Even in this current economic environment we are still providing solutions for both scenarios. If the start-up project is under 750k and you are expanding by adding an additional location, we are still offering our Conventional, non-SBA loan program with minimal capital injection. If the project exceeds 750k, we will utilize our SBA 7a or 504 loan program. However, depending on the size of the Start-Up project, it’s still easier to qualify for a loan with an existing practice generating a positive cash flow.
US Medical Funding
Frequently Asked Questions
Related FAQs
Does US Medical Funding offer a guarantee for their services?
Yes, we offer a 100% satisfaction guarantee. Please see our Smarter Guarantee and click on the tab located at the top of the page.
Which lending program is best for me?
Even in this current economic environment, we are still providing solutions for both scenarios. If the start-up project is under 750k we are still offering our Conventional, non-SBA loan program with minimal capital injection. If the project exceeds 750k, we will utilize our SBA 7a program. However, depending on the size of the Start-Up, it’s still easier to qualify for a loan on an existing practice generating a positive cash flow.
Even if I’ve built up a savings, do I need to contribute to the project?
In many situations, you will not have to contribute. Depending on the strength of the practice, the borrower’s creditworthiness, and the particular requirements, in many situations, USMF can still offer 100% financing. However, in some scenarios with real estate involved, you may need to contribute 5% – 10% of the total project amount.