wine collector in a wine cellar

Financing the unfinanceable

Whether it’s new commercial premises, a prized painting or a hobby farm, the flexible, tax-effective finance solutions offered by Medpro Finance are only limited by your imagination.

It makes sense that once you are earning enough money to enjoy the good life, you can start to indulge your passions – whether it be for collecting unusual objects, having a garage full of cars or buying a hobby farm.

You’re not alone: Tom Hanks owns a collection of over 300 vintage typewriters; Demi Moore’s porcelain doll collection is worth over a million dollars; Angelina Jolie has a collection of Renaissance and Mediaeval knives and daggers; and Rod Stewart has transformed an entire floor of his Beverly Hills home into a massive model recreation of 1940s Chicago — complete with train terminals, parks, warehouses and much more.

Paying cash for these indulgences may not be your preference, but banks don’t like to take a risk on financing items that are ‘outside the square’.

Enter Medpro Finance. Ross Andrews, one of Medpro Finance’s directors, explains that there are always alternatives to paying cash when the bank says “No”, and these options may have tax benefits.

Medpro Finance places more emphasis on the quality of the borrower, rather than the purpose of the loan. This is in stark contrast to most other lenders.

“We respect the letters after their name and understand the sacrifices they have made to become medical professionals. If they can afford to repay the loan, we’ll help them pursue their passions, whatever they may be,” says Andrews.

This takes the frustration out of finance. Indeed, Medpro Finance creates flexible and fast finance options that suit your needs as well as potentially being tax effective.

While most of Medpro Finance’s services are for commercial purposes, who says that the Brett Whiteley painting you have your heart set on can’t be a legitimate tax deduction? Obviously, you would also need to get financial advice from your accountant or financial adviser, but it is definitely worth exploring every option and opportunity.

Medpro Finance finances motor vehicles, goodwill, equipment, artwork, residential and commercial property, as well as the things you are passionate about.

Ross and Mark Andrews and their team will assist you with sourcing holistic finance solutions to suit your individual cash flow and business needs.

 

A passionate collector

 

Dr Tony Tonks is a plastic surgeon from Canberra and is passionate about collecting just about everything that takes his fancy. Here is his first-hand report of his current collections, and how Medpro Finance has helped him add to them.

 

On Medpro Finance

 

I have known Ross Andrews from Medpro Finance for almost three years. I have found Medpro Finance to be an incredibly responsive organisation, with competitive and flexible finance.

The business model is very agile and tailored solutions to my requests for finance for equipment, motor vehicles and even my maps are very promptly created.

Ross has also provided me with excellent finance options and unique investment opportunities. As an organisation Medpro Finance has a very inclusive culture and supports young people looking to emerge into this work space. I can only recommend Medpro Finance most highly.