Doctors typically have a stable income and a high-earning potential, so loans for medical practices are a relatively safe bet. As already discussed, medical practice loans are specifically designed for doctors, dentists and other healthcare professionals. Submitting your information The cons you might consider are: As a physician, your strengths and passion might not be in running a business. This is not a guaranteed offer of credit. Term loans Term loans offer a lump sum of capital upfront, typically at a fixed interest rate. As a medical professional, you know the importance of regular checkups to help keep patients healthy and detect any issues before they become major problems. This application submitted electronically shall have more info same force and effect as if the application bore an inked original signature s. Medical practice loans can also come with more generous borrowing limits compared to other business loan options. You understand that such investigation may include seeking information as to the background, credit, and financial responsibility of your officers and principals or any of them. If the borrower pays the loan early, the interest guarantee would require the borrower to make up the difference. You can apply online at the DEA website. The underwriting process at traditional banks can be lengthy, confusing, and business loans doctor license. By clicking "Submit" and including your business loans doctor license address in this application you hereby agree that you please click for source receive occasional electronic mail messages business loans doctor license from us regarding the status of your account, eligibility for renewal or promotions offered by us and our affiliates. I acknowledge that this consent may be removed at my business loans doctor license but that until such consent is revoked, I may receive text or multimedia messages from National Funding, Inc to my wireless phone number. Equipment can be one of the largest expenses associated with running a medical practice.