A medical loan or funding gives hospitals and other medical centers the support to upgrade equipment and technology, allowing them to provide advanced care. Review your options today.
We understand that small businesses are the backbone of our economy. Your aspirations, challenges, and dreams drive us to be the leading force in providing tailored financial solutions to propel your business forward.
With a track record of empowering small businesses across diverse industries, Expansion Capital Group brings a wealth of experience to the table. Our team of financial advisors are dedicated to understanding the unique needs of your business.
small businesses who have received funding from us
in funded dollars to small businesses
decision usually provided when applying for funding
Implement electronic health records (EHR) systems for better patient management. Incorporate telemedicine tech to enhance remote patient care.
Expand existing facilities to accommodate a growing patient base. Renovate and improve the infrastructure of medical offices or clinics.
Acquire new medical equipment or upgrade existing machinery to provide better patient care. Invest in state-of-the-art technology to enhance services and diagnostic capabilities.
Fund research projects or clinical trials and support the development of new medical procedures or treatments.
Medical practice loans or financing can be utilized to purchase newer equipment, to hire staff, to refurbish office space, or to “bridge” Medicare or Medicaid reimbursements.
Minimum requirements operating at least six months and at least $8,000 a month in revenue; additional underwriting criteria will apply.
You can apply with ECG on our website or call to speak directly to one of our funding specialists.
To begin the process, all you need to do is complete the application. Depending on what our advisors believe may be available, additional documents could include 3 or 6 months of bank statements, your driver’s license, and business and/or personal tax returns. Our representatives will work with you to determine the funding need and what additional documentation may be required to close your financing options.
Over ECG’s 10+ year history, financing has been provided to medical equipment companies, veterinary practices, chiropractors, home healthcare businesses, and medical and dental offices.
Equipment purchases are a common use of medical practice loans or funding. From diagnostic machines to examination tools, state-of-the-art equipment is crucial for quality patient care. Fundings allow practices to invest in advanced technology, improving efficiency and accuracy in diagnosis and treatment.
Marketing and patient outreach efforts are also funded through medical practice loans or funding. Investing in advertising, website development, and community outreach programs helps practices attract new patients and retain existing ones. Building a strong brand presence and reputation is essential for competing in the healthcare market, and loans or fundings provide the necessary funds and rates to invest in these initiatives.
Explore more ideas and resources by viewing our blog.