01Medical and dental practices
Funding for medical and dental.
Minimum average deposits
A practice earns the revenue on the day of treatment and receives much of it weeks later, from a payer rather than a patient. Almost everything that is distinctive about funding a practice follows from that delay.
02How the money arrives
What your statements actually show.
Underwriting reads your bank account, not your industry. Knowing how revenue reaches the account in this sector is what makes the difference between a file that is understood and one that is misread.
- Revenue shape
- Two streams. Patient payments arrive at the chair by card, immediately. Insurance reimbursement arrives as batched ACH from a handful of payers, typically weeks after treatment and sometimes after a claim has been resubmitted.
- How it reads to a funder
- Bimodal and, on the payer side, concentrated: a few large regular transfers from named insurers alongside a steady trickle of small card payments. It is a strong profile once understood, because payer deposits are among the most reliable receivables in any sector here.
- Seasonality
- Driven by benefit design rather than weather. Elective and restorative work clusters where deductibles have been met and annual maximums have not yet been used, which concentrates a meaningful share of the year into its final months. January is correspondingly quiet.
03What it funds
What the money is usually for.
Not a list of everything money can do. These are the things owners in this sector actually come to us for.
- Chairs, imaging and operatory equipment, which are expensive and long-lived
- Buildout of additional operatories or a second location
- Practice acquisition, or buying out a retiring partner
- Hiring and training ahead of expanded capacity
- Working capital across a slow start to the year
Amounts run from $15,000 to $20,000,000, sized against what the account takes in rather than against what the money is for.
04Strength
What strengthens the file here.
The general list is on the qualification page. These are the things that carry particular weight in this sector.
Reads well
- A stable payer mix, with reimbursement arriving on a recognisable cycle
- Patient card volume alongside the payer income, which shows the practice is not wholly dependent on one channel
- Clean claims history, since resubmissions lengthen the very lag the funding is bridging
- Equipment owned rather than leased, where asset-backed funding is being considered
05Friction
What complicates it.
None of these is an automatic no. Each one changes what is available, and each one is better raised by you at the start than found in the statements later.
The reimbursement lag, mistaken for slow trade
Revenue earned in one month appearing in the next reads as a decline to anyone unfamiliar with how practices are paid. It is a timing difference, and a production report alongside the statements settles it immediately.
Payer concentration
Where one insurer carries most of the reimbursement, a change in their terms or a delay in their processing moves the whole practice. Funders look at this the way they look at client concentration in construction.
Equipment that is leased rather than owned
A practice can be surrounded by expensive equipment and own very little of it. Leased assets cannot be pledged, which often makes cash-flow funding the realistic route rather than asset-backed.
A fact that arrives with an explanation is worked with. The same fact found in the statements is a surprise, and surprises cost you terms.
06Which product fits
Not every sector wants the same instrument.
We arrange four. These are the ones that tend to suit medical and dental, and why. Which one is right for you is decided on your file, not on your sector.
Quoted per file
Asset-backed capital
Owned clinical equipment is substantial, valuable security and supports larger amounts than the account alone.
How it worksRates published
Merchant cash advance
Works against the patient card stream and the regularity of payer deposits.
How it worksQuoted per file
Bridge financing
The usual shape for an acquisition or a partner buyout, where a specific completion repays it.
How it worksFind out where your file stands.
The application takes about fifteen minutes and asks for 3–6 months of business bank statements. If something on this page describes your business, say so at the start: it is the difference between a file that is read correctly and one that is read twice.