Medical & Dental Practice Funding
SBA loans, equipment financing, and working capital for doctors, dentists, and specialty practices. Get matched with healthcare practice lenders in minutes.
Overview
LendWorks Connect matches physicians, dentists, orthodontists, and specialty practice owners with lenders who understand practice acquisition, equipment financing, and the unique cash flow dynamics of insurance-reimbursed healthcare. Get matched with practice-specific funding options in minutes.
Common Pain Points
- Practice acquisitions require buyer financing that most banks are unfamiliar with or unwilling to provide quickly - Dental and medical equipment — CBCT scanners, dental chairs, laser systems, imaging equipment — requires significant capital investment to remain competitive - Insurance reimbursement delays of 30–90 days create chronic operating cash flow pressure - New patient marketing, website development, and digital advertising require upfront investment before new patient revenue materializes - Associate physician or dentist hiring requires guaranteeing salaries before new providers become productive - EMR/EHR system migration and technology platform upgrades disrupt billing cycles and require capital to manage the transition
Frequently asked questions
Can I get an SBA loan to buy a dental or medical practice?
Yes. SBA 7(a) loans are one of the most commonly used financing vehicles for medical and dental practice acquisitions. Many SBA lenders have dedicated healthcare practice programs and are familiar with practice valuation methodologies. SBA loans can finance up to 90% of the acquisition price in some cases, with terms up to 10 years for goodwill and up to 25 years for real estate.
What dental equipment can be financed?
Virtually all dental equipment is financeable — dental chairs, operatory units, X-ray machines, CBCT scanners, intraoral cameras, CAD/CAM milling machines (like CEREC), laser systems, and sterilization equipment. Dental equipment financing terms typically run 24–84 months. The equipment serves as collateral, which streamlines the approval process significantly.
How does insurance reimbursement timing affect funding eligibility?
Insurance reimbursement delays can make bank statements look uneven month to month. Lenders familiar with the healthcare industry understand this dynamic and look at your overall deposit volume and collections trends rather than penalizing you for the timing mismatch. Providing your practice management system's collections report alongside bank statements can help illustrate your true revenue picture.
Can I finance medical equipment for a new specialty practice?
Yes. Equipment financing for medical practices — including imaging equipment, surgical systems, exam tables, and diagnostic tools — is available even for newer practices if the provider has strong personal credit and a solid business plan. Many healthcare equipment lenders also offer startup financing programs for recent graduates opening their first practice.
What is a practice line of credit and how does it work?
A practice line of credit is a revolving credit facility that allows you to draw funds as needed and repay over time. It is used for managing short-term operating expenses — payroll, supplies, lab fees, and marketing — between insurance remittances. The revolving structure means you only pay interest on what you use, and the line replenishes as you repay.
Can I get funding to add a new associate doctor or dentist?
Yes. Working capital loans and lines of credit can fund the cost of onboarding a new associate — including salary guarantees during the ramp period, malpractice insurance, credentialing fees, and marketing to drive new patient volume to the associate. The incremental revenue generated by the associate is the natural repayment source for this type of working capital investment.
How long does it take to get a medical or dental practice loan?
Timelines vary by product. Alternative working capital lenders can approve and fund in 24–72 hours for operating capital needs. Equipment financing takes 2–5 business days. SBA practice acquisition loans typically take 30–60 days from application to funding, depending on the lender and the complexity of the acquisition. Starting your search early gives you the most options.
Are there funding options for multi-location practice groups?
Yes. Multi-location practice groups can access larger credit facilities — both through conventional commercial banking and through SBA lending programs that accommodate group-level borrowing. Asset-based lending against the group's aggregate receivables is another option for larger practice management organizations.
