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WELCOME TO MEDICAL FINANCE DETECTIVE
Medical Finance Detective is the specialised medical division of the multi award winning financial solutions provider, Finance Detective. We provide medical and health professionals with industry leading expertise and superior access to competitive finance.
INDUSTRY EXPERTS
We have strong, well established relationships with all major (and many smaller niche) lenders.  We have an in-depth understanding of all the advantages and benefits that lenders are willing to provide to medical and health professionals and a proven ability to deliver significant savings and value for our clients.
EXTENSIVE SERVICES
Medical Finance Detective provide both personal and business funding including residential mortgages, personal loans, commercial property loans, practice fit-out and equipment leases, overdraft & working capital finance and practice start-up, acquisition & succession funding.
FLEXIBLE SOLUTIONS
We provide funding solutions to meet whatever structuring arrangement our client’s accountant or tax adviser recommends.
WHY CHOOSE US
We provide our respected clients with full transparency so they can be confident they are receiving the most suitable and tailored finance available. Our objective is to act as our client’s personal private banker, providing excellent service whilst continually testing and scouring the financial markets in search for new innovative ways to add value.
OUR SERVICE
We provide our medical and health professional clients with all their required personal and business funding including residential mortgages, personal loans, commercial property loans, practice fit-out and equipment leases, overdraft & working capital finance and practice start-up, acquisition & succession funding.
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We create value for our clients either when a new transaction is to occur or through our ongoing refinancing reviews, as we believe it is crucial to stay relevant and aim to negotiate on our clients behalf at all times to ensure we are able to deliver our market leading service.

Our finance broking services come at no cost to our clients as we receive commissions from lenders. These commissions are clearly disclosed to our clients in their finance documentation.

We also provide complimentary access to property data and valuations.

Medical Finance Detective also provide personal and practice level banking and cash management advice for the array of health professionals whom we currently service.

We have significant experience and expertise in finance structuring which we can provide to clients either directly or work with our client’s existing tax advisers to provide the preferred structure and funding solution.

To see our medical finance case studies, please click the button below.

beyond getting extremely good deals/structures organised, [Medical Finance Detective] is a pleasure to work with and makes everything very easy

- Dr G Imberger -

very helpful, personable and knowledgeable of my finance needs as a doctor and what packages were available from various lenders

- Dr M Hoar -

I wouldn’t hesitate to recommend [Medical Finance Detective's] services to anyone seeking finance, including other medical professionals.

- Dr M Hoar -

[MFD] helped me secure excellent mortgage rates on several occasions and have consistently demonstrated that they are leaders in their field.

- Dr D Rabinowitz -

The team have always shown acute understanding of my needs and their efforts to obtain the best outcomes for my personal and investment loans is commendable.

- Dr D Rabinowitz -

[MFD] are never too busy to answer my queries and handle all matters in a professional approach with prompt resolution

- Dr A Malhotra -

their ability to work as a team and ensure that all members are across all the details of my account never ceases to impress me

- Dr A Malhotra -

OUR TEAM
Meet our team below. Our customers have access to the entire award-winning Finance Detective team. Click here to read more about Finance Detective.

Warren Dworcan

Managing Director

Warren’s ability to forge strong relationships, his insatiable drive and his innovative thinking have thrust him to the top of the finance industry. Medical Finance Detective, with Warren leading the charge, promises to deliver creative solutions to clients.

Andrew Bath

Associate Director

Andrew is a Chartered Accountant with over 20 years’ experience in business management and corporate finance. He has over 10 years’ experience in health and medical practice management including practice financing, practice development and succession planning.

CASE STUDIES

We are always looking for innovative ways to assist our clients.
See some of our recent success stories below.
  • 2018
  • Sometimes an existing Lender can Remain the most suited

    Dr Z first used Medical Finance Detective to purchase a new home and then several years later to purchase a residential investment property.  Several years after that Dr Z bought a much larger family home and needed significant new borrowings to settle.   Medical Finance Detective investigated multiple financing options for Dr Z including consolidating all her loan facilities with a new lender.  However, in this instance the valuations and lending caps used by different banks varied and it made sense to keep existing facilities with the existing lender.   Medical Finance Detective therefore only arranged for new borrowings on the new home.   It is important to understand the way property valuations can effect lending options and while a competitive interest rate is typically the highest priority, it isn’t the only consideration.

