaction that is taken just the once. This means that if you’re a first-time buyer getting the right financial advice is crucial from the very start and working with an independent commercial finance broker will ensure you are in the strongest possible position. David Brewer, managing director of FTA Finance, explains, “At FTA Finance,

This year marks a significant milestone for FTA Finance as the company proudly celebrates its 20th anniversary. Since 2004, FTA Finance has grown into a trusted leader in the healthcare funding sector, known for its unwavering commitment to putting the customer first and offering outstanding levels of service every step of the way. Over the past two decades, FTA Finance has navigated through the ever-evolving financial landscape, consistently adapting to the needs of its clie

Well the answer is simple – they are with the wrong bank, let me explain. At FT&A Finance we work closely with all the major healthcare banks and know what they will and won’t do. Some are happy with providing you with finance for your first purchase and maybe even your second but you will find that thereafter their appetite diminishes considerably and when you look to expand you will inevitably hit a brick wall and will hear from them comments like: “You are at your unsecure

Ignoring the problem won't make it disappear, but taking action now can help you move forward If the 31st July Self-Assessment tax deadline has come and gone and your payment is still outstanding, you're not alone. For many business owners and self-employed professionals, the summer months are an expensive time of year. Holidays, seasonal spending, investment in the business, and day-to-day operating costs can all put pressure on cashflow, making it difficult to find the fund

Buying the business is only the beginning - protecting cashflow is what keeps it successful When buyers focus on acquiring a business, most of the attention naturally goes towards the purchase price. Negotiating the deal, securing funding, and completing the transaction tend to dominate the process. But one of the most common mistakes we see at FTA Finance are buyers concentrating so heavily on “getting the deal done” that they overlook one of the most important parts of owne

Good financial management is not about avoiding tax - it is about avoiding unnecessary pressure For many business owners and self-employed professionals, the 31st July tax deadline arrives quicker than expected each year. What initially feels comfortably in the distance suddenly becomes very real once summer holidays, rising costs, and day-to-day business pressures begin competing for attention alongside a significant payment due to HMRC. At FTA Finance, we regularly see the

Understand what lenders really want to see and how to present your case with confidence Applying for a business loan in healthcare isn’t the same as applying for a personal mortgage. Whether you are buying a dental or pharmacy business, expanding your current premises, or investing in new equipment, lenders will assess your application based on a blend of personal, financial, and sector-specific factors. At FTA Finance, we work closely with banks and specialist lenders every