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.
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.
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.
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.
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.
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.