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  • Industry leading finance solutions
  • Ensuring optimal financial health
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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.
OUR SERVICES
We provide our medical and health professional clients
with all their required personal and business funding.
  • – residential mortgages
  • – personal loans
  • – commercial property loans
  • – practice fit-out
  • – Equipment leases
  • – overdraft & Working capital finance
  • – Practice start-up, acquisition & succession funding
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.
SPECIALIST SERVICES
Medical Finance Detective provide both personal and business funding for doctors and healthcare professionals, 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 work with our clients’ existing advisors to ensure a tailored solution. We provide funding to meet the structuring arrangement that our clients’ accountant or tax adviser recommends.
WHY CHOOSE US
We provide our 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 clients’ personal private banker, providing excellent service whilst continually testing the market.
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We create value for our clients either when a new transaction occurs or through ongoing refinancing reviews. We negotiate on our clients behalf constantly, to ensure we are delivering market leading solutions and 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 all our medical and healthcare professional clients.

We have significant experience and expertise in finance structuring, which we can provide to our clients, either directly or work with our client’s existing accounting and 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 specialist medical finance team below. Our clients also have access to the entire award-winning Finance Detective team. Click here to read more about Finance Detective.

Warren Dworcan

Managing Director

Warren is the founder of Medical Finance Detective and its parent Finance Detective. His ability to forge strong relationships with clients and his exceptional drive and innovative thinking have taken him to the top of the finance industry, winning Australian Broker of the Year for two consecutive years. He has 15 years’ experience in the finance industry and an excellent track record of delivering optimal finance solutions.

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 existing facilities are optimal

    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 lenders 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 almost always the case that the lowest cost finance is available when residential property security is used.   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
  • Savings from Refinancing can be invested 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 significant interest rate saving on all his 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.  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 because 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 significant 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 be More proactive and 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 $40,000 pa on Dr W's total borrowings. 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. Medical Finance Detective also 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 that clients can benefit from improvements in market conditions.

    October 6, 2017
TESTIMONIALS
We work hard to turn our clients into advocates.
See some of the compliments they have given us, below.

[Medical Finance Detective] has done a fabulous job for me – beyond getting an extremely good deal & structure organised, they were a pleasure to work with and made everything very easy.

Dr G Imberger


 

I was referred to [Medical 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 [Medical Finance Detective] helped me re-structure 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.  [Medical Finance Detective] 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


 

[Medical 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 [Medical Finance Detective] for over 7 years. My husband and extended family have been their client for much longer. Over that time [Medical 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 as a team and ensure that all members are across all the details of my account never ceases to impress me. I highly recommend Medical Finance Detective to people who appreciated being treated like a person rather then a number.

Dr Aakanksha Malhotra


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