Business Term Loans for Medical & Healthcare.
Medical & Healthcare operators turn to business term loans when practice acquisition and partner buy-in/buyout or medical, dental, imaging, and surgical equipment can't wait on a bank timeline. Summit underwrites the sector against time in business, not just two years of clean returns.
Business Term Loans for medical & healthcare.
Practice acquisition, partner buyout, and expansion loans. SBA 7(a) and conventional structures up to $10M.
For medical & healthcare business term loans placements, expect amount of $50K – $10M, apr of 8% – 24%, term of 2 – 10 Years. Qualification typically requires time in business 24+ Months and annual revenue $500,000+.
- ◆Practice acquisition and partner buy-in/buyout
- ◆Medical, dental, imaging, and surgical equipment
- ◆Office build-out, expansion, and second locations
- ◆Insurance AR financing and working capital
What to expect.
Business Term Loans · Medical & Healthcare.
Practice acquisition, partner buyout, and expansion loans. SBA 7(a) and conventional structures up to $10M.
Most medical & healthcare business term loans placements close in 5 – 10 business days. Summit's desk routes the file to the lenders most active in this sector.
Last 2 years of business tax returns. Last 2 years of personal tax returns for owners (20%+). YTD profit & loss and balance sheet.
Initial review is a soft pull. A hard inquiry only happens after you select an offer and proceed to closing.
Get business term loans for your medical & healthcare operation.
Indicative terms within 24 hours. No hard credit pull.
Begin Pre-Qualification →