Need a Small Business Loan
for Your Medical Practice?
Whether you're launching a new clinic, upgrading equipment, or expanding services, our medical practice loans give you the capital you need—without the bank headaches.
Getting a Business Loan for Your Medical Practice Has Never Been Easier
Apply in Minutes
Skip the paperwork and long approval times. With Finance Parrot, you can apply online in just a few clicks—anytime, from anywhere—even between patients.
Get a Decision Right Away
No more uncertainty. As soon as you apply, our system matches your medical or dental practice with the best funding options tailored to your needs.
Funding as Fast as Same Day
Need capital for new equipment, hiring staff, or expanding your clinic? We work with lenders who can deposit funds in as little as 24 hours.
Business Loans for Medical Professionals
Competitive Rates. Tailored Terms. Fast Approvals.
Business Line of Credit
Flexibility to borrow from a pool of funds. You only pay interest on money that you use.
Equipment Financing
Business loan to pay for new or used equipment like vehicles, machinery or technology.
SBA Loans
Business loans partially guaranteed by the U.S. Small Business Administration.
Merchant Cash Advance
Borrow money that repay via a percentage of your daily credit card sales.
Invoice Factoring
Get cash upfront in exchange for your unpaid invoices. Borrow up to 85% of invoice value.
Explore More Options
Discover all the business loan options that are available to you.
Recently Funded Medical Practices
We'll Help You Get the Right Loan
Get approved today and have money in your account within as little as 24 hours. No obligation — prequalify without affecting your credit!
Common Questions. Straight Answers.
What types of small business loans are best for medical practices?
Medical practices often benefit from:
Working capital loans for day-to-day operations like payroll, rent, and supplies.
Equipment financing to cover the cost of diagnostic tools, exam tables, and more.
SBA 7(a) loans for larger expenses like expanding your clinic or acquiring another practice.
Business lines of credit for flexible access to cash during slower billing cycles.
Each option can support different needs depending on your practice’s growth stage and cash flow.
Can I get approved if I’m a new practice owner?
Yes—you don’t need decades in business to qualify. Many alternative lenders work with newer medical professionals, especially those with strong credentials or a well-prepared business plan. We’ll help you connect with the right lenders for your situation.
How fast can I get funded?
Once your application is complete, some lenders can fund in as little as 24 to 72 hours. If your loan type requires more documentation (like SBA loans), the timeline may be a few weeks. Either way, we streamline the process for you.
Will applying affect my credit score?
When you apply through Finance Parrot, we often start with a soft credit pull—so there’s no impact on your credit score just for checking your options. Only when you’re ready to move forward with a lender will a hard inquiry be made.
What can I use the loan for?
Common use cases include:
Purchasing new medical equipment
Renovating or expanding your clinic
Hiring additional staff or specialists
Managing cash flow between insurance reimbursements
Covering startup or relocation costs
If it supports your practice’s growth or stability, there’s likely a loan option that fits.
Do I need collateral to get a loan?
Not always. While some loans (especially higher amounts) may require collateral, many options—including unsecured loans and lines of credit—do not. We’ll help you identify the least burdensome path based on your goals.
What documents will I need to apply?
Typically:
Proof of medical credentials or licensing
Recent tax returns and bank statements
Profit & loss statements (if available)
Business plan (especially for newer practices)
Don’t worry—we’ll walk you through exactly what’s needed based on the loan type.
Why should I apply through Finance Parrot instead of directly with a bank?
Banks can be slow, rigid, and often say no. At Finance Parrot, we match your practice with vetted alternative lenders who understand the healthcare space—so you can get funded faster, with fewer hurdles, and better terms.