Funding Eligibility Overview
Funding Options for Medical Doctors
Explore the eligibility criteria for SBA loans, lines of credit, and private equity loans tailored to medical professionals.
SBA Loans
SBA loans offer low-interest financing with flexible terms, ideal for practice expansion or equipment purchases. Eligibility requires a viable business plan and good credit history.
Lines of Credit
Lines of credit provide revolving funds to manage cash flow or unexpected expenses. Approval depends on creditworthiness and practice revenue stability.
Private Equity Loans
Private equity loans offer larger capital amounts with flexible repayment, suitable for partner buyouts or major practice investments. Eligibility often includes practice valuation and income verification.
Additional Funding Types
Term loans and practice refinance options support long-term growth and debt restructuring, with eligibility based on credit and practice performance.
Tailored Support for Doctors
Our funding solutions are designed to meet the unique financial needs of medical professionals, ensuring quick access to capital with clear eligibility guidelines.
Start Your Funding Application
Review your eligibility and connect with our team to secure the best funding option for your medical practice.
Dr. Emily R. secured a flexible line of credit to expand her family practice with ease.
Cardiologist Dr. James T. refinanced his practice to reduce monthly expenses and improve cash flow.
Dr. Sophia L. used private equity funding to launch her new specialty clinic successfully.
Funding Eligibility FAQs for Medical Doctors
What types of funding are available for medical doctors?
We offer SBA loans, lines of credit, term loans, private equity loans, practice refinancing, partner buyouts, and startup financing designed specifically for medical professionals.
Each funding type has distinct criteria and benefits, allowing doctors to select the option that best fits their financial needs and practice goals.
Who qualifies for SBA loans through Doctor Working Capital?
Eligible applicants must be licensed medical doctors with a viable practice or startup plan, demonstrating stable income and a good credit history.
SBA loans require documentation of practice ownership or partnership and proof of ability to repay the loan within the agreed terms.
Can new medical practices apply for funding?
Yes, startup financing is available for new medical practices with a solid business plan and projected revenue streams.
Applicants should provide detailed financial forecasts and demonstrate industry experience to improve approval chances.
What credit score is required to qualify for loans?
While requirements vary by loan type, a credit score of 650 or higher generally improves approval odds for most funding options.
We also consider overall financial health, including debt-to-income ratio and practice cash flow, alongside credit scores.
How quickly can funding be accessed after approval?
Doctor Working Capital provides same-day funding on most loans once all documentation is verified and approved.
This rapid funding process helps medical professionals address urgent financial needs without delay.