Funding for Medical & Dental Practices
Practices with solid credit qualify for Broadway's lowest-rate term loans, and equipment financing covers chairs, imaging, and lab gear with the equipment itself as collateral.
You did the procedure weeks ago; the reimbursement is still working its way through someone's queue. Meanwhile the practice runs on schedule — staff, rent, supplies, the imaging upgrade that would pay for itself if you could just get it installed. Banks like medical practices but move at bank speed, and a four-month approval does not help with this quarter's gap. Broadway works differently: one short form, three months of bank statements, a soft credit pull that will not ding your score, and a same-day decision. Strong-credit practices get our lowest rates on term loans up to $5M; everyone gets an answer fast.
The challenge
Insurance reimbursements crawl in 30 to 90 days behind the work, while equipment runs six figures and payroll is due twice a month. Even strong practices hit cash gaps banks take months to solve.
How Broadway Advance helps
Practices with solid credit qualify for Broadway's lowest-rate term loans, and equipment financing covers chairs, imaging, and lab gear with the equipment itself as collateral.
What owners use it for
- Buy imaging, chairside, and lab equipment
- Acquire a practice or buy into a partnership
- Build out a new operatory or exam room
- Bridge insurance reimbursement gaps
- Hire associates, hygienists, and front-office staff
- Upgrade EHR, scheduling, and billing systems
See your real number in about five minutes.
Apply nowFunding options that fit medical & dental practices
Term Loan
The lowest rates and longest terms, with predictable monthly payments.
Up to $5,000,000 →Equipment Financing
Buy the equipment you need; the equipment itself secures the deal.
Up to 100% of equipment cost →Business Line of Credit
A revolving cash reserve you only pay for when you draw on it.
Flexible limits →Medical & Dental Practices funding questions
Can I finance a practice acquisition through Broadway?
Yes. Practice acquisitions and partner buy-ins are a natural fit for a term loan — up to $5M on 3, 5, or 7-year terms, with our lowest rates going to borrowers with good credit, which most practitioners have. Because we broker across 25+ funders, we can shop the deal rather than give you one bank's take-it-or-leave-it answer. Start with the one-page application and three months of bank statements; the decision comes the same day.
Is it smarter to finance imaging equipment or pay cash?
Usually finance it. Equipment financing covers up to 100% of the cost with the machine itself as collateral, which means your cash reserves stay liquid for payroll and the reimbursement gap — the things you cannot collateralize. A CBCT or digital imaging suite starts earning from the day it is installed, so spreading the cost against the revenue it generates is just sensible matching. We will price it so you can compare against writing the check.
Reimbursements are slow but my production is strong — what fits that gap?
A business line of credit, most likely. It sits there at no cost until you draw, you pull only what the gap requires, and you pay interest only on what you use — then it resets when the reimbursements land. That is cheaper and more flexible than taking a lump-sum advance for a recurring timing problem. If the gap is one-time and urgent, an MCA can fund in as little as 24 hours; we will tell you honestly which one your situation calls for.