ProsperCredit Financing

Medical Practice Financing

Medical practice financing provides capital for physician practices, dental offices, therapy clinics, and other healthcare providers. These specialized loans understand healthcare cash flow and medical business needs.

Minimum Credit Score

680

Maximum Loan Amount

$2000K

Typical Funding Timeline

Approval within 3-5 weeks, funding within 2-4 weeks after closing

Key Benefits

Specialized knowledge of healthcare business models

Flexible terms aligned with practice revenue cycles

Higher loan amounts for established practices

Competitive rates for healthcare professionals

Quick approval process

Financing for acquisition, expansion, or refinancing

Qualifications

  • Must be an established medical practice (2+ years operating)
  • Owner must be licensed healthcare professional
  • Minimum annual practice revenue of $200,000
  • Professional credit score of 680+
  • Current practice financial statements
  • Proof of professional license

Funding Amounts

Minimum

$50,000

Typical Range

$250,000 - $750,000

Maximum

$2,000,000

Frequently Asked Questions

What can I use medical practice financing for?

Medical practice loans can be used for practice acquisition, expansion, equipment purchases, technology upgrades, working capital, or refinancing existing debt.

What if my practice is less than 2 years old?

While 2 years is typical, some lenders work with newer practices showing strong revenue and solid business planning. Contact us to discuss your situation.

Can I finance multiple practices?

Yes, many healthcare professionals own multiple practices. We can work with you to finance acquisitions or consolidate existing practice debt.

Are SBA loans available for medical practices?

Yes, SBA loans are available for eligible healthcare practices and often provide favorable terms including lower down payments and extended repayment periods.

What about locum tenens or contract physicians?

Contract healthcare professionals may qualify for different programs. Contact us to discuss options based on your specific employment situation.

Ready to Get Started?

Apply for Medical Practice Financing today and get connected with our lending partners.

Apply Now