Medical Practice Loans & Financing
Keep your practice moving while reimbursements catch up. Explore financing for payroll, medical equipment and your next stage of growth.
For operating practices with verifiable revenue. Available programs depend on your business profile and intended use of funds.
Fund The Business Behind Patient Care
*Selected alternative funding programs. Other programs have different requirements.
Put Practice Financing To Work
Start with a specific business need. The right financing structure should match how the expense supports your practice and when you expect the benefit.
Working Capital
Support payroll, rent and supplies when collections arrive later than operating expenses.
Plan around actual reimbursement timing and your existing payment obligations.
Medical Equipment
Explore funding for diagnostic devices, treatment equipment and essential office technology.
Have a vendor quote ready, including installation, training and service costs.
Practice Growth
Finance renovations, additional staff or an expanded location with a defined budget.
Include the time needed to open, recruit and build patient volume.
Match Your Goal To The Right Funding Option
A recurring cash-flow need and a major equipment purchase call for different approaches. Compare the structure before choosing an offer.
| Program | Potential Fit | What To Review |
|---|---|---|
| Business Line Of Credit | Recurring, short-term operating needs. | Draw fees, renewal rules, payment schedule and whether repaid funds become available again. |
| Equipment Financing | A defined equipment purchase or replacement. | Down payment, equipment eligibility, collateral and ownership at the end of the agreement. |
| Business Loans | A planned expense with a known budget. | Net proceeds, total repayment, term and payment frequency. |
| SBA Loans | Qualified practices planning larger, longer-term investments. | Eligibility, documentation, borrower contribution and closing timeline. |
| Revenue-Based Funding / MCA | Selected practices seeking an alternative tied to business revenue. | An MCA is a purchase of future receivables, not a loan. Review total purchased amount, collection terms and reconciliation provisions. |
Program availability and terms vary. Your medical specialty alone does not establish eligibility or guarantee favorable pricing.
Check Your Practice’s Readiness
Prepare these details for an initial review. This screen applies to selected alternative funding programs; lines of credit, equipment financing and SBA loans use separate underwriting criteria.
Operating History
An active practice with at least six months in business for selected programs.
Credit Profile
Some alternative programs may consider a personal credit score of 550 or higher. Other options may require stronger credit.
Bank Statements
Prepare your four most recent business bank statements showing verifiable deposits.
Revenue & Obligations
Share average monthly revenue, collection patterns and current financing payments. Revenue minimums depend on the program.
Additional Documents
Depending on the request, lenders may ask for tax returns, financial statements, ownership details, equipment quotes or business licenses.
Meeting an initial screen does not guarantee approval. Submit business financial records only; patient charts and identifiable patient information are not needed for this initial review.
A Clear Path From Request To Funding
Define The Need
Tell us how much you need, how you will use it and when the funds would be most useful.
Review Your Options
Provide business records so available programs can be assessed. Review costs and payment terms before deciding.
Complete The Agreement
If approved, complete any remaining verification and review the agreement before signing. Funding follows the program’s closing requirements.
Timing depends on the program, complete documentation and lender review. Equipment and SBA financing may involve additional steps.
Protect Your Cash Flow Before You Commit
A financing offer should work with your collection cycle. Check the payment burden in a slower month as well as a typical one.
Compare The Full Cost
- How much will reach your account after fees?
- What is the total amount you must repay or deliver?
- Are payments daily, weekly or monthly?
- Is there a personal guarantee or collateral requirement?
- What happens if you pay early or collections slow?
Budget Beyond The Device
A practice considering a $60,000 equipment purchase should also budget for installation, training and maintenance.
Compare the financing payment with the additional cash the equipment could generate after staffing and operating costs. Allow for a slower ramp-up than expected.
Example only; this is not an offer, quote or projection of financial results.
Medical Practice Financing Questions
Is This Financing For Patients Or Medical Practices?
This page covers business financing for operating medical practices. It is not an application for personal medical bills or patient treatment costs.
Can I Use Funding While Waiting For Insurance Payments?
Working capital may help cover operating expenses during collection gaps. Available options depend on your deposits, current obligations and program eligibility. Match payment timing to your cash flow.
Can A Newer Practice Apply?
Practices with at least six months of operations and verifiable revenue may be considered for selected alternative programs. Other products require more operating history or additional qualifications.
Does Less-Than-Perfect Credit Rule Me Out?
Some programs consider credit alongside revenue and other business factors. Lower credit may limit available options or affect cost. Approval and pricing depend on the full application.
Will I Need Collateral Or A Personal Guarantee?
Requirements vary by program. Equipment may secure equipment financing, and a program may require a lien or personal guarantee. Review the agreement rather than assuming financing is unsecured.
How Much Can My Practice Receive?
The amount depends on the product, revenue, cash flow, existing obligations and underwriting. Submit your requested amount and intended use to explore the programs available to your practice.
Build A Stronger Financial Foundation For Your Practice
Tell us what your practice needs. GoKapital can help you explore available business funding programs and understand the next steps.
Monday–Friday, 9AM–6PM ET. Financing is subject to underwriting, approval and program availability. Amounts, costs and terms vary.