Whether you are a new doctor preparing to open your own practice or you’re an established medical professional with many years under your belt and a robust patient roster, even the best businesses may need to borrow money at some point in order to keep things operating smoothly and continue growing.
If you don’t need to borrow a huge sum, lines of credit are a flexible, less-strict borrowing option that may suit your needs better than a long- or short-term loan like and SBA loan.
We joined Physician’s Practice to share our expert advice for how medical practices can use lines of credit to grow their practice. Read the full article to learn:
- What a line of credit is and how it works
- What the pros and cons of a line of credit are
- How doctors’ offices can use lines of credit