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Healthcare Practice Loans

Financing solutions for healthcare practices, medical offices, and healthcare providers.

Healthcare practice loans help medical practices finance equipment, practice acquisition, expansion, and working capital. Common uses: medical equipment, practice purchase, office buildout, technology upgrades, and working capital. Loan types: SBA loans (6-13% APR, up to $5M) for practice acquisition, equipment financing (6-30% APR) for medical equipment, term loans ($50k-$2M+), and lines of credit ($25k-$500k). Approval in 1-4 weeks for SBA, 24-72 hours for alternative lenders. Requirements: 2+ years in practice (for SBA), 600+ credit, strong financials. Healthcare practices are considered stable, low-risk businesses with consistent revenue.

Common Financing Needs

Equipment & Technology

  • • Medical equipment
  • • Diagnostic equipment
  • • Electronic health records (EHR)
  • • Practice management software

Learn about equipment financing.

Practice Acquisition

  • • Buying existing practice
  • • Partner buyouts
  • • Practice consolidation
  • • Real estate purchase

Explore SBA loans.

Expansion & Growth

  • • Adding exam rooms
  • • Opening new locations
  • • Hiring additional providers
  • • Marketing and patient acquisition

Working Capital

  • • Cash flow management
  • • Payroll and expenses
  • • Insurance reimbursement gaps
  • • Unexpected expenses

Best Loan Types for Healthcare Practices

1. SBA Loans

Best for: Practice acquisition, real estate, and large expansion.

  • • Rates: 6-13% APR (lowest)
  • • Terms: 5-25 years
  • • Amounts: Up to $5M
  • • Requires 2+ years in practice

Learn more about SBA loans →

2. Equipment Financing

Best for: Medical equipment, diagnostic systems, and technology.

  • • Rates: 6-30% APR
  • • Terms: 2-7 years
  • • Amounts: $5k-$500k+
  • • Fast approval (24-72 hours)

Learn more about equipment financing →

3. Term Loans

Best for: General practice needs, expansion, and working capital.

  • • Rates: 8-25% APR
  • • Terms: 1-5 years
  • • Amounts: $50k-$2M+
  • • Fixed monthly payments

Learn more about term loans →

4. Business Line of Credit

Best for: Ongoing cash flow, payroll, and unexpected expenses.

  • • Rates: 8-25% APR
  • • Limits: $25k-$500k
  • • Draw as needed
  • • Flexible access

Learn more about lines of credit →

Why Lenders Favor Healthcare Practices

Stable Revenue

Healthcare practices generate consistent, recurring revenue. Patients return regularly, and healthcare is essential. Lenders view this as low risk.

High Profit Margins

Healthcare practices typically have strong profit margins. This improves ability to repay loans and qualify for better rates.

Valuable Equipment

Medical equipment holds value and serves as collateral. Equipment financing is readily available with competitive rates.

Qualification Requirements

  • Time in Practice: 2+ years (for SBA), 6+ months (for alternative lenders)
  • Revenue: $50k+/month typical for established practices
  • Credit Score: 650+ (for SBA), 600+ (for alternative)
  • Licenses: Valid medical license required

Learn more about how to qualify for a business loan.

Frequently Asked Questions

Can I finance a practice acquisition?

Yes, SBA loans are ideal for practice acquisitions. Can finance up to $5M with rates as low as 6% APR. Requires 2+ years in practice and strong financials. Alternative lenders also offer acquisition financing.

What's the best loan for medical equipment?

Equipment financing is best. Equipment serves as collateral, rates are competitive (6-30% APR), and approval is fast (24-72 hours). Terms match equipment lifespan (2-7 years).

Can new practices get loans?

New practices may qualify for equipment financing or alternative lenders with 6+ months in business. SBA loans require 2+ years. Consider practice acquisition loans if buying existing practice.

Ready to Finance Your Healthcare Practice?

Apply now and get a decision in 24-72 hours. Fast approval for equipment, practice acquisition, and expansion.

Fast decisions • Clear terms • Real people