Benefits

Benefits

Benefits to Members

The members own MediCoop CFI and ultimately the members decide where, how and what we do!

MediCoop CFI will start from a small base, with the objective of rapidly expanding its service offering to members as the membership and capital base of the business grows.

It is envisaged that (in due course) a full range of financial products and services focused on the healthcare industry will be available to members.

Members are invited to contact us regarding specific needs and the limited range of services currently available.

Benefits to Members:

Ownership
Ownership (via shareholding) is limited to medical professionals and associates – giving you democratic control over the direction and service, and product offering of a unique medical co-operative financial institution. This is the opportunity to “own your own bank” and grow with it!

Services and Products
The aim is NOT to replace your existing retail bank accounts.

MediCoop CFI only does business with its members. Its aim is to bridge a gap relating to your frustrations regarding the unique financial challenges faced by medical professionals and medical practices every day – notably debtor, stock, equipment and other cash liquidity related issues.

Access to Capital
Medical professionals are finding it increasingly difficult to access capital for practice expansion, establishment of new practices, medical facility finance and other healthcare project finance.

MediCoop CFI aims to mobilise and provide capital for your medical related capital projects (available exclusively to members).

Investment Opportunities
Through its membership network, MediCoop CFI attracts exciting and lucrative investment opportunities in healthcare facilities, services and projects for you to invest excess capital.

Only members can invest in additional shares or savings instruments of or through MediCoop CFI into specific medical projects. The aim is to benefit from passive income in the form of interest and dividends and capital growth in the form of share and asset appreciation opportunities.

Envisaged Service Range Objective:

  • Investment opportunities in various health care facilities and business opportunities sourced via and for members;
  • Open deposit and savings accounts for members at competitive interest rates.
  • Financial support for practice buy in, start up and expansion;
  • Medical equipment and technology finance;
  • Advances and loans to members for working capital, staff loans, education and investment in the medical industry;
  • Medical practice management and related financial services;
  • Medical service industry mergers and acquisitions.
  • Capital raising for major health care initiatives;
  • Provide negotiable instruments, trust and custody services;
  • Other day to day industry specific financial service solutions required by members.