Featured on Physician’s Practice: Small Business Loan Documentation Requirements for Medical Practices

male physician holding patient notes

Applying for a loan requires lots of documentation about you and your business. The documentation you’re required to supply will depend on the type of lender and the type of funding you’re applying for—traditional lenders like the Small Business Administration (SBA) and banks have strict and thorough documentation requirements, while alternative lenders typically ask for less paperwork and have a more streamlined process.

We joined Physician’s Practice to outline what you’ll need to apply for a small business loan from any type of lender. Keep reading to learn about small business loan documentation requirements for:

  • The Small Business Administration
  • Bank loans
  • Alternative lenders
Read the full article
Contributor and expert in finance and loans, business and economics