Medical Practice Funding

There are over 165,000 individual medical practices in the USA. Provide your patients with the best care and help grow and maintain a healthy medical practice with up to $500,000 in funding from Greenbox Capital® in as fast as 24 hours.

Medical Practice Loans You Can Trust

Traditional lenders like banks often consider medical practice loans to be “low risk” thanks to high earning potential, stable revenue, and strong net worth. You may be able to get the medical practice funding you need through a traditional lender, but the application process can last months, and there’s no guarantee of approval. While you wait, your patients’ health may suffer, and opportunities to grow can vanish.

As an alternative lender, Greenbox Capital® can approve more medical practice loans than traditional lenders, and we can approve funding faster, with funds deposited in as little as one business day. We provide different types of small business funding to help grow your medical practice, with medical practice loans from as low as $3,000 up to $500,000.

Medical Practices Funding Solutions

We fund all medical specialties, including general practitioners, psychiatrists, dermatologists, veterinarians, and more. Our friendly, expert Funding Advisors will work with you to determine which funding option will help you achieve your goals without compromising your practice’s cash flow.

Merchant Cash Advance

You’ll receive working capital now, and we’ll receive a percentage of your daily or weekly credit card sales until the terms of the advance have been met. Ideal for businesses with a high volume of credit card sales.

Merchant Cash Advance
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Small Business Loan

Our business capital loans are typically between $20,000 and $60,000, but start as low as $3,000 and reach as high as $500,000 depending on the needs of your business. Ideal for businesses seeking short-term financing to grow.

Small Business Loan
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Collateral Loan

A secured loan that uses commercial real estate to reduce the cost of the loan.  Ideal for businesses looking for longer-term funding options.

Collateral Loan
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Business Line of Credit

Borrow as much or as little as you need, draw and repay as you go, and pay interest only on the portion of money you borrow. Ideal for businesses looking for flexible funding.

Business Line of Credit
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How To Use Medical Practice Funding

Sometimes, you need a quick infusion of funds to help meet the unique challenges of running a medical practice, such as:

  • High patient turnover
  • Delayed or denied insurance claims and trouble receiving timely payments from patients
  • Changes in patient behavior—patients are demanding pricing transparency, remote appointments, online scheduling and test results, and lower wait times
  • High cost of medical equipment, technology, and supplies
  • New equipment and training required to keep up with constantly changing standards of care
  • Size of practice—in a private practice, operating costs are the responsibility of the sole owner; in a group practice, operating costs are shared between all owners

A medical practice loan can also provide the cash flow you need to improve or expand your practice. Use your funding to:

  • Develop a secure website that allows patients to book appointments online, review test results, or conduct remote appointments
  • Upgrade or invest in new equipment or lab supplies to stay up to date with current standards of care
  • Invest in training for new dental care services
  • Purchase a new location or expand your current practice
  • Renovate your office to offer a more comfortable patient experience
  • Energize your marketing and advertising to bring in more patients

How Medical Practice Funding Works

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    Submit your 1-page application

    After you submit your application, a Funding Advisor will reach out to you within 1 hour (during regular business hours) to discuss your options.

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    Choose your funding

    Your Funding Advisor will work closely with you to determine which small business funding option will help you achieve your goals without compromising cash flow.

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    Get funded

    Once you and your Funding Advisor determine what funding option will work best for your business, your funding can be approved and deposited within 24 hours.

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    Repay your funding

    Repayment terms will depend on what kind of alternative medical practice loan you use. Terms are set in advance so you know what to expect and can plan accordingly.

Will You Qualify?

Approval for alternative medical practice loans from Greenbox Capital isn’t based solely on your credit score. We know credit scores don’t tell the whole story, so we focus on the overall health of your business, including:

  • Business revenue
  • Cash flow
  • Vendor payment history
  • Years in business
  • Public records

Why Get Funded by Greenbox Capital?

At Greenbox Capital, we know your first priority is your patients. That’s why our first priority is your practice’s success. 

The application process for medical practice funding from a traditional lender is lengthy and demanding, and there’s no guarantee of approval. With our one-page application and streamlined approval process, Greenbox Capital can approve medical practice loans in as little as 24 hours. We’ll never over-leverage your business by giving you more capital than you can manage, and just as you work hard to provide the best care for your patients, our Funding Advisors will work hard to support your practice and answer any questions you may have throughout the funding process.

Medical Practices Funding Q&A

Q: I am opening a satellite office and need to hire additional staff. What type of medical practice loan is best for me?

A: There are several funding options that may work for you, including a small business loan, collateral loan or merchant cash advance. One of our Funding Advisors can assist you in selecting the best solution for your practice.

Q: Can I use medical practice funding to pay off my school loans?

A: We do not restrict how you use your funds, but we always recommend using alternative loan to grow your practice, such as upgrading equipment, expanding to a new location, or adding new services.