Emergency Working Capital Available
Working Capital & Equipment Financing for Doctors, Dentists, Vets & Healthcare Professionals
When insurance receivables are delayed, payroll is looming, or equipment breaks down — we compare every real option and tell you the truth about cost before you sign anything.
Common Use Cases
- Bridge delayed insurance reimbursements and slow A/R
- Medical equipment — acquire, upgrade, or replace
- Payroll, rent, supplies during claim delays or slow seasons
- Practice expansion, buildout, or new location
- Tax payments, vendor terms, and staff hiring
Working Capital
Funding Built for Medical Practices — Not Just “Businesses”
Bank lines, SBA, ABL, factoring, and equipment financing matched to your cash-conversion cycle. We tell you which one fits — not which one pays us the most.
💵 What Working Capital Covers
Payroll, supplies, rent, insurance, equipment leases, malpractice premiums, marketing, and bridging the gap between service delivery and insurance reimbursement.
Funding Categories
- Bank & SBA Lines of Credit
- Asset-Based Lending (A/R + Inventory)
- Medical A/R Factoring
- Equipment Financing / EFA & Leases
- Short-Term & Revenue-Based Capital
🏥 Medical Specialties We Fund
- Primary Care & Internal Medicine — insurance billing delays
- Dental Practices — equipment upgrades, expansion
- Veterinary Clinics — equipment and working capital
- Specialty Practices — dermatology, ortho, cardiology
- Diagnostic Imaging — MRI, CT, ultrasound, X-ray
- Urgent Care & Med Spas — growth capital
- Physical Therapy — buildout and equipment
- Mental Health — practice expansion
⚖️ Our Philosophy: If banks decline, use the least-cost option that preserves cash flow while you improve your profile for cheaper capital later. We never push expensive products when cheaper alternatives exist for your situation.
Side-by-Side Comparison
All Working Capital Options — Ranked by Cost
Cost, speed, and fit for your practice — laid out without spin.
| Product | Best For | Speed | Typical Cost | Pros | Cons |
|---|---|---|---|---|---|
| Business Line of Credit | Ongoing cash needs | Days to weeks | 10–25% APR | Reusable; interest on draws only | Tougher approval; covenants |
| SBA 7(a) / CAPLines | Larger amounts, longer terms | 2–4 weeks | Prime + 3–6.5% | Lowest rates; long terms | More documentation required |
| Asset-Based Line (ABL) | A/R-heavy practices | 2–3 weeks | Base + 2–5% | Scales with receivables | Monitoring & reporting |
| Medical A/R Factoring | Insurance reimbursement delays | 3–7 days | 1–5% per month | Fast; unlocks A/R directly | Fee drag; insurer notification |
| Equipment Financing | Medical equipment purchases | 24–72 hours | 8–18% APR | Equipment as collateral | Long-term commitment |
| Sale-Leaseback | Asset-rich, cash-poor | 2–4 weeks | Medium | Unlock equity; keep using asset | Creates lease obligation |
| Revenue-Based Advance | Strong monthly deposits | Hours to days | 30–60% APR | Fast, flexible approval | Cash squeeze if revenue dips |
| ⚠️ Merchant Cash Advance | Absolute last resort only | Same day | 80–200%+ APR | Fastest funding available | Extremely expensive; avoid stacking |
💡 Pro Tip: Medical A/R factoring is often the best-fit for practices with insurance delays — fees are manageable and you’re not committing to long-term debt. Always compare true APR equivalents before accepting the fastest offer.
Financing Calculator
Estimate Your Payments
Run real numbers on equipment leases, business loans, and working capital lines.
Equipment Leasing
Medical Equipment Financing Requirements
What underwriters actually look for — separate tracks for established practices and startups.
🏥 Established Practices (24+ Months)
- Time in Business: 24+ months (12+ with strong profile)
- Credit: 650+ FICO preferred; 600–649 with compensating factors
- Revenue: $300k+ annual; stable deposits
- Docs: App-only up to $250k; above that — 3–6 months bank statements + YTD P&L
- Down Payment: 0–20% depending on credit and equipment
- Equipment: New or used; typical max age 10–12 years
- Structure: FMV lease, 10% buyout, or EFA
- Terms & Rates: 24–72 months; 7.99%–18.99%
🚀 New Practices (0–24 Months)
- Credit: 680+ FICO best; 640–679 with structure
- Down Payment: 10–35% typical
- Docs: Personal/business bank statements, personal tax returns, equipment quote
- Experience: Physician resume or industry background strengthens approval
- Plan: Brief business plan with revenue projections
- Co-Signer: Helpful for thin credit files
- Terms & Rates: 24–60 months; 12.99%–28.99%
- App-Only Max: ~$75k–$150k
Quick Requirements Summary
| Criteria | Established Practice | Startup / New Practice |
|---|---|---|
| Time in Business | 24+ months | 0–24 months |
| FICO Score | 650+ preferred | 680+ best; 640+ with factors |
| Down Payment | 0–20% | 10–35% |
| Documentation | App-only to $250k | Bank stmts, tax returns, plan |
| Equipment Age | Up to 10–12 years | New or newer used |
| Term Length | 24–72 months | 24–60 months |
| Lease Structures | FMV / 10% / EFA | FMV / 10% / EFA |
Specialty Solutions
Healthcare Financing by Specialty
Different specialties face different cash flow challenges. Here’s the right match for each.
