Services Offered by Medfin
Medfin is a financial institution with a heart. With their 30 years of existence, Medfin Finance has been involved in catering to the needs of medical students and healthcare professionals with their financial needs and financial consultations. However, Medfin Finance comes with an array of services and products that they refer to as financial solutions. These financial solutions are explored below.
Car Loans - Medfin Finance offers its customers monetary support for purchasing or repairing their motor vehicles. Borrowers can enjoy the benefits of simplified application submission and quick loan disbursement. Moreover, customers applying for the car loan facility from Medfin can unlock the full range of features, including a 100% loan-to-value ratio, differing interest rate options, a lumpsum prepayment facility, the absence of annual fees, the paperless application process, and much more.
Equipment Finance - Healthcare professionals are challenged daily to provide quality health check-up equipment to their clients. With that need in mind, Medfin has devised a funding scheme to assist medical professionals with financial support for acquiring healthcare practice equipment. With monetary backing, borrowers can purchase a vast array of machinery ranging from as small as dental hand tools to large requirements such as MRI scanners.
Moreover, they can also engage in procuring office furniture, computers, etc. Customers get high-privileged features such as the absence of security deposit and annual fees, repayment tenure of as long as seven years, a fixed interest rate system, refinancing options, and much more.
Fitout Finance - Fitout finance is a financing option offered by Medfin Australia for businesses looking to renovate or upgrade their commercial property. This includes office fitouts, retail Fitouts, and medical Fitouts. The financing options provided by Medfin can be used to cover costs such as design, project management, construction, and equipment. Medfin's Fitout finance solutions can be tailored to the business's specific needs and include leasing, rental, or hire purchase agreements.
Practice Loans - Medfin Australia offers practice loans as financing options for businesses. These loans are designed to help medical professionals, such as doctors, dentists, and veterinarians, to finance the purchase or refinance of a practice, purchase equipment or upgrade facilities. The loan terms can vary from 1 to 7 years and can be customised to suit the borrower's needs.
Commercial Property Loan - Medfin allows its borrowing customers to construct their customised medical practice space by financing them with attractive loan amounts and lucrative interest rates. The loans are tailored to cater to the needs of working medical professionals with various features and benefits such as the absence of annual fees, 100% loan-to-value ratio, line of credit, and much more.
Cashflow Finance - Cashflow finance is a type of financing offered by Medfin Australia that is designed to help businesses manage their cash flow and access working capital. This financing type can help businesses meet their short-term financial needs and bridge the gap between income and expenses.
Home Loan - Although Medfin Finance does not directly provide a home loan service, they do so as a part of the National Australia Bank (NAB).