Medical Practice Financing Experts
Since 1993!
Since 1993, ProMed Financial has helped physicians, dentists, chiropractors, veterinarians, and healthcare professionals secure over $1 billion in financing and successfully buy or sell medical practices nationwide.
$1 Billion+
Financed
30+ Years
Experience
Nationwide
Coverage
Healthcare Industry
Specialists
Ready to Sell?
Start selling your medical practice today. We have decades of experience helping our clients find the perfect buyers. We’re here to help. Let’s chat!
I am a Buyer
From first-time ownership to multiple practice ownership – we’ve been there. From financing to walking through the sale, we’re here to help! Call to discuss or inquire about one of our listings!
Healthcare Lending
Need a loan? Think someone who specializes in Healthcare Finance can be of help?
Working Capital | Acquisitions Practice + Real Estate | Consolidations | Factoring…
Trusted By healthcare professionals nationwide since 1993.
Physicians
Dentists
Veterinarians
Chiropractors
Optometrists
Podiatrists
Urgent Care Centers
Medical Spas
Trusted By healthcare professionals nationwide since 1993.
Practice acquisition loans, startup financing, expansion funding, equipment financing, and SBA loans designed specifically for healthcare professionals.
Confidential brokerage services helping physicians and healthcare practice owners maximize practice value and secure qualified buyers.
Find, evaluate, and acquire healthcare practices with expert financing and transition support.
Finance medical office buildings, clinics, and healthcare facilities with specialized lending solutions.
Our Services
Why Physicians Choose ProMed Financial
- Fast decisions: 48-hour approvals, 7-10 day funding
- Physician-focused underwriting: We understand your income structure
- Flexible terms: 5-25 year options with competitive rates
- No prepayment penalties: Pay off early without fees
- End-to-end support: From application through practice transition
Smart Financial Solutions for Physicians & Healthcare Professionals
ProMed Financial specializes in financing and advisory solutions built specifically for physicians, dentists, and healthcare professionals. We understand the unique challenges you face, from medical school debt and partnership buy-ins to complex revenue cycles and practice transitions.
Medical Practice Loans & Equipment Financing
We provide medical business loans from $100K to $10M for practice acquisition, expansion, equipment purchases, and partnership buy-ins. Our business loans for physicians feature competitive rates, flexible terms, and approval decisions in 48 hours, not weeks.
Whether you need small business loans for doctors starting a practice, equipment financing for diagnostic technology, or high-limit funding for multi-location acquisitions, we structure solutions around your cash flow and growth timeline.
Unlike traditional banks, we understand physician compensation structures including RVUs, on-call pay, and partnership distributions. We work with doctors carrying student loan debt and don’t treat medical school loans like consumer credit problems.
Buy or Sell Your Medical or Dental Practice
Planning to buy a dental practice or sell your medical practice? We guide you through the entire process, from practice valuation and deal structuring to transition planning and financing.
For buyers: We help you evaluate opportunities, understand how much it costs to buy a dental practice (typically 60%-100% of annual revenue), navigate due diligence, and secure competitive acquisition financing.
For sellers: We explain how to value a medical practice for sale (usually 2.5-4x EBITDA), prepare your practice for sale, and connect you with qualified buyers.
Financial Planning for Physicians
Beyond lending, we offer financial planning for physicians including tax optimization, retirement planning, student loan strategies, and wealth management. Our fee-transparent approach provides clarity without product-pushing.
Why Choose ProMed Financial?
understands medical practice cash flow, reimbursement cycles, partnership structures, and healthcare-specific financing challenges. Since 1993, we have helped physicians and practice owners secure financing, acquire practices, and navigate successful transitions nationwide.
FAQs
What is a medical practice loan?
A medical practice loan is a type of business financing designed specifically for healthcare professionals. It can be used to start, buy, expand, or refinance a medical practice, purchase equipment, hire staff, renovate facilities, or improve cash flow.
How much financing can doctors qualify for?
The amount doctors can qualify for depends on factors such as credit score, annual revenue, years in practice, business financials, and the purpose of the loan. Many lenders offer financing ranging from $50,000 to several million dollars for qualified healthcare professionals.
Can I buy a medical practice with SBA financing?
Yes. SBA loans, particularly the SBA 7(a) loan program, are commonly used to purchase medical practices. These loans often provide competitive interest rates, longer repayment terms, and lower down payment requirements, making them a popular financing option for healthcare practice acquisitions.
How long does medical practice financing take?
The timeline depends on the type of financing and the lender. Traditional bank and SBA loans may take 30 to 90 days, while alternative financing options can often provide funding within a few days to a few weeks, provided all required documentation is submitted promptly.
How do I sell my medical practice?
Selling a medical practice typically involves valuing the practice, organizing financial records, preparing legal documents, identifying qualified buyers, negotiating terms, and completing the transaction. Working with experienced healthcare business advisors, brokers, and legal professionals can help ensure a smooth and successful sale.
What credit score is needed for healthcare financing?
Most lenders prefer a personal credit score of 680 or higher for the best loan terms. However, some financing programs accept lower credit scores depending on the practice’s revenue, profitability, time in business, collateral, and overall financial strength.