Physician Practice Loans
At MedTrust, we know how hard it is to operate a successful medical practice. And to be a success, you need a sound financial structure in place. That’s why we offer the most comprehensive financing options available in the marketplace. We can create a custom loan package that meets all your needs and allows your practice to thrive.
100% Medical Practice Loans
Unlike banks, MedTrust Capital doesn’t create “cookie cutter” loans. We take the time to thoroughly analyze the project, your needs, and your current financial situation, and then develop a sound financing solution that is right for you.
Our loans are available to physicians and loan funds are typically available in 45 days. MedTrust can help, whether you require money for cash flow, medical equipment financing, taxes or personal expenses such as divorce settlements, MedTrust can help.
Working Capital Loans for Doctors
Great news! We can now provide working capital loans of up to $2,000,000 for physicians.
Uses of a working capital loan typically include:
- Cash flow coverage during a seasonal downturn in business
- Hiring new employee(s)
- Divorce settlement
- Personal debt
Exact rates and terms vary based on several factors including as assets, income, and the need for the working capital. Other deciding factors include which type of medicine is practiced, the relative financial strength of the borrower and/or practice, and their credit history. The best program we offer has a variable rate ranging from Prime minus 1% up to Prime plus 2% with Interest-Only payments. Our other program rates run higher depending upon an applicant’s qualifications, and are fixed payments for 6 or 7 years. The payments can also be deferred for 90 days. Another benefit of the Working Capital program is that it can be used in conjunction with other financing on larger projects. Frequently, we will provide Real Estate financing or Equipment Leasing along with Working Capital loans for a project, which then allows for a zero down payment. Unlike other lenders in our industry, MedTrust Capital Group provides a financing package that is designed for the specific project, whether it’s one loan or a combination of loans.
Zero-Down Commercial Real Estate Loans
Unlike banks, we are able to provide flexible solutions that are specially-designed for your medical practice and the project you need funded. We understand the medical industry and are not bound by bureaucracy, strict guidelines, or low Loan-To-Value Ratios. Our zero-money down commercial estate loans are possible for physician practices occupying at least 51% of the building. Funds typically are available in 45 days.
What sets us apart from the banks and our competitors: Zero money down financing is possible; amounts from $5K to $20M; there are no call provisions or balloon payments.
Medical Practice Refinancing
MedTrust Capital Group has helped numerous physicians get out of debt and grow their business with our debt consolidation programs. The way we do this is through the creation of a properly structured loan, which can save your business thousands of dollars a month, while dramatically increasing cash flow. MedTrust will analyze your current loan structure, helping you to calculate whether or not it makes sense to refinance into one manageable payment. Adjustable-rate SBA loans can also be moved to fixed-rate loans Terms available for up to 15-years.
Starting a Medical Practice
If you are just starting your own practice, the need for financial assistance is great and can seem insurmountable. It’s not. That’s where we come in. MedTrust will assess your needs and determine what type of financing makes the most sense for you and your new practice. You can now have money for things such as equipment, furniture, supplies, marketing, and location.
You’ll have the choice of conventional, portfolio, SBA and non-traditional financing. And 25-30 year terms are available on real estate financing if you’re considering purchasing a building in conjunction with starting a new practice.
Buying a Medical Practice
If you have the chance of buying an existing medical practice, it can be a great investment. But the costs of a buying a built-in staff, patient-base and equipment can make for a considerably more expensive venture. MedTrust can help you to garner the necessary financing to make the transition to your new practice a seamless one. We have terms of up to 15 years and can hold an approval for up to one year while the final details are worked out with the former owner.
Medical Practice Expansion, Remodel, and Relocation Loans
Whether you have one office location and are looking to another, or you have 7 and want to add five more, MedTrust can help you secure the financing to need to grow. Financing is even available for physicians looking to remodel their current location and those looking relocate to a more fitting location. Rates and terms vary depending on the size and scope of the loan, but 100% financing is possible.
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