Practice Acquisitions, providing financial solutions exclusively to dental and medical professionals. We may be able offer a working capital
loan to pay for the entire purchase price with copies of the sellerís tax returns (business not personal)
to see that the practice cash flows and the buying doctorís tax returns to see that the buyer has made a
good living as an independent or associate doctor before buying the practice.
First position lien on the practice is required.
Medical Working Capital Loan Program
Working capital loans are very simple and can be unsecured - we write a check to
the doctor so he or she can spend the funds at their discretion to enhance
the value of their practice. From advertising to practice expansion, working
capital loans can provide the funds necessary to increase future revenues and profit.
Medical Debt Consolidation Loan Program
Debt consolidation loans are designed for established
medical professionals (3+ years) to pay off existing personal and practice debts that carry
high interest rates or large monthly minimum payments. The doctor will apply
"good cash flow management skills" by combining a number of monthly payments
into one easy to manage payment.
Checks are written payable to the practice and the credit card company (or other companies)
for the doctor to endorse and forward to pay off debts. Up to 25% of the loan can be
issued directly to the practice to pay off smaller debts.
Terms to 72 months. Deferred payments and 10% balloon payments maybe available.
The loan document does NOT restrict the doctor's ability to borrow, buy, sell
or lease equipment as needed for the practice
The collateral is a lien against the general assets of the practice and the
guarantees of the doctor and spouse. A first lien position is NOT required.
No advance payments are required.
Last two years complete business and personal tax returns required.
Get Immediate Cash Relief - Medical Billing Financing
Factoring your medical receivables to instantly reduce the inconsistent
cash flow created by the insurance industry and other third party's.
The working capital loan program has been expanded to include other licensed
professionals. The program does vary slightly but it is still designed
to put cash in the bank to grow your business.
Medical Equipment Leasing Program
Medical Equipment Leasing offers additional financing options to the
practice for specific equipment acquisition. Leasing may provide tax
benefits to the practice that are not available with a traditional loan.
Medical Leasehold Improvement Program
Medical Leasehold Improvement Financing offers additional financing options to the
practice for improvements made to the building you are in.