$4,000 – $1,000,000
HELPING YOU GROW
Medical Practice Loans
Starting a medical practice is an exciting experience. It provides the freedom to work for yourself and stay independent of larger health systems. Unfortunately, it is also complicated and challenging. For your medical business to be successful, you need a clear and detailed plan and It’s probably worth your while to hire a professional consultant for medical practices, health care attorneys, accountants. they will guide you and are aware of the pitfalls and challenges.
Why Choose Us for Medical Practice Loans?
From the onset of opening your medical practice, you will learn fast that cash flow is your enemy, the struggle to bridge the cash flow gap between treating your patients and when the insurance companies reimburse is a constant. Medical practice loans are one type of small business financing you can use to bridge those cash flow gaps. Understanding the different options for medical practice business funding and how you can use business loans to advance your practice will help you decide if it’s right for you.
We have over 175 lending partners, each with different interest rates and products, and the best part is there’s no risk to your credit score and no hidden obligation. Our marketplace is designed to improve your funding odds, and give your medical practice and doctor offices better business funding opportunities and we nurture your practice throughout the business funding process by providing a step-by-step application and 24-hour funding.
Medical practice loans or financing can help you accomplish the following:
- Commercial lease
- Medical and Office Equipment
- License Fees
- Office Renovations
- Marketing capital
- Manage Cash Flow
Types of Medical Practice Loans
SBA 7(a) loans from $30,000 – $350,000 from the Capital for Business network can be used for debt refinancing and working capital. Working capital includes operational expenses, marketing, hiring, etc. SBA loans for a doctor’s office can be used to fund new equipment purchases as well.
Bank Term Loans
A Business term loan from lenders in the Capital for Business network is between 2-5 years and loan amounts anywhere from $30,000 to $500,000
- $30,000 to $500,000 loan amounts
- 2-5 year terms
- Fixed interest rate from 7.99%
- Monthly repayments
Business Line of Credit
A business line of credit provided by Capital for Business is based on the revolving credit. That means you can use the funds repeatedly. Having a business line of credit provides you with extra flexibility and peace of mind when it comes to injecting money into your daily operations. It helps you avoid downtime and make sure things are running smoothly
- Receive up to $250k with a business line of credit
- Business lines of credit rates as low as 6%
Small Business Loan
A small business loan from our marketplace of 100+ alternative lenders will enable you to get the capital you need for your business growth. Our high approval rates mean that we say ‘Yes’ when banks say no. Our lending process which takes less than 5 minutes will not affect your fico score and we boast a 24-hour loan approval.
Working Capital Loan
Working Capital can help you take care of immediate needs in your business, whether that is a cash-flow shortfall or a new business opportunity. No collateral is required for our working capital loans or short-term funding, the required documentation is limited, and perfect credit is not needed. Nearly every industry can get a working capital loan.
Working capital loans are perfect for business owners who need short-term funding to grow. Working capital loans are simple, fast, and affordable and are designed to help with seasonal shortcomings with revenue or the need to boost inventory.
Business Loans for Bad Credit
we have bad credit business funding options for medical practice business owners with bad credit. Bad credit shouldn’t affect your ability to receive a medical practice small business loan so our loan advisors take look at your business revenue and potential, rather than your credit score to find alternative lending options for your business.
Merchant Cash Advance
A Merchant Cash Advance is an innovative alternative to a traditional small business loan. Capital for Business utilizes your expected future credit and debit card sales to be able to provide you with working capital so you can put your business plans into action. Instead of fixed daily payments, the repayment for an MCA is completely flexible.
- Receive up to $500k with a merchant cash advance
- Factor rates as low as 1.15
- Access to business funding in as little as 24 hours
Are you in the need of new business equipment but do not have the necessary capital on hand to pay for it? Equipment financing done with Capital for Business is incredibly simple fast and affordable. We are a top-of-the-line marketplace alternative lender that can provide you with same-day funding to purchase any type of equipment that your business may need.
Whether software, heavy construction equipment, vehicles, and much more. You will repay your equipment loan with low monthly payments and we keep the upfront cost minimal to something that your business can afford.
At Capital for Business, Invoice factoring is a quick and flexible source of funds for businesses that are waiting for outstanding receivables to pay. We simply utilize your accounts receivable as the collateral and advance funds against the face value of your invoices. Invoice factoring allows your credit line to grow proportionately with your sales cycle. We can fund as little as $5,000 a month and up to $2.5 million for larger companies.
Business Credit Cards
Business credit cards act as a revolving line of credit and are used for both purchases and payments. Businesses use credit cards with other loan products and are usually used for working capital purposes. Pre-revenue and startup companies can apply and receive these cards also, as well as established companies, of course. The biggest factor for approval is the strength of personal credit.
- Up to $150k
- Rates: interest rates starting at 0% intro rate for the first 6-18 months* and up to 19.99%
- Repayment: Revolving, credit cards are personal lines of credit.
- Fees: 3% to 5% origination fees
- Payments: Low monthly payments
- No collateral required
Credit Score: Must have a good credit score, at least a 680-fico score, good credit history, and a credit utilization not over 35%. Bad credit is not allowed
No Annual Revenue requirements to apply
- *not all cards have intro rates in our business credit card network
Why should you apply for our medical practice loans?
Capital for Business has been serving small businesses for over 15 years and knows what the entrepreneurs value the most. That is why we offer:
- favorable approval rates.
- we offer bad or poor credit business loans
- custom-tailored service with a dedicated loan specialist.
- reasonable eligibility requirements.
- flexible repayment terms on a daily, weekly, bi-weekly, or monthly basis.
- hassle-free online business loan application process.
- same-day approval.
How to get a business loan
OUR FAST BUSINESS LOAN APPLICATION PROCESS
Get business funding in as little as 24 hours
In just three easy steps, you can access the right financing solution for your business. Our fast application and 24-hour funding process give you the working capital needed to grow your business in no time!
Apply in Minutes
Tell us about your business
Tell us All about you
Connect your bank account
Medical Blog Resources
Trends & Tactics
Medical Receivable Factoring
Medical receivable factoring helps when slow payers are hurting your growth. While there are hundreds of corporate matters that business owners have to deal with, there is one that cannot be ignored.
GET THE SMALL BUSINESS CAPITAL YOU NEED TO AFFORD YOUR DREAMS
FAST & SIMPLE