Simply Approved Corporation

Medical & Dental Practices business loans

Medical and dental practices get equipment financing for chairs, imaging, and operatories, plus working capital for payroll and AR gaps — with healthcare-friendly underwriting.

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Industry overview

Medical and dental practices are among the most bankable small businesses in America — high credentialed-professional incomes, sticky patient bases, and predictable insurance receivables. The CDC's National Center for Health Statistics counts more than 200,000 dentists and 1 million+ active physicians in the US.

But operationally, practices face two cash crunches: imaging/operatory equipment that runs $40k–$500k+ per unit, and insurance AR that ages 45–90 days. Equipment financing solves the first; lines of credit and SBA loans solve the second.

Practice acquisitions are the third common need. SBA 7(a) loans up to $5M with 10-year terms are the workhorse — standard 10% down, full doctor goodwill financed.

Common funding needs

  • Imaging and operatory equipment
  • Insurance AR delays
  • Practice acquisitions
  • Buildouts and renovations

Practices fund equipment, acquisitions, and AR gaps with SBA, equipment, and working capital financing.

Pros

  • Healthcare-friendly underwriting — credentialed-professional discounts on rate
  • Equipment financing up to 100% with terms up to 7 years
  • SBA 7(a) up to $5M for acquisitions at 10% down
  • Lines of credit smooth insurance AR gaps with low effective cost

Cons

  • SBA timelines (45–75 days) don't fit urgent cash needs
  • Medical equipment depreciates fast — match financing term to useful life
  • Personal guarantee required on virtually all healthcare lending

Common mistakes to avoid

Buying chairs and imaging on a single short-term loan

Match each asset to a term: chairs and units (5–7 years), imaging (5 years), build-out (10–15 years on real estate, 7 years on FF&E). Mismatched terms drain cash.

Underestimating goodwill in an acquisition

Practice goodwill is real and financeable. Don't try to over-discount it; SBA underwriters know fair-market multiples and will reprice.

Skipping a practice valuation pre-LOI

Always have a third-party valuation before signing an LOI. It anchors the bank conversation and protects you from overpaying.

Real-world scenarios

$95k dental CBCT scanner

A 2-doctor practice financed a Carestream CBCT at 100% with a 60-month equipment loan, paid back from incremental implant case revenue.

$1.4M dental practice acquisition

An associate dentist bought out a retiring partner via an SBA 7(a) — $140k down, $1.26M financed, 10-year term, 11.0% rate.

Illustrative scenarios based on common deal structures. Actual terms vary by underwriting.

Lead-gen pre-check

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Underwriting disclaimer: The eligibility checker is a self-reported pre-qualification tool. It does not constitute an offer of credit or a guarantee of approval. Every funded file goes through full underwriting — including bank statement analysis, business verification, and a credit inquiry whose type (soft or hard) is disclosed before you sign. Final terms, rates, and amounts depend on underwriting and the specific lender or program.

Business funding in as little as 24 hours

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Free to apply. No upfront fees. Available to qualified applicants with a complete file; timing varies by funding provider.

Top states for medical & dental practices

All states & provinces — medical & dental practices

Industry-specific medical & dental practices financing pages for every state and province we fund.

Medical & Dental Practices in New York · NYMedical & Dental Practices in California · CAMedical & Dental Practices in Texas · TXMedical & Dental Practices in Florida · FLMedical & Dental Practices in Illinois · ILMedical & Dental Practices in Georgia · GAMedical & Dental Practices in New Jersey · NJMedical & Dental Practices in Pennsylvania · PAMedical & Dental Practices in Ohio · OHMedical & Dental Practices in Arizona · AZMedical & Dental Practices in Massachusetts · MAMedical & Dental Practices in Washington · WAMedical & Dental Practices in Michigan · MIMedical & Dental Practices in North Carolina · NCMedical & Dental Practices in Virginia · VAMedical & Dental Practices in Colorado · COMedical & Dental Practices in Nevada · NVMedical & Dental Practices in Tennessee · TNMedical & Dental Practices in Oregon · ORMedical & Dental Practices in Indiana · INMedical & Dental Practices in Minnesota · MNMedical & Dental Practices in Missouri · MOMedical & Dental Practices in Louisiana · LAMedical & Dental Practices in Alabama · ALMedical & Dental Practices in Alaska · AKMedical & Dental Practices in Arkansas · ARMedical & Dental Practices in Connecticut · CTMedical & Dental Practices in Delaware · DEMedical & Dental Practices in District of Columbia · DCMedical & Dental Practices in Hawaii · HIMedical & Dental Practices in Idaho · IDMedical & Dental Practices in Iowa · IAMedical & Dental Practices in Kansas · KSMedical & Dental Practices in Kentucky · KYMedical & Dental Practices in Maine · MEMedical & Dental Practices in Maryland · MDMedical & Dental Practices in Mississippi · MSMedical & Dental Practices in Montana · MTMedical & Dental Practices in Nebraska · NEMedical & Dental Practices in New Hampshire · NHMedical & Dental Practices in New Mexico · NMMedical & Dental Practices in North Dakota · NDMedical & Dental Practices in Oklahoma · OKMedical & Dental Practices in Rhode Island · RIMedical & Dental Practices in South Carolina · SCMedical & Dental Practices in South Dakota · SDMedical & Dental Practices in Utah · UTMedical & Dental Practices in Vermont · VTMedical & Dental Practices in West Virginia · WVMedical & Dental Practices in Wisconsin · WIMedical & Dental Practices in Wyoming · WYMedical & Dental Practices in Ontario · ONMedical & Dental Practices in Quebec · QCMedical & Dental Practices in British Columbia · BCMedical & Dental Practices in Alberta · ABMedical & Dental Practices in Manitoba · MBMedical & Dental Practices in Saskatchewan · SKMedical & Dental Practices in Nova Scotia · NSMedical & Dental Practices in New Brunswick · NBMedical & Dental Practices in Newfoundland and Labrador · NLMedical & Dental Practices in Prince Edward Island · PEMedical & Dental Practices in Yukon · YTMedical & Dental Practices in Northwest Territories · NTMedical & Dental Practices in Nunavut · NU

FAQs — Medical & Dental Practices

Equipment financing is available with FICO down to 600 in most cases — sometimes lower with strong revenue and a meaningful down payment.

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Get funded in as little as 24 hours

$5,000 to $25,000,000. Free pre-qualification. No upfront fees. Same-day decisions for clean files.

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