Featured on Physician’s Practice: 10 Ways To Use Medical Practice Funding

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Different forms of medical practice funding are ideal for different uses. Certain types of financing are designed for specific uses such as purchasing equipemnt, real estate, or inventory, or acquiring a practice. Other funding types have no restrictions and are ideal for use as working capital.

Understanding how you can use each kind of funding and its ideal uses will help you determine which medical practice funding best suits your needs.

We joined Physician’s Practice to share 10 popular ways to use medical practice funding. Read the full article for our advice on which funding options align with your goals, including:

  • Purchasing inventory
  • Purchasing or repairing equipment
  • Upgrading technology
  • Cash flow concerns caused by slow collections and billing
  • Covering insurance premiums when cash flow is limited
  • Investing in real estate
  • Acquiring another practice
  • Boosting marketing
  • Improving patient services
Read the full article
Author:
With over 25 years’ experience in financial services, Pamela Kohl has worked closely with banks, alternative finance, and other fintech platforms to develop core banking services, as well as establish new card programs, lending programs, and global payments platforms. She has been nationally recognized for creating innovative solutions, leveraging new markets, and developing winning strategic partnerships. Currently, Pamela serves as Vice President of Marketing at Greenbox Capital. Pamela earned a B.A. from Marshall University, summa cum laude, and M.A. in International Economics from the University of Miami, where she graduated with Distinction.