Conventional Practice Loans
Smarter Conventional Bank & Term Loans for Healthcare Practices
Our portfolio of Conventional Practice Loans is built to serve healthcare professionals — dentists, physicians, optometrists, pharmacists, veterinarians, and medical specialists. These conventional term loans cover short-, intermediate-, and long-term needs, enabling you to invest in growth, expansion, or stabilization.
What Are Conventional Practice Loans?
Conventional Practice Loans are private, non-SBA business loans structured for healthcare practices. They offer flexibility in term lengths, interest rates, amortization, and payment schedules. You can choose fixed or floating rate structures, interest-only periods, and graduated payment options to match your practice’s cash flows and growth stage.
Use Cases: When to Choose a Conventional Practice Loan
Our Conventional Practice Loans can support a wide variety of practice-level financing scenarios, such as:
-
Practice & Real Estate Acquisition — purchase an existing medical property or buy out partners
-
Practice Expansion & Construction — renovate, expand clinic space, or open new locations
-
Practice Relocation — move your facility or lease new premises
-
Refinancing & Debt Consolidation — reduce interest costs and simplify payment structure
-
Leasehold Improvements — fit-out, infrastructure upgrades, build-outs
-
New Practice Start-Up — launch a medical facility, office, or specialty clinic
-
Working Capital & Lines of Credit — manage operating expenses, payroll, receivables cycles
-
Equipment Financing & Leasing — purchase medical devices, imaging, lab equipment
Why Choose USMF’s Conventional Practice Loans?
When you partner with US Medical Funding, you gain access to a funding solution specialized for healthcare professionals. Some of the major benefits include:
-
Nationwide Coverage — available in all 50 states
-
Strong Terms — up to 25-year fixed rate terms
-
Competitive Rates — low fixed & variable interest rates starting at prime
-
Flexible Structure Options — interest-only periods, graduated repayment, customized amortization
-
No Prepayment Penalties (with selected plans) — pay off early if your cash flow allows
-
No Upfront Fees or Points (with selected offerings)
-
Minimal Financial Disclosure — streamlined documentation process
-
Low Down Payments / Up to 100% Financing available with qualifying deals
-
Large Loan Capacity — loan amounts up to $50,000,000 (or higher in special cases)
-
Quick Pre-Approval — often within 24 hours
-
Credit Thresholds — minimum credit scores starting at 650
We combine our deep expertise in healthcare financing with a personalized approach, acting as your trusted financing consultant throughout the loan process.
Interest Rates, Terms & Structure
-
Fixed vs Floating Rates: You can select a fixed interest rate for predictability or a floating rate if you favor flexibility.
-
Amortization & Term: Conventional loan terms can range from short- to long-term, with amortization schedules tailored to your cash flow.
-
Interest-Only & Graduated Plans: Ideal for transitions, start-ups, or expansion phases.
-
Payment Schedules: Standard monthly payments, though alternate schedules may be accommodated to align with revenue cycles.
How the Application Process Works
-
Initial Consultation – We’ll discuss your goals, financials, and desired loan structure.
-
Pre-Approval – In many cases, we can pre-approve within 24 hours, subject to credit and background checks.
-
Documentation & Underwriting – We’ll guide you through submitting financial statements, projections, appraisals, etc.
-
Offer Proposal & Terms – We’ll present a tailored financing package based on your profile.
-
Closing & Disbursement – Funds are released according to your project needs, and you begin repayment under the agreed schedule.
-
Ongoing Support – We remain available to advise, adapt term structure, or scale financing as your practice evolves.
FAQs & Considerations
-
Will my loan have a prepayment penalty? Some of our plans carry no prepayment penalty, giving you flexibility to repay early.
-
Do I need perfect credit? We typically require a minimum credit score of 650, though other mitigating factors are considered.
-
Can I finance 100% of my project? Qualified borrowers may receive up to 100% financing, depending on the deal.
-
What’s the maximum loan amount? We routinely support loans up to $50 million for qualified practices.
-
What financial documents are needed? We require standard healthcare practice financials, tax returns, projections, and potentially property appraisals depending on the transaction.