Business Loans & Financing Options for Medical Professionals
Funding is everywhere—but matching the right product to your practice is the hard part. As your broker, Liberty Capital guides you to the right lender and structure—so you avoid bank-hopping and get back to patients.
Avoid Bank-Hopping—Let Us Package It Right
Different lenders fund different products and credit tiers. Apply at the wrong place, and you restart from zero. Liberty Capital maps your need—short-term working capital or long-term asset financing—to the correct program and lender the first time.
The 7 Financing Options We Offer for the Medical Industry
1) Line of Credit
Purpose: Flexible funds you draw as needed for inventory, payroll, or unexpected costs.
Features: Revolving credit; interest paid only on what you use.
Benefits: Smooth cash flow; fast access to working capital.
2) Business Term Loans
Purpose: Larger projects—build-outs, renovations, major equipment.
Features: Lump sum, fixed/variable rates, predictable schedule.
Benefits: Clear end date and fixed payments for planning.
3) Merchant Cash Advance (MCA)
Purpose: Lump sum in exchange for a portion of future receipts.
Features: Daily/weekly or % of card sales; short terms based on last 3–4 months revenue.
Benefits: Fast approvals; documentation-light. Use cautiously due to payment cadence.
4) Medical Commercial Loan
Purpose: Real estate, expansion, or larger capex.
Features: Secured or unsecured; terms and rates vary by credit & collateral.
Benefits: Larger amounts and potentially lower rates for qualified practices.
5) Medical Invoice Factoring
Purpose: Turn receivables into immediate cash.
Features: Factor purchases invoices at a discount and manages collection.
Benefits: Improves liquidity without adding traditional debt.
6) Equipment Financing & Leasing
Purpose: Acquire devices without large upfront cost—imaging, ultrasound, lasers, lab gear, chairs, IT/POS.
Features: EFA ($1 buyout) for ownership; FMV/operating lease for flexibility and potential opex treatment.
Benefits: Preserve cash, hedge obsolescence, potential tax advantages. Soft costs (install, delivery) often included.
7) SBA Loans (7(a), 504)
Purpose: Working capital, equipment, real estate.
Features: Government-backed; longer terms and lower rates; stricter qualification.
Benefits: Attractive total cost for well-qualified borrowers with down payment/collateral.
You shouldn’t need 7 lenders—one broker orchestrates them all under one roof. Over 20 years serving small business and healthcare.
Medical Device Financing & Leasing — Application-Only up to $250,000
Where Can I Apply?
- Online Application: Complete, upload, and authorize. Soft inquiry; lender may hard-pull upon approval for equipment financing.
- Equipment Invoice/Quote: Multiple vendors accepted; private sale bill-of-sale may be considered.
- 3–4 Months Bank Statements: Verify income/banking; ACH autopay on approval.
Why Practices Choose Us
- Application-only ≤ $250K; financials to $5MM
- Next-day approvals possible
- Include installation, delivery, training (program-dependent)
- FMV leases for flexibility; EFA/$1 buyout for ownership
FAQ: Equipment Leasing & Medical Financing
Lease vs Finance—what’s better for medical devices?
If you upgrade often, FMV leasing keeps payments lower and simplifies refresh. If long-term ownership is the goal, an Equipment Finance Agreement or $1 buyout makes sense. Confirm tax treatment with your CPA.
Can soft costs be included?
Often yes—delivery, installation, IT integration, and training may be included up to ~120% total project cost, program-dependent.
Do you work with startups or lower credit?
We have programs across credit tiers. Startups may need additional down/security. Equipment-backed structures can improve eligibility.
How fast can I get approved and funded?
Application-only decisions can be next-day; funding can follow within 24–72 hours after final docs and vendor verification.
Is an MCA right for a medical practice?
MCAs are fast but carry daily/weekly repayments. We’ll compare alternatives (LOC, term loan, EFA/lease) to protect cash flow before recommending an MCA.