Healthcare & Medical Practices
Medical Practice Loans
Medical and dental practices finance equipment, build-outs, and the gap created by slow insurance reimbursement. Practices are viewed favourably by funders because receivables are predictable, which tends to mean larger amounts and better terms.
What it pays for.
- Imaging, chairs and treatment equipment
- Practice build-outs and relocations
- The gap while insurance reimburses
- Hiring clinical staff ahead of revenue
- Buying into or out of a partnership
It is usually the same reason a lender says yes.
Practices are usually sound credit risks, so the obstacle is rarely approval. It is the reimbursement lag: money is earned weeks or months before it arrives, and that gap has to be funded by something.
Funding options for healthcare & medical practices.
Merchant Cash Advance
A merchant cash advance gives a business a lump sum today in exchange for a fixed percentage of future sales. Approval is based on revenue rather than credit score, so businesses turned down by banks often still qualify. Funding typically lands in one to three business days.
Working Capital Loans
A working capital loan covers day-to-day operating costs — payroll, rent, inventory, payables — rather than a long-term investment. Terms usually run three to eighteen months, decisions come in hours rather than weeks, and most funders weigh recent revenue more heavily than credit history.
Equipment Financing
Equipment financing pays for machinery, vehicles or tools, with the equipment itself serving as the collateral. Because the loan is secured by the asset, approval odds are higher and rates are usually lower than unsecured funding — and many businesses qualify with limited credit history.
Business Line of Credit
A business line of credit is a revolving limit you draw against as needed, paying interest only on the amount drawn. It suits uneven cash flow and unexpected costs better than a lump-sum loan, and the limit replenishes as you repay.
Healthcare & Medical Practices: questions owners ask.
- How do practices fund slow insurance reimbursement?
- Working capital or a line of credit bridges it. A line of credit usually fits best because the gap recurs, so you draw when receivables build and repay when they clear.
- Is medical equipment financing easier to get?
- Generally yes. The equipment secures the loan, so lenders accept weaker credit and often quote better rates than on unsecured funding.
- Can a new practice get funding?
- It is harder under six months of trading, but practices are viewed favourably because receivables are predictable. Equipment financing is usually the most realistic starting point.