Medical Practice Financing Structure

As a Physician CPA, I understand the unique financial needs of physicians and their medical practices. Whether you’re still finishing your residency or you’re a partner in a fast-growing medical practice, you need flexible financing options to help you manage your personal and professional expenses. Physicians typically need financing for the following:

  • Practice sales & purchases
  • Starting a medical practice
  • Commercial real estate programs
  • Practice working capital funding
  • New equipment purchase
  • Technology acquisition
  • Home mortgage
  • Medical office financing
  • Leasehold improvement financing
  • Medical malpractice premium financing
  • Debt consolidation
  • Accounts receivable protection lending
  • Specialty financing for healthcare entities such as outpatient ambulatory surgical centers

There are a wide range of loans and lines of credit available to physicians. Typical loan features should include the following:

  • Fixed or variable-rate pricing
  • Generous repayment terms
  • Interest-only payment options
  • No application or origination fees, no prepayment penalties, no credit life insurance requirements and no hidden charges
  • Unsecured physician loans designed to meet the special credit needs of doctors still in training (in residency or a fellowship program) and those just starting to practice

 My medical practice financing services to physicians and their medical practices include the following:

  • Recommend a healthcare lender who understands physician practice and the healthcare industry
  • Preparation of forecasts and projections
  • Review of loan proposals
  • Negotiation with the lender
  • Loan restructuring
  • Review additional services provided by lender, including cash management, credit card account management, account management, and mobile services
  • Interface with lender during loan service period