If you’ve been waiting for the perfect time to get a veterinary, dental, healthcare practice or pharmacy loan, or other funding for your small healthcare business, you’re in luck! The Small Business Administration has waived the guarantee fees for small SBA loans, including those under $350K! If you have a startup, want to expand your pharmacy, or need money to fund your dental, optometry, or veterinary practice, this could be your chance to shine. What can you spend your money on that is better than guarantee fees? Keep reading to find out!
Paying Down Debt
If your monthly bills are breaking your budget, you likely have a little more debt than you can afford. How can a new loan solve your debt problem? By consolidating old debt into newer, lower-interest debt, you can save thousands. Even better, you can avoid late fees or credit dings by having the resources to pay your obligations promptly.
Finding the Best Employees
Human labor is in short supply these days, especially for healthcare and pharmacy professionals! Financing recruitment and training can be a challenge, but the SBA loan makes it much easier. Offer your new employees something the competition can’t, and finance it with an SBA loan.
Expanding Your Technology
Medical technology doesn’t just make your practice look good, it streamlines operations and ensures that you are working efficiently. Some technology opens up new revenue streams and services for your clients and patients, paying for itself over the years. This opportunity and decreased cost of funding could be your chance to stand out from the competition and bring in new business.
Ready to get a great deal on a SBA Loan? Act now and lock in savings when your guarantee fee is waived! Call US Medical Funding today to find the best rates on medical loans and the best guidance on medical financing solutions.