    July 9, 2018
  • Medical Businesses are Attractive to Lenders

    Mrs Y, a qualified nurse, together with her business partner started a health company providing specialist in-home medical services.   A strategic review identified that the acquisition of several pharmacies would significantly strengthen the business model.  Medical Finance Detective tested the market and arranged two new financing facilities.  The first was a loan to finance the acquisition of two pharmacy businesses secured against residential property owned by Mrs Y.   The second was an unsecured business loan to provide short term working capital for the business.  It is always the case that the lowest cost finance is available when real estate security is available.   But there are an increasing number of bank and non-bank lenders who are seeking to improve the unsecured funding products they can provide to small and medium enterprises (SME).  Medical and health based businesses are an attractive group to these SME lenders.

    March 15, 2018
  • 2017
  • Invest Refinancing Savings to Lower Risk

    Dr X had several residential investment properties and commercial land on which he was planning to develop an upmarket medical centre. This warranted a review of all his financing and after testing the market, Medical Finance Detective secured a 40 basis point interest rate saving on all loans. However, because the required loan facilities were large and complicated it was determined that replacing the existing single lender with loans from 3 new banks was the optimal arrangement.  Like cross-collateralisation mentioned above, using a single versus multiple lenders is a case by case determination.  Typically the larger the size of the total loan, the lower the interest rate and the benefit of using a single lender.  However, sometimes it makes sense to spread the total borrowed amount amongst several lenders in order to reduce the control of a single lender.   This was attractive in Dr X’s case because of the higher level of complexity in his personal and business structuring and that he was aggressively geared.   Given the higher risk nature of some of Dr X’s arrangements, Medical Finance Detective recommended and arranged to increase the ratio of principal and interest (P&I) loans to interest only (IO) loans held by Dr X.  The interest saving obtained for Dr X was invested in this change, so that total monthly repayments were left unchanged but the risk profile of the total facility was reduced.

    December 20, 2017
  • A New Lender Can Often be More Helpful

    Dr W had $9m of mortgage debt spread across 3 residential properties. He and his wife had made an offer on a new home but his bank was reluctant to provide additional funding. Medical Finance Detective quickly tested the market and found another bank that was willing to provide the required finance at a lower rate, providing Dr W agreed to a faster pay down schedule on one of the loans. The lower rate provided a saving of approximately $45,000 pa. As part of the new facility, all loans were brought across to the new bank who also agreed to separate out individual loan securities (which had previously been grouped or ‘cross-collateralised’). Cross-collateralising individual loans can provide access to a lower interest rate but it can also reduce borrower flexibility and equity release when one of the secured properties is sold. This funding aspect needs to be managed on a case by case basis. Medical Finance Detective carried out a loan review for Dr W a year later and secured a further interest rate saving at this time. It is important that these reviews are regularly carried out so clients can benefit from improvements in market conditions.

    October 6, 2017
TESTIMONIALS
We work hard to turn our clients into advocates.
See some of what they are saying about us, below.

[MFD] has done a fabulous job for me – beyond getting extremely good deals/structures organised, a pleasure to work with and makes everything very easy.

Dr G Imberger


 

I was referred to Finance detective by a friend in the real estate industry, and found them to be very helpful, personable and knowledgeable of my finance needs as a doctor and what packages were available from various lenders.  During a 6 month process [MFD] helped me re-structure some of my loans in such a way that I was able to more effectively use my existing equity.  They were very patient in explaining how they thought we could best proceed, and flexible when the property purchasing strategy changed from what was originally planned.  [MFD] successfully negotiated with the bank to accommodate a structure that was different to what was pre-approved and a bit outside the norm. 

I wouldn’t hesitate to recommend their services to anyone seeking finance, including other medical professionals.

Dr M Hoar


 

Finance Detective have helped me secure excellent mortgage rates on several occasions and have consistently demonstrated that they are leaders in their field.  As a doctor, it is important for me to feel that my financial circumstances are understood and to know that the advice that I’ve been given is in my best interests.  The team at Finance Detective have always shown acute understanding of my needs and their efforts to obtain the best outcomes for my personal and investment loans is commendable.  They have always approached my questions and concerns with respect, knowledge and the highest professionalism.  I am pleased to recommend their services and look forward to continuing as their client for future investment needs.

Dr Dean Rabinowitz


 

I have been a client of Finance Detective for over 7 years. My husband and extended family have been their client for much longer. Over that time Finance Detective has assisted me in my financial ventures with excellent service. They are never too busy to answer my queries and handle all matters in a professional approach with prompt resolution consistently. From my experience their ability to work in a team and ensure that all members are across all the details of my account never ceases to impress me. I highly recommend Finance Detective to people who appreciated being treated like a person rather then a number.

Dr Aakanksha Malhotra


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