Medical Business Financing

Medical Business Financing

There are many expenses involved in running a successful medical practice. In addition to overhead such as rent, salaries, and other front-office expenses, almost every dental or physician’s office depends on current and fully-operational medical equipment to treat their patients. The cost for diagnostic as well as for machinery used to treat patients can be prohibitively expensive. When seeking to upgrade or to replace their medical tools, many professionals turn to AdvancePoint Capital for the medical equipment financing their practices, and their livelihoods, require.

According to a leading medical trade publication, the average expenses for a small medical practice’ front office equipment such as furniture, copiers, computers, and telephones can cost upwards of $65,000. While the examination rooms and medical equipment required can collectively cost in the millions of dollars.

Medical Equipment Financing You Can Live With

Many medical professionals, particularly those starting out, may already have accrued significant debt in the form of education expenses. When this is the case, their banks may not view them as ideal financing candidates. However, as a leading alternative lender, AdvancePoint Capital views the ‘big picture’. While we require good credit as lending criteria for medical equipment financing, we do not mandate that applicants fill out extensive paperwork nor provide any documentation beyond their financial statement. In return, we assist medical professionals to obtain loans up to $1,000,000 with terms of up to 7-years. Rates start at 5.99% and repayment installments are monthly.

At AdvancePoint Capital, we make financing your medical equipment go as smoothly as possible. Your application may be approved in hours, and funds made available immediately. If this sounds like the solution to financing your medical equipment upgrades, just fill out our convenient one-page form, or give us a call at (800) 381-8920. AdvancePoint Capital’s representatives are available to serve your financing needs 24/7/365. We’re here today when you need us and every time you require assistance fulfilling your business or medical practice’ financing goals.

* All loans made by either WebBank, an FDIC-insured Utah industrial bank, or Bank of the Internet Federal Bank, an FDIC-insured federally chartered thrift located in California. In connection with the loans, the Banks' underwriting conditions and terms apply.