Get a Medical / Healthcare Loan Today!
Whether you’re looking to buy an existing medical practice, launch your own from the ground up, or grow the practice you already have, Cashifi has you covered.
"*" indicates required fields
QUICK & EASY APPLICATION
Apply in just 15 minutes and get funded in as little as 24 hours
YOUR PARTNER IN FINANCING
Your funding manager will be with you every step of the way
TAILORED TO YOUR PRACTICE
Your funding manager will work with you to ensure you get the best rates and terms
Cashifi Knows Medical Practice
With a medical practice loan, you can start, operate, or grow your medical business. There are many lenders who offer solutions for all types of healthcare professionals, like doctors and dentists. No matter what your goals are, a medical practice loan may help you meet—or even exceed—them.
Fill out our simple application.
Answer just a few questions about your business to see which lending products you qualify for. We’ve partnered with over 75 lenders, allowing us to find the best option or your business.
Compare loan offers
Compare different offers curated for your business. Select the capital amount and rate that will help take your business to the next level.
Connect to a funding manager
One of our funding specialists will reach out to you to get to know your business better. Since every business is unique, we want to make sure we find the loan type that’s perfect for your needs.
Get Funded Fast!
We work with lenders that can fund you fast. Once you’re approved, you’ll be able to access your capital in as little as 24 hours.
Invoice Factoring And Revenue-Based Financing
Invoice factoring and revenue-based financing both use future revenue as collateral for a loan. Certain lenders we work with specialize in factoring specific to the medical industry, based on your insurance receivables.
- TERM LENGTH
1-15 months - MAX LOAN AMOUNT
$50 million (factoring); $1 million (RBF)
Debt Financing
Debt financing is when you borrow money for your medical practice for a set term with a set rate and monthly payment. Two examples of debt financing include term loans, which offer a lump sum of money up front, and SBA loans, which are partially guaranteed by the U.S. Small Business Administration (SBA).
- TERM LENGTH
6 months-25 years - MAX LOAN AMOUNT
$5 million
Line of Credit
A line of credit offers a flexible way to finance your medical practice. Upon approval, you can withdraw funds as you need to, up to a set credit limit. You’ll pay interest only on the amount you borrow, rather than the entire amount for which you’re approved.
- TERM LENGTH
6-24 months - MAX LOAN AMOUNT
Up to $250,000
Equipment Financing
Equipment financing is an option if you’d like to buy or lease equipment for your medical practice, like x-ray machines, patient monitors, or surgical tables.
- TERM LENGTH
1-5 years - MAX LOAN AMOUNT
$5 million
Frequently Asked Questions
Outside of lenders that specialize in insurance receivables, there are no loans that are exclusively designed for medical practices. However, there are multiple types of business financing solutions that can provide working capital to cover business expenses or facilitate growth for a medical practice. These include invoice factoring, revenue based financing, debt financing, line of credit, and equipment financing.
Requirements for a medical practice loan vary by lender and loan type. Minimum requirements start at the following:
- A credit score minimum of 600
- Monthly revenue of $8,000 or more
- A business history of least six months
A medical practice loan can help you cover virtually any business-related expense. You might put the funds towards startup costs, working capital, inventory, equipment, commercial real estate, acquiring a practice, insurance, or refinancing business debt.
