Specialty vs Salary: How Your Medical Discipline Impacts Your Access to Credit

If you’ve ever been declined by a bank despite a strong income, stable patient list, and solid reputation, the problem probably wasn’t you. It was the model being used to assess you.

Because traditional lenders look at the wrong things.

How banks typically assess risk

When a bank looks at your loan application, they aren’t really assessing your medical expertise. They’re looking at:

• Your credit score
• Personal bank statements
• Tax records
• Previous debts
• Standard income verification (usually payslips)

For self-employed doctors and consultants in private practice, this is where things start to unravel. You might earn €250,000+ per year, but if it’s through a mix of hospital sessions, private billing, and inconsistent insurer timelines, the bank’s model doesn’t like the “variability.”

That means you’re scored as risky — even if your income is consistent and growing.

The blind spot in traditional underwriting

Medical professionals have uniquely low default rates. They’re among the most stable income earners in any industry. But because their income doesn’t arrive in a regular salary format, many end up jumping through unnecessary hoops — or worse, being declined outright.

A newly qualified tech manager earning €60,000 on PAYE may get faster loan approval than a consultant urologist with 20 years of private patient revenue.

This happens because traditional lenders don’t segment by profession or clinical specialty. They don’t understand the earning curves of a cardiologist versus a GP. They don’t assess risk based on practice tenure, patient volume, or billing mix.

They assess everyone like a corner shop owner — or a retail employee.

How your specialty should work in your favour

At Global Health Capital, we take a different approach. We assess creditworthiness based on:

• Your medical specialty
• Your years in practice
• Whether you’re full-time or sessional
• Public vs private income balance

Why? Because different specialties come with different income patterns — and different risks.

Take two examples:

• A consultant dermatologist in full-time private practice with an established client base
• A GP working part-time with unpredictable locum sessions

Both are highly skilled. But their financial profiles, cash flow predictability, and income curves are completely different. One should likely qualify for higher pre-approved limits than the other — not because they’re better, but because their revenue timing is more consistent.

This is how lending should work. And it’s how we do it at GHC.

Introducing specialty-based funding

MediFlow, our flagship revolving credit product, uses a medical-first underwriting model. We pre-approve funding limits based on your specialty and tenure — not just credit reports or outdated financials.

That means:

• No unnecessary paperwork
• No unfair declines
• No treating your practice like a generic SME

Instead, you’re offered a facility that reflects who you are, what you do, and how your income actually arrives.

More than fair — it’s more efficient

Our goal isn’t just fairness. It’s relevance. When we assess doctors through a lens that makes sense, we can offer faster approvals, better products, and funding that actually works for your practice.

No more explaining to a bank manager what a “sessional rate” means. No more justifying why your income fluctuates between August and November. No more pushing personal loans into professional needs.

Just clarity. And capital.

You’ve earned financial freedom — not more admin

If you’re a medical professional tired of being assessed like a restaurant owner or part-time contractor, we hear you.

And we’ve built something better.

MediFlow is specialist funding for specialist professionals. Quick to apply. Easy to manage. Designed for the way you work.

Check your eligibility in two minutes. No credit score hit. No paperwork. Just funding that fits.