What Is Medical Business Financing?
Fora Financial has worked with a wide range of medical practices, providing them with loans ranging from $5,000 to $500,000.
As a medical business owner, you have the immense responsibility of caring for your patients. In order to provide the highest level of patient care, you’ll need to invest in all areas of your medical practice. However, affording growth opportunities and necessary expenses can be challenging.
Join over 2,000 companies in the medical industry who have received more than $100 million in medical practice financing.
With a medical practice loan from Fora Financial, here’s what you’ll receive:
- A simple business loan approval process; credit score is not the only factor considered.
- Approval status provided in as fast as 24 hours. With medical business financing in your bank account in as quick as 72 hours from there.
- Access to our secure customer portal; use it as a resource throughout your funding process!
How to Use a Medical Business Loan
As medical regulations and insurance policies change, it’s crucial to maintain steady cash flow to manage day-to-day operations. Because of this, your medical practice will benefit from having access to increased cash flow.
In addition, due to the COVID-19 pandemic, medical providers are needed more than ever. During this time, medical business owners have required financing in order to safely serve their patients.
Even if your medical practice provides medical services unrelated to COVID-19, you must implement the latest safety measures for your patients. With a business loan or line of credit, your practice can afford to safely serve your clients.
Medical practice owners have used our small business loan program to purchase medical equipment, replenish supplies, and hire skilled medical personnel. They’ve also utilized their loans to invest in state-of-art medical technology and other necessary advancements.
Financing Available for Your Specific Medical Business
We know that there are a wide range of medical practices that provide various services. Because of this, your financing needs will be different than another medical business owner’s needs. Here’s a list of some of our medical business financing options:
- Dental Practice Financing
- Home Health Care Loans
- Loans for General Practices
- Chiropractic Business Loans
- Senior Care & Assisted Living Business Loans
- MedSpa Financing
- Pharmacy Business Loans
- Loans for Medical Laboratories
If you’re in need of a medical business loan, apply with Fora Financial!
Save the Day with Medical Business Loans:
- Open Additional Medical Services
- Purchase Necessary Medical Equipment
- Hire Medical Professionals
- Pay for New Technologies
- Meet Medical Industry Regulations
- Offer New Medical Services
- Pay for Commercial Real Estate
- Invest in Marketing and Branding Opportunities