Medical Financing

Medical Financing

Medical financing is a hassle-free, flexible loan option exclusively designed for certified healthcare professionals.

Are you a healthcare professional looking for financing?

Don't need to own a practice

  • Money icon Amounts range from $20,000 to $500,000
  • Money icon Repayment terms up to 10 years
  • Money icon Funded within 3 days

MEDICAL FINANCING

You want to focus on your patients and their health. Let us focus on the funding to grow your practice.

What is medical financing?

With terms of up to 10 years, medical financing can help your practice acquire new equipment, improve your facilities and take advantage of new business opportunities.

The changes to the healthcare industry in the U.S. make it more critical than ever for medical practices to have appropriate access to capital. Lengthy reimbursement times can strain cash flow and medical professionals face increasing requirements to equip their practices with expensive, cutting-edge technology that may only be in service a few short years.

Medical professionals need financial professionals that understand their challenges and can meet them without disruptive demands for paperwork. That’s where Bizfi comes in.

How can I get medical financing?

Bizfi has streamlined the application process for all kinds of funding. Thanks to our sophisticated technology, we require very little documentation from applicants. You can apply for amounts from $20,000 to $500,000 with extended terms up to 10 years, and receive an approval in 24 hours. Funds will be in your bank in as little as 24 hours.

We have programs for various credit profiles, and you do not need to own your practice. There are no complicated collateral requirements and your funding will not appear on your personal credit report.

How can I use medical financing?

You have many options. You can use the proceeds for debt consolidation or simply improved cash flow. You can purchase new equipment–or expand your practice. You can put the money towards remodeling or marketing, which is increasingly important for practices whose services are not included in health coverage. You can even use the funding to build your emergency reserve.

Advantages


  • No need to pledge equipment as collateral
  • Terms up to 10 years
  • Flexible use of funds

Disadvantages


  • Higher interest rate if credit score is low
  • Could cause loan denial if credit is tied up