Industries
Flexible Loans for
Medical Practices & Healthcare Providers
We provide a wide range of medical businesses with working capital, from walk-in clinics to home health care services.
We're a Funding Partner with a Proven Track Record
Since 2013, we’ve grown with companies we support.
What is a Medical Practice Loan?
Medical Practice Funding is a specialized capital funding service designed for doctors and healthcare professionals launching or growing their practices. Our flexible financing options—including Merchant Cash Advances, Revenue-Based Financing, and alternative funding solutions—help cover the costs of leasing or building office space, hiring staff, purchasing equipment, and managing cash flow delays caused by insurance reimbursements. As experienced Merchant Cash Advance Direct Lenders, we offer quick capital access and small business cash advance options to ensure your medical practice stays financially healthy. Need fast business cash? SVP Funding Group delivers tailored support for the healthcare industry.
How Medical Practice Loans Work
Medical business loans are for building a medical services business. This could be doctors’ offices, lab facilities, and more. Doctors and health care professionals use these loans to promote their business, purchase vehicles, get new equipment for diagnostics, and help pay salaries and wages for employees and partners of the business.
How To Use a Medical Practice Loan
The financing options for medical practice include equipment buying, office furnishing, building rent, payroll, cash flow improvement, and many more. The loans are vital when doctors want to start a new practice.
Expansion
Expanding business operations requires a good plan and healthcare business loans. With flexible options, these loans allow for adding new staff, marketing, building a new facility, and more.
Payroll
Healthcare businesses frequently utilize medical practice loans to manage payroll and other routine expenses.
Equipment
Loans specifically designed for small businesses run by doctors can be useful for purchasing new office equipment. These funds can be allocated towards various items, including computers and diagnostic tools.
Why Apply for a Medical Practice Loan?
Invest in New Technologies
Medical practice loans provide healthcare professionals with the means to invest in advanced medical technologies for their practices.
Invest in Marketing
When businesses grow, they need their customer base to grow with them. A medical practice loan provides a MedSpa, a doctor's office, or lab with the opportunity to market its new services and gain new customers.
Ensure Regulations Are Met
Meeting medical regulations is crucial. The moment these regulations change, it requires doctors to meet the new demands as fast as possible, and that is one of the benefits of business loans for healthcare professionals.
Minimum Eligibility Requirements
Time in Business
Minimum 1 Year
Business Annual Growth Revenue
No minimum
Business Checking Account
Yes
US Citizen/Based Company
Yes
FICO Score
500+
Other Financing
Subject to underwriting
Bankruptcies
None preferred
Medical Practice Loans FAQ
Medical professionals like family physicians, dentists, dermatologists, chiropractors, and even massage therapists are some of the entrepreneurs who can apply for medical practice loans.
- First off, you need to figure out what you actually need the medical practice loan for. If you’re just in need of some extra cash flow, a line of credit might be a better fit than a term loan. So, start by clarifying what you need the funds for, and then check out your loan options.
