Equipment
Diagnostic and treatment equipment is expensive and upgrades quickly. Equipment financing spreads the cost over the equipment's useful life.
Renovations and expansion
A term loan funds new operatories, treatment rooms, or a second clinic with predictable payments.
Billing cash flow
Reimbursement delays can strain payroll. A line of credit covers the gap and is repaid as claims are paid.
Frequently asked questions
Can I finance the purchase of an existing practice?
Yes. Term loans are commonly used for practice acquisitions, often based on the practice's historical revenue.