In Germany, 80% of start-ups require funding. Doctors also often need a loan. This can have professional reasons, such as opening and equipping a new practice, or private reasons. Despite high fees, this professional group must also look for financing alternatives when purchasing real estate or other high-quality goods. In the case of a loan request, the successful approval of the loan for doctors depends in particular on the employment relationship the doctor has.
Like other self-employed and freelancers, doctors do not have an easy time taking out a loan. The banks place very high demands on an employment relationship. The credit institutions consistently demand permanent employment and regular income. With this, the credit institution wants to ensure the applicant’s ability to service capital. A freelance doctor has no regular income. Some credit institutions agree to grant credit for doctors or practice loans on request.
For over a year now, the Patiomed organization has been striving to maintain the freelance of doctors and thus to ensure the best possible care for patients. Under the name Patiodoc, the company has set itself the goal of supporting physicians both financially and organizationally when founding a practice. This is primarily a non-profit company. The main focus is on building a nationwide supply network. This applies particularly to structurally weak areas.
The independent company founded by the National Association of Statutory Health Insurance Physicians cooperates with Cream Bank. The credit institution has specialized in the granting of credit for doctors and pharmacists for some time. With the practice concept XXL, the bank has created a new financing product. This combines the building blocks of practical finance, old-age provision and real estate finance. Alternatively, the doctor can also apply for an entrepreneur loan from the KfW bank. However, in addition to a business activity of three years, a positive course of business is also required here.
Obtaining a loan for doctors is much easier if they have a regular income. In addition, if the doctor has not had a negative Credit Bureau entry for debt, there is generally nothing to prevent the loan from being granted to doctors.