Get Quote Now

Business Loans for Veterinarians

Find the Best Veterinary Loans for Your Small Business at Advancepoint Capital. Compare, Choose and Save Today.


Small Business Customers

375 Million+

in Funded Capital


Rating from the BBB


Google Reviews

The veterinary practice sector is driven by the execution of the expertise of treatment and the service provided. To operate an efficient veterinary practice, you must have great equipment, a proper operation process and structure from beginning to end, and an efficient and accountable workforce so you can deliver excellent service with a quality loan product.

Having a proper business credit facility is essential to help the veterinary practice function and operate properly. Whether it’s getting the latest equipment to improve the care and overall practice operations process or purchase supply in bulk at a discount, practice loans may be necessary to maintain and or build the practice/animal hospital.
Everyone knows how difficult it can be to deal with lenders, banks or get bank loans from them or credit unions, for that matter. Bank loans require tons of paperwork, and credit standards are high. AdvancePoint Capital can provide working capital to veterinary practice owners using a diverse range of loans offering various interest rate options, owner credit score qualifications, loan amounts, and more. Our lending products give your veterinary practice the flexibility and freedom necessary to find lenders that help you get results.

We understand how challenging it can be for small business owners to find the right funding solution to expand their business and purchase more equipment, supplies or simply to secure more cash flow. Veterinary practice financing can be a complex endeavor — but we make it easy.

Regardless of credit scores, credit history, business needs, payment terms, loan size, and more — we’ll be your lending partner to help improve business revenue to enhance business operations all around. When bank financing is not an option, you need a lender you can rely on, and that’s where we can help. We make the approval process a breeze, with quick and easy ways to get cash fast to help out with various business expenses and more.

Whatever comes next in your business plan, as your business funding marketplace, we have the products you need to grow and expand. AdvancePoint Capital is here to help.

Apply For Your AdvancePoint Loan Today!

The 8 Best Business Financing Options for Veterinary Practices

When it comes to discovering what manufacturing financing works best for you, it’s essential to look through all of your available options to decide which source of capital is ideal. Whether it’s choosing the right interest rate or terms, it’s crucial that you look at a wide range of factors to choose the one that’s right for you. Financing options for manufacturers from AdvancePoint capital are diverse —with a variety of lending partners, so let’s take a look at six of the best loan opportunities for financing your practice.

Business Line of Credit

A business credit line is a type of veterinary practice financing that offers a flexibility feature for your business that a short term loan does not. It works like a business credit card in that it is a revolving line of credit and allows you to draw money out and then repay at any time with you only paying principal and interest on your outstanding balance. The product has a credit limit that you cannot exceed and is set at the time of consummation.

Highlights of Business Lines of Credit:

  • Lower costs and fees than that of a short-term loan
  • Only responsible for principal and interest on the outstanding balance
  • Draw money out as you need it instead of a lump sum

Learn More About
Business Line of Credit

Learn More

Long-Term Small Business Loans

Lenders define long-term small business loans as having a repayment duration of 2 years or greater. This business finance product offers a fixed lump sum upfront, repaid over an extended period, with the costs based on a principal and interest rate.

Product Overview

Loan Size: $25,000 up to $500,000
Interest Rate: Interest rates starting treasury index plus 1% to 2.5% (currently 5.5%)
Loan Term: 2 to 10 years
Fees: Origination fees 0% to 3%
Payments: Monthly or bi-weekly payments
Credit Standards: All types considered, good to excellent preferred

Learn More About
Long-Term Business Loans

Learn More

Short- Term Small Business Loans

A Short Term Small Business Loan offers a fixed amount over a fixed term with a fixed factor cost, unlike a principal and interest loan. Payments are usually set up to be paid either monthly or weekly directly out of a bank account via ACH based on the term and payback amount. For a veterinarian practice looking for a reliable way to get money fast, short term loans are a sound solution to get the financing you need.

Highlights of Short Term Business Loans:

  • Same day to 24-hour funding
  • All types of credit considered from poor to excellent
  • Limited paperwork needed for loan approval
  • Easier approval qualifications than that of a business credit line
  • Loan term 6 to 24 months

Learn More About
Short Term Business Loans

Learn More

Equipment Financing

An animal hospital or veterinarian’s practice owner will require various equipment to perform all the duties of a practice. Many times the cost to upgrade equipment well exceeds the available cash to purchase equipment. An equipment loan can enable the practice to develop new product lines, improve quality controls, reduce labor costs, and improve the overall practice processes and structure.

When purchasing equipment for your practice, you secure that equipment as collateral like you would when buying a truck or automobile. Lenders usually structure equipment loans as a lease to purchase or fixed-term loans, making them a sound financing option for veterinarians.


  • Minimal paperwork required
  • Repayment terms from 1 to 7 years
  • Affordable monthly payments
  • Frees up cash instead of depleting company cash reserves to purchase

Learn More About
Equipment Loans

Learn More

SBA (Small Business Administration) Loans

The most popular yet most difficult option for various veterinary practice financing types is an SBA loan, short for the United States Small Business Administration loan. These products are a loan that the Small Business Administration guarantees. SBA-approved lenders actually lend the money. Because the SBA backs this loan, the interest rates and terms are more attractive than any other veterinary financing type, but qualifications are more rigid for credit.

Be prepared as an owner; it will take time to get approved for SBA loans. Lenders will take weeks, not days, for these financing decisions. However, it’s worth it in the end, as you’ll have extremely low interest rates and excellent terms. Some practice acquisition loans will require down payment depending on underwriting guidelines.

