Accessing the Necessary Capital for Medical Real Estate Loans
Purchasing real estate for your medical practice is a big step—but one that can significantly boost your long-term stability and equity. Whether you’re a dentist opening a second office, a chiropractor expanding to a larger space, or a physician launching a new urgent care center, securing the right financing is essential. Here’s how you can […]
Is an SBA Loan Right for Your Practice?
Securing the right financing is one of the most important steps in building, expanding, or upgrading a healthcare practice. Whether you’re a dentist, dermatologist, chiropractor, or med spa owner, the decision to apply for a loan is a strategic one. Small Business Administration (SBA) loans are one of the most trusted and cost-effective financing options […]
How SBA Loans Can Work for Medical Equipment Purchases
Medical equipment is one of the most significant investments for healthcare providers. Fortunately, Small Business Administration (SBA) loans offer an affordable financing solution for acquiring the equipment needed to provide quality patient care. Here’s how SBA loans can help medical professionals finance equipment purchases. What Is an SBA Loan? SBA loans are government-backed loans designed […]
Medical Equipment Leasing vs. Buying: Which Option Is Best for Your Practice?
Investing in medical equipment is a significant financial decision for any healthcare practice. Whether you’re changing technology, upgrading outdated machines, or starting a new practice, deciding whether to lease or buy medical equipment can impact your practice’s cash flow, tax benefits, and long-term financial stability. The Case for Leasing Medical Equipment Leasing allows healthcare providers […]
Getting Up to Speed on the Ins and Outs of Physician Practice Loans
Starting or expanding a medical practice requires significant financial investment, and physician practice loans are a crucial tool for healthcare professionals looking to secure funding. Whether you are starting off purchasing an existing practice, establishing a new one, or investing in equipment and real estate, understanding how these loans work can help you make informed […]
Managing Debt to Ensure the Success of Your Medical Practice
Managing a successful medical practice often involves taking on debt, whether to finance the purchase of the practice, upgrade equipment, or expand services. While debt is a common tool for growth, managing it effectively is important for maintaining financial health and ensuring long-term success. Here are key strategies to manage debt and keep your practice […]
Happy New Year 2025 from ProMed!
Cheers to new beginnings and endless possibilities! May this New Year bring joy, health, and prosperity to you and your loved ones. Here’s to making 2024 the best year yet! 🥂✨ – With warm wishes, ProMed Financial Inc.
Optometry Practice Available in Orange County!
View this post on Instagram A post shared by Financing & Practice Sales (@promedfinancial) Looking to invest in a thriving optometry practice? This Orange County opportunity offers a solid foundation with an asking price of $275,000 and gross revenue of $361,195. Whether you’re an experienced optometrist ready to expand or an entrepreneur seeking a rewarding […]
Financial Planning and Budgeting When Buying a Medical Practice
Purchasing a medical practice is a significant investment that benefits from meticulous financial planning and budgeting. From securing financing to estimating operational costs, having a clear plan ensures your purchase is a smart, sustainable business decision. Assess the Purchase Price and Related Costs The first step in financial planning is understanding the total cost of […]
Your Med Spa Financing Checklist
Opening a med spa is an exciting opportunity, but securing the right financing is important in order to help ensure your success. Whether you’re starting from scratch or buying an existing med spa, having a clear financing plan is essential. Use this comprehensive checklist to guide you through the process, including how SBA loans can […]