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Slide1: Best Medical Practice Business Loan Options in 2021<br><br>Slide 2: From financing new medical equipment to creating an inviting space, hiring top medical professionals, paying for employee training, and covering day-to-day expenses, you may need a medical practice business loan for a variety of reasons.<br><br>Slide 3: Term Loans<br><br>Best For: Those medical practitioners who need a big amount to buy necessary medical equipment.<br><br>Features:<br><br>Loan Amount - $500K<br><br>Repayment Terms - 3- 10 Years<br><br>Interest Rate - As low as 7%<br><br>Slide 4: SBA Loans<br><br>Best For Medical facilities that are looking for an affordable and flexible funding option to expand their business.<br><br>Features:<br><br>Loan Amount - $5M<br><br>Repayment Term - 5-25 years<br><br>Interest Rate - As low as 3%<br><br>Slide 5: Business Lines of Credit<br><br>Best For Medical professionals who need to upgrade equipment constantly.<br><br>Features:<br><br>Loan Amount - $500K<br><br>Repayment Term - Up to 2 years<br><br>Interest Rate - As low as 8%<br><br>Slide 6: Working Capital Loans<br><br>Best For Medical professional to cover day-to-day and other short-term business expenses<br><br>Features:<br><br>Loan Amount - $200K<br><br>Repayment Term - 1-5 years<br><br>Interest Rate - As low as 8
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From financing new medical equipment to creating an inviting space, hiring top medical professionals, paying for employee training, and covering day-to-day expenses, you may need a medical practice business loan for a variety of reasons.
Term Loans Those medical practitioners who need a big amount to buy necessary medical equipment.
Features Loan Amount - $500K Repayment Terms - 3- 10 Years Interest Rate - As low as 7%
Business Lines of Credit Best For Medical professionals who need to upgrade equipment constantly.
Features Loan Amount - $500K Repayment Term - Up to 2 years Interest Rate - As low as 8%
Working Capital Loans Best For Medical professional to cover day-to-day and other short-term business.
Features Loan Amount - $200K Repayment Term - 1-5 years Interest Rate - As low as 8
Thank You Source: Smansha Analytic Inc https://www.smansha.com/.