SBA 7(a) Loans for Medical Practitioners

If you are a medical practitioner, you may be eligible for up to 90% financing through SBA 7(a) loans at Embassy National Bank. At Embassy, we recognize the difficulties that medical practitioners have, and what differentiates their business model from a physician. We are experts in medical practice financing with SBA 7(a) loans. You can use this financial tool for:

  • Refinancing debt
  • Purchasing equipment
  • Purchasing an existing medical practice
  • Partner buyouts
  • Constructing a new building
  • Making property improvements
  • Equity loans for practices
  • Working capital

Who Qualifies for the SBA 7(a) Loan?

The SBA 7(a) loan is designed for medical practices and medical practitioners, such as:

  • Independent pharmacists
  • Veterinarians
  • Optometrists
  • Ophthalmologists
  • Dentists
  • Other medical practitioners

Whether you are opening a new practice, expanding, renovating, or moving, an SBA 7(a) loan is one of the most convenient ways to execute your plans. Contact the experts at Embassy National Bank to see if you qualify.

Advantages of SBA 7(a) Loans

Since medical practitioners are an asset to any community, Embassy National Bank actively assists practitioners in qualifying for the SBA 7(a) loan. Existing medical practices with sufficient financial records may be eligible for up to 90% financing. This exclusive financial solution also offers 80% equipment leasing and financing options for new doctors who are just starting out. In addition, there are a long list of benefits for SBA 7(a) loans, including:

  • Lower payments on certain qualifying purchases
  • Flexible prepayment penalties
  • Longer amortization period, which leads to lower monthly payments
  • Seller financing can be used to supplement a down payment
  • Available construction money for new practices

At Embassy National Bank, we have dedicated financial specialists with significant experience in processing SBA 7(a) loans. Our professionals understand the timeliness involved with these types of real estate and business purchases or acquisitions. As a result, we are able to expedite the process for a speedy, quick closing.

Contact Embassy National Bank

Contact an SBA 7(a) loan expert at Embassy National Bank to apply for medical practice financing. Our loans are tailored to your needs and our team of financial experts will guide you through the process.

To apply for an SBA 7(a) loan for your medical practice, contact Embassy National Bank at 800-560-9883 or email sbalending@embassynationalbank.com.