| Specialty | Primary Cash Flow Challenge | Recommended Solution |
|---|---|---|
| Primary Care | Medicare/Medicaid billing delays | Medical A/R factoring, SBA CAPLines, LOC |
| Dental Practices | Insurance claim delays, equipment costs | Equipment financing, business LOC |
| Veterinary | Mix of private pay + pet insurance | Business LOC, equipment financing, SBA 7(a) |
| Diagnostic Imaging | Expensive equipment, insurance delays | Equipment financing, sale-leaseback, ABL |
| Urgent Care | High volume, delayed reimbursements | Medical A/R finance, revenue-based capital |
| Med Spas | Equipment-heavy, mostly private pay | Equipment financing, business LOC |
| Physical Therapy | Insurance reimbursement timing | Medical A/R factoring, SBA 7(a) |
| Mental Health | Mix of insurance + private pay | Business LOC, SBA working capital |
Critical Pitfalls
⚠️ Mistakes That Sink Practices
Protect your cash flow and future borrowing capacity. These mistakes are more common than you think.
| Mistake | Why It Hurts | Better Alternative |
|---|---|---|
| Stacking multiple MCAs | Crushes cash flow; blocks bank/SBA access later | Consolidate to one; exit to cheaper capital ASAP |
| “Reverse MCA” schemes | Often just another expensive advance in disguise | Negotiate with funder; shift to ABL/factoring |
| Stopping payments silently | Defaults, legal action, UCC account freezes | Request written temporary payment relief |
| Hiding existing debt from lenders | Bank statements reveal it — trust destroyed | Be transparent; present a payoff plan upfront |
| Short-term debt for long-term assets | Term mismatch; refinance pressure and cash drain | Match term to asset life (3–7 yrs for equipment) |
| Borrowing the full approval amount | No cushion if revenue dips | Borrow 70–80% of approval; maintain reserves |
🚨 Emergency Advance Warning Signs — Ask These Before Signing:
- Can you afford the daily/weekly debit during your slowest weeks?
- Do you have a 6–12 month refinance or exit plan?
- Will this solve the underlying problem or just delay it 90 days?
- Have you exhausted ABL, factoring, and sale-leaseback options first?
If you can’t say “yes” to the first two — pause and restructure before signing.
Owner Strategy
The Path to Sustainable, Lower-Cost Capital
Reduce your cost of capital over time while protecting cash flow at every stage.
1️⃣ Start With the Cheapest Capital First
- Apply to your bank or credit union for an LOC
- Explore SBA 7(a), CAPLines, Working Capital Pilot
- Get decline reasons in writing for a fix plan
- Build a 90-day plan to address each reason
2️⃣ Leverage Your Assets Before Borrowing Cash
- Asset-rich: ABL, sale-leaseback, cash-out refi
- A/R-heavy: medical factoring as the bridge
- Equipment-focused: equipment financing directly
- Always compare true APR equivalents side by side
3️⃣ Emergency Rules — If You Must Use High-Cost
- Borrow only the minimum amount actually needed
- Keep terms short: 90–180 days maximum
- Never stack multiple high-cost products
- Start your refinance plan on day one — not day 89
4️⃣ Improve Your Profile for Better Rates
- Cut Days Sales Outstanding — aggressive insurance follow-up
- Negotiate longer vendor payment terms
- Build 30–60 day operating cash reserve
- Clean personal and business credit profiles
- Document and stabilize recurring revenue streams
Common Questions
Frequently Asked Questions
Straight answers, no jargon, no runaround.
How fast can I get funding for my medical practice?
Bank/SBA loans: 2–4 weeks. Asset-based lines: 2–3 weeks. Medical A/R factoring: 3–7 days. Equipment financing: 24–72 hours app-only, 1–2 weeks full-doc. Revenue-based and MCAs: same day — very expensive, use sparingly and only as a last resort.
Will applying hurt my credit score?
Bank and SBA applications often require hard pulls. Many alternative lenders start with soft pulls and bank statement analysis. Always ask upfront which type of pull each lender uses — and get it in writing before submitting any application.
Can I use working capital for payroll and medical supplies?
Yes. The key is matching the term to your cash conversion cycle. Don’t finance long-lived equipment with a 6-month advance. Payroll and supplies should be funded with short-to-medium term revolving products like a LOC or factoring line.
Do you finance used medical equipment?
Yes, subject to age and usage guidelines. Imaging equipment (MRI, CT) and diagnostic gear over 10 years may require higher down payments. Dental chairs, lab equipment, and office systems have considerably more flexibility on age restrictions.
What if I already have a merchant cash advance?
Create an exit plan immediately. Transition to ABL, medical A/R factoring, or SBA as your metrics improve. Do not stack additional MCAs — that path leads to a cash flow death spiral. We can help you map the exit before it gets worse.
Can I get funding during an insurance reimbursement delay?
Yes — medical A/R factoring is designed for exactly this situation. We advance 70–90% of your eligible receivables upfront, and you’re paid out when the insurance company settles. Substantially cheaper than an MCA for this use case.
✅ What Happens Next?
Our process is simple, fast, and pressure-free.
- 1
Complete our secure 5-minute application
No hard pull to start. Just the basics. - 2
Upload docs via encrypted portal
Bank statements, equipment quotes, or A/R aging. - 3
Preliminary options within 24–48 hours
Multiple options with real numbers — not just the most expensive one. - 4
Review term sheets & choose your best fit
We explain the trade-offs. You decide. - 5
Close and receive funding
Same day to 2 weeks depending on product.
📋 Apply Now
Complete the form below and a specialist will be in touch within one business day.
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Learn how commercial lending actually works — before you sign anything.
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