Medical Business Loans

Prepare for your medical practice’s future with flexible, government-guaranteed financing options from Madison One CUSO.

Unlock Your Practice’s Potential With a Physician Business Loan

Starting a medical practice, growing a loyal patient base, and expanding your operations requires years of hard work—and a significant amount of capital. However, physicians are often denied for medical business loans due to student loan debt and a lack of assets.

At Madison One CUSO, we don’t approve or deny borrowers based on the strength of their balance sheet. If you may be eligible for a Small Business Administration or United States Department of Agriculture loan, our team will pursue funding opportunities for your business.

Benefits of a Madison One CUSO loan include:

Flexible collateral requirements, enabling you to get funding with minimal assets
No restrictive covenants, so you can use your loan the way you envisioned
Low equity injection, allowing you to put less down than conventional loans
High loan amounts and extended loan terms, so you don’t have to settle for a loan that limits your cash flow

SBA 7(a) Business Loans for Medical Practices

If you can’t afford to put down a significant percentage of your overall loan amount, an SBA 7(a) loan is the ideal option for your practice. Borrowers can often obtain the SBA funding they need while only supplying 10% of the total loan amount with no collateral.

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USDA B&I Business Loans for Medical Practices

Large medical practices or healthcare facilities in rural areas may need larger loan amounts than the SBA 7(a) program offers. The USDA Business and Industry (B&I) loan program provides up to $25 million for rural organizations with low interest rates and competitive terms.

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Learn if You’re a Good Candidate For a Medical Business Loan

Are you struggling to find a medical business loan for your startup, acquisition, or practice improvement project? In a 15-minute phone call, our team can determine if you qualify for a government-guaranteed loan and begin outlining your options.

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Applications For Government-Guaranteed Medical Business Loans

At Madison One CUSO, our team has worked with dozens of medical borrowers who needed funding for various reasons. Here are some of the most common uses of our SBA and USDA loans.

Medical Practice Startup Financing

Most medical school graduates don’t have millions to spend on an office, a team of professionals, and high-tech medical equipment. With an SBA 7(a) loan, you can obtain up to $5 million to get your new practice off the ground.

Equipment Financing

The medical equipment of 20 years ago isn’t capable of keeping up with today’s demands. If you’re in need of an upgrade, Madison One CUSO can help you obtain an equipment financing loan with reasonable, amortized monthly payments.

Need a Loan for a Different Purpose?

Madison One CUSO can provide a medical business loan for nearly any project, from renovating your office to purchasing a new building. Explore our loan types to discover how flexible and affordable our government loan programs can be.

Loan Types We Offer

Debt Consolidation

Over time, any medical practices end up with several separate loans that limit their monthly cash flow. Madison One CUSO can help you consolidate your debt into predictable and realistic monthly payments over a long period of time.

Business Acquisitions

After many years of service to their practice, some medical professionals earn the opportunity to acquire the company. Madison One CUSO can help you push the deal forward, even if you have substantial debt and a lack of resources.

Working Capital

During times of patient turnover or wage increases, it can be challenging to keep up with your day-to-day expenses. A USDA or SBA loan can help you cover critical costs while you focus on restabilizing your existing practice.

Get Hands-On Guidance from a Top Medical Business Loan Lender

Government-guaranteed loans offer an alternative funding option to businesses in need, but that doesn’t mean they’re easy to get. If your business plan isn’t buttoned up or you forget to submit one of several necessary documents with your loan application, you can lose out on financing opportunities you’re entitled to.

As a top USDA and SBA lender with extensive experience structuring and closing loans, Madison One CUSO ensures all your bases are covered during the medical business loan application process. We can work with rural and small business owners across locations and industries, and our credit union members are capable of offering higher loan amounts than other companies. From our initial phone call to the day we close your loan, our team is always available to provide support and personalized recommendations for your business.