Featured on Physician’s Practice: 3 Short Term Medical Practice Loan Options

male physician holding patient notes

Long term loans like bank loans or SBA 7(a) Guaranteed Loans don’t always make sense for medical practices.

In some cases, funding with terms shorter than 5 years is ideal for meeting the immediate needs of a medical practice, such as upgrading equipment, restocking inventory, covering delayed bill payments, or simply increasing cash flow.

We joined Physician’s Practice to share our expertise about 3 short term funding options for medical practice funding, as well as our advice for when each type of funding is ideal. Read the full article for our advice about how medical practices can benefit from:

  • Merchant cash advances
  • Invoice factoring
  • Lines of credit
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.