MEDICAL PRACTICE LOANS & PHYSICIAN FINANCING

A medical practice loan is funding related to your career, from acquiring new office space to purchasing new equipment.

Consult with a practice financing specialist.

1. Initial inquiry – Speak with a practice financing specialist about your goals.
2. Prepare documents such as financial statements, personal and business tax returns, business plan and projections, certifications and licensing information.
3. Proposal – Receive a customized financing proposal.
4. Underwriting – Lender reviews your financials and risk profile.
5. Closing – Sign final documents and confirm terms.
6. Disbursement – Funds are released for your practice needs.

Medical practice loans generally feature longer repayment periods (up to 15 years for practice loans and up to 25 years for real estate) and may include options such as six-month interest-only periods. In contrast, generic loans often have shorter terms and less flexibility.

Due to the higher startup costs and delayed revenue cycles associated with medical practices, lenders may offer higher borrowing limits and up to 100% financing.

U.S. Bank underwriters assess factors like cash flow stability, projected revenue and licensing credentials in addition to historical performance, which can be important for new physicians or those expanding their practices.

Use cases: Funding from these loans can support practice acquisition, equipment purchases, technology upgrades (such as EHR systems), and working capital for payroll and reimbursement delays. Generic loans may not address these healthcare-specific requirements.

Practice financing loans can vary in their collateral requirements depending on the specific type of practice financing and the borrower’s financial situation. We provide secured and unsecured loans to meet your business needs. For more information, speak with a practice financing specialist now.

Most medical practice loans use conventional bank financing, while SBA loans, backed by government guarantees, offer different terms.¹Some practice finance loans could qualify for SBA backed lending. Speak to your expert to find the best solution for you. SBA loans are helpful for physicians when traditional options aren't available or can be combined with standard loans to meet financing needs.

Medical practice loans are designed to help healthcare professionals manage and grow their practices. Here are the most common uses:

• Purchase an existing practice or buy into a partnership.
• Cover transition costs and initial working capital.
• Buy or refinance office space.
• Fund construction, buildouts or major renovations.
• Acquire diagnostic tools (MRI, X-ray, ultrasound).
• Upgrade Electronic Health Record (EHR) systems and billing platforms.
• Manage payroll, utilities and inventory.
• Bridge cash flow gaps caused by insurance reimbursement delays.
• Open new locations or add specialty services.
• Renovate waiting rooms and treatment areas.
• Combine multiple loans into one payment.
• Improve cash flow with better terms and rates.
• Invest in digital marketing and patient acquisition strategies.
• Hire and train staff to scale operations.

We offer a variety of customized financing solutions that include up to 100% financing, options for six-month interest-only periods, various prepayment options, and competitive fixed rates with practice loan terms up to 15 years and commercial real estate terms up to 25 years.

Ready to take the next step? Speak with a practice finance specialist today.

Yes. Financing your practice expansion or equipment purchases can often align with tax deductions under current laws – potentially lowering your overall costs. Talk with your tax advisor to see how these benefits could apply to you.²