PHYSICIAN BUSINESS LOANS

Physician business loans

Physician business loans can enable your medical business to get the funding when and where you need it most. Banks and traditional lenders require good credit, want a detailed business plan, with two years of financial documents. Plus, they want a detailed plan how the funds are going to be used. The application typically takes more than 40 hours to complete. If you are approved it can be a month or longer before you get the capital you need. The United States Treasury Department reports, denials have been above 80% over the past several years with small business lending.  The truth is most businesses won’t qualify a small business loan through a bank. Call us today to get started. Click to learn more about Alternative Financing Advantages.

Physician business loans with an online lender is the quickest way to secure funds for your healthcare business. We offer funding from $5000 to $500000. The amount capital that can be borrowed is dependent on the monthly deposits. The actual rates and term are dependent on the performance of the business. We focus on business performance, which can be reviewed with a few months of bank statements. This allows us to be flexible on low credit and avoid unlimited financial documents connected to your approval. There is very little paperwork involved this is the main reason why the application process is so quick.

Physician business loans

Click below to see different industries, business strategies, and how to get started.

HEALTHCARE INDUSTRY

Physician business loans

Practitioners in the healthcare industry, running a medical or dental office is a difficult task.   Allocating working capital for purchasing or upgrading your medical equipment, changing regulations and rising business, liability and drug costs. Including payroll and training requirements eat up a lot of capital.  A very common problem health professionals are facing. Insurance companies can take more than four months to pay a claim. This creates an unnecessary strain on your cash flow. A quick and easy physician business loans can allow your business to operate smoothly.

HEALTHCARE MARKETING

Physician business loans can help with healthcare marketing.  Marketing is the key to successful growth and longevity for any business. This includes creating a website,  reaching out with local social media campaigns, creating mailers, and flyers. Showcasing your customer service and health care team can attract new customers. Another opportunity to attracted new patients could be with local businesses. Providing simple health checkups on a monthly or yearly basis.

Physician business loans

HEALTHCARE STAFFING

Physician business loans

Healthcare staffing is more to the top challenges practitioners have. Physician business loans can provide funds to hire additional personal to add to your team.  Skilled in customer service, resolving conflicts and getting the job done. Optimal staffing is essential in providing professional medical care.

LOANS FOR BAD CREDIT

We provide Physician business loans for bad credit, typically working with scores in the low-500 to mid-600 range.  The number one requirement of conventional lenders is having a credit score above 680. According to Credit donkey, credit scores across the country for Millennials age 22 to 35 years is 634.  Generation X credit scores ages 35 to 51 came in at 655. They report roughly 45 million adults don’t have any credit scores. Because of low credit scores, is why is most businesses won’t qualify a small business loan. To understand more about credit, please visit our page WHAT IS CREDIT.

Physician business loans

Click below to see different industries, business strategies, and how to get started.