Medical & Healthcare

Financing

Loans for Medical & Healthcare

And social services businesses

Get the funds you need for new medical equipment or working capital. We provide Small Business Loans that can help your healthcare company.

Businesses in the healthcare and social services industries rely on payments from insurance agencies for their revenue. This can mean a delay when receiving payments. A small business loan from Titan Group Consulting can keep you going.

We specialize in loan programs that include low-interest rates starting in single digits, attractive terms, and amounts from $20,000 to $5,000,000.

Find out more about the loan options we have for you

Start a free application today!

Or talk to one of our specialists about the loan options we have for you. 

Call us at (212) 220-7257 

We facilitate access to working capital to a wide range of medical businesses, from walk-in clinics to home health care services.

1 Simple application process

2. Fast approval, in as fast as 24 hours; credit score is not the only factor

3. Funding in as quick as 72 hours

We understand that as a healthcare professional, extra capital is needed to keep the office running.  We want to be your #1 solution when you need a healthcare business loan.

Our healthcare loans are for the following medical practices for medical office financing:

  • Chiropractors
  • Dentists
  • Oncologists
  • Dermatologists
  • Psychiatrist
  • Optometrists
  • Orthopedics
  • Orthodontists
  • Podiatrists
  • Gynecologists
  • General Practitioners

Small Business Loans Can Help Your Healthcare Company

Providing top-notch patient-centered care is the primary focus of many healthcare practices. However, the financial landscape for health practitioners has changed considerably over the last decade.

Previously, many traditional financing institutions such as banks offered extensions of credit to healthcare professionals without any hesitation. 

The problem with this mindset is that the amount of funding that banks have set aside for small businesses has been steadily decreasing. Additionally, the criteria for decision making has tightened up with newly added restrictions and the timeframe from application to approval remains lengthy.

Your healthcare practice is a business

It’s no secret that the cash flow of healthcare practices, whether it be medical, dental or veterinarian, is unpredictable and can be inconsistent. It can take weeks or months for your patients or insurers to submit payment, which is beyond your control. The timeframe between patient treatment and receipt of payment is referred to as your business cycle. And, the longer this cycle, the harder it is to manage your cash. With limited cash, can your business run efficiently and deal with unexpected emergencies, such as equipment failure?

Borrowing can improve the strength of your business

Each healthcare practice is unique, making it of significant importance that you choose the right loan type and the right lender to avoid borrowing in the wrong way. Unfortunately, it is true that many people in private practice aren’t aware of what types of small business loans are available, or which ones are the best for them.

At Titan Group Consulting, our lending professionals know the ins and outs of healthcare practice financing and we will work by your side to determine which loan product is best to fund your needs. You might choose between the following loan programs:

Your business will also have the benefit of unrestricted capital use. Your funds can be used for anything from payroll to marketing to inventory etc.

When is the best time to borrow?

Those outside the healthcare industry may not think healthcare businesses have busy or slow times of the year. After all, everyone needs care all year round, right?

In reality, there are certain types of healthcare practitioners and doctors whose patients seem to have a certain time of year where they are trying to squeeze in their routine visits. This rush of new and regular patient visits for dentists and doctors alike seems to happen in August because of the back-to-school rush.

August is the time of year that parents are trying to get their children seen before school starts and it almost seems chaotic as everyone is trying to get back on track after summer vacation.

Unfortunately, the August rush can put a strain on your healthcare business. You may need to hire additional temporary help, update your equipment, stock up on inventory, etc. to keep your office running smoothly.

With that said, one of the best times to start your small business loan search is before this big rush in August and September. A business loan can provide you with the necessary working capital to:

  • Cover any business-related expenses
  • Secure financing for inventory due to an increased patient influx
  • Pursue equipment financing
  • Secure funding to cover your growing payroll for temporary staff

Additionally, any time you are looking to grow your business is an appropriate time to find the right loan and lender. Growth equals success and unfortunately is unlikely to occur without an investment.

In conclusion, one thing is for sure, medical practice as a business has never been such a challenge. Your focus is on delivering the highest quality of care while dealing with slower insurance reimbursements, mandatory equipment, and technology upgrades and increased regulation. You deserve a lender that knows these challenges you face and can provide healthcare practice financing and medical office financing that is tailored to meet your specific needs.

At Titan Group Consulting, our financing programs are specifically designed to meet your unique needs and fit into your demanding schedule. Our loan programs are flexible and focused on speed and convenience to make your lending experience as seamless as possible.

» GET $150K + BUSINESS CREDIT FOR YOUR EIN #