A picture of a medical monitor
medical practice


You may need a healthcare practice loan to purchase new medical equipment, improve your office or building, or buyout a partner — we have several lenders for you that offer competitive rates for healthcare practice loans. We also offer commercial real estate loans if you are constructing a new medical facility.

In general, you may use the income generated from your healthcare practice or the new equipment as collateral some lenders may also require a good credit rating, a debt service coverage ratio (DSCR) of 1.25x or higher, and proof of profitability for 2 out of the last 3 years.

What do lenders look for?

To get approved for a healthcare practice loan, lenders may want bank statements, personal tax returns, business tax returns, business registration documents, and proof of profitability for 2 out of the last 3 years of business, and a DSCR of 1.25x or higher. Your DSCR can be calculated by dividing your Net Operating Income by your Debt Services.

Best practice tips:

● Be sure to have proof of profitability for at least 2 years.

● Prepare a detailed business plan to show the lender and include how you will use the loan to increase profitability.

● Check your monthly payments with our Business Loan calculator.