Highlights of Small Business Administration Loans

  • Repayment terms from 1 to 25 years
  • Interest rate as low as 7% (depends on the lender)
  • Monthly payments
  • No restrictions on the use of money

Small Business Administration (SBA) Loans for Veterinarians and Animal Hospitals

SBA 7(a) Loans

Term loan used for expansion, renovation, new construction, purchasing land or buildings, buying equipment, fixtures, or lease-holding improvements. It is also great for working capital, refinancing debt for compelling reasons, a seasonal line of credit, supplementing inventory, or starting a business. SBA 7 (a) loans are available up to 5 million. SBA 7(a) terms from 5 to 10 years for non-real estate collateral, up to 25 years to acquire/refinance business with real estate collateral.

  • SBA 7(a) Small Loans – Any SBA 7 (a) Loan $350,000 and under, except community advantage and Express
  • SBA 504 – If you’re looking for significant funds as a buyer or an existing practice to expand or need a more long-term funding solution, a CDC/504 loan may be the right choice.

SBA Microloans (Non-SBA 7 (a) Loans)

  • SBA Express – The SBA Express Loan resembles the standard SBA 7(a) program in qualifications and purpose. It gives the same great opportunity, such as short-term working capital — but even faster. For businesses looking for a loan in days instead of months — the SBA Express Loan is a great alternative.
  • SBA Veterans Advantage – The SBA Veterans Advantage is another SBA loan that resembles the SBA 7(a) Loan Program. A veteran small business owner can take advantage of this loan for just about anything.
  • SBA Community Advantage – This SBA loan resembles the SBA 7 (a) Loan Program and is designed specifically for businesses in underserved markets. This product is an excellent option for newer companies, those in risky industries, and those owned by women, minorities, or a veteran small business owner.
  • SBA CAPLines – In addition to SBA loans, the SBA also offers credit lines through its CAPLines Program. It comes with a fixed-guarantee and revolving line of credit up to $5 million for an existing practice.

Learn More About
Small Business Administration (SBA) Loans

Learn More

Business Credit Cards

Business credit cards function and operate the same as personal credit cards, which are revolving lines of credit using a business credit card with a specific account number. Credit cards are a great solution for your veterinary practice if you’re looking for smaller immediate purchases and a means to pay for supplies, bills, equipment, and other small items.

Highlights of Business Credit Cards

  • Revolving principal and interest rate
  • Rates starting at 0% up to 18% (depends on the lender)
  • Builds positive credit
  • Easy to manage and use
  • Minimum monthly payments

Get Quote Now

Business Cash Advance

Business cash advances (BCA) are a type of purchase of future sales agreement that advances future sales at a discount to the business. The business is responsible for paying back a fixed amount (also known as a specified amount). The difference between the advance amount and the specified amount is called the “factor rate or cost.” A fixed percentage of future overall sale deposits is the method used for repayment. The payments are collected by an ACH fixed daily or weekly from the bank account based on the specified percentage of future sales.

Reconciliation can occur at the end of every month. If the fixed payments taken are more than the set percentage of sales in the agreement, a practice owner can request a refund to the business for overpayment so that the set specified percentage of sales matches the sales volumes.

Product Overview

Rates: Factor rates from 1.09% up to 1.45%
Terms: Payoff dependent on future sales
Lender Fees: Origination fees that range 0% to 5%
Payments: Weekly or daily
Credit Standards: All types considered

Learn More About
Business Cash Advance

Learn More

Merchant Cash Advances

A merchant cash advance (MCA) is also known as a purchase of future sales agreement that operates very similarly to a BCA. The most significant difference is the repayment process, which is connected to the future credit card sales instead of overall sales. No fixed payment is deducted from the bank account. The set percentage of future card sales payment method is used.

Product Overview

Rates: Factor rates 1.09% up to 1.45%
Term: No term limits (payoff depends on future sales)
Lender Fees: Origination fees range from 0% to 3%
Payments: Fixed percentage of future credit card sales as payment
Credit Standards: All types considered

Learn More About
Merchant Cash Advance

Learn More

The fast, convenient, and straightforward way to get the money you need for your small business – now!

Get your quote today by filling out our simple form.

Benefits of Veterinary Practice Funding

Cash Flow

Managing the cash flow of the practice can always be a problematic aspect of owning a business. Access to some type of credit facilities like a business credit line or short term loan is essential. Business financing in place can solve problems in your practice by filling those short or long-term issues like customer payment delays, supply and equipment purchases, payroll, and general operating expenses.

Owning Your Equipment Outright

Equipment is part of any veterinary practice. Repairs and upgrades of equipment are always going to be in the plans for the practice. In some cases, new equipment can entirely revolutionize the way processes work, improve efficiencies, and cut costs in the long run. Accessing equipment financing allows the practice to purchase new equipment to gain new clients, operate more efficiently, and in some cases, reduce labor costs and profit margins.

Hire Employees and Managing a Growing Team

Machines may be the foundation, but employees are the lifeblood that makes the practice work. Obtaining quality talent in manufacturing is exceptionally challenging. Financing may be needed to support the employment aspects of the practice. Signing bonuses for new employees, plus continued education, training, or hiring employment agencies, will all be priorities for growing practices. Financing may be the answer you need to grow your team.

Making Payroll

Payroll can be an issue for veterinarians because of clients’ inconsistency paying invoices in a timely fashion. Hiring new employees that need to be trained on the practice’s processes and other operational growth can also cause payroll issues that affect cash flow.

Types of Veterinary Practices We Serve:

  • Veterinary Hospitals
  • Animal Hospitals
  • Independent Veterinarians
  • Veterinary Practices

Apply For Your AdvancePoint Loan Today!