How we picked
Filtered to lenders with healthcare-practitioner specialty programs. Ranked by professional-specific underwriting depth, APR competitiveness, and practice-acquisition track record.
Top picks at a glance
| Lender | Best for | Amount | Speed | Min credit | Action |
|---|---|---|---|---|---|
| Bankers Healthcare Group (BHG) | Best for established practices (24+ months, 700+ credit) | $20,000 – $500,000+ | Funding in 3 – 7 business days | 700+ typical for best terms | Apply → |
| Lendeavor (Provide) | Best for dental/vet acquisition | $25,000 – $5,000,000 | Funding in 5 – 20 days | 650+ | Apply → |
| Live Oak Bank | Best SBA option for medical practices | $25,000 – $25,000,000+ | 30 – 90 days underwriting (SBA standard) | 680+ typical | Apply → |
| Newtek Small Business Finance | Best multi-product for medical (SBA + alt-fin) | $25,000 – $15,000,000 | SBA 30 – 60 days; alternative products 1 – 7 days | 650+ | Apply → |
| Credibly | Best fast working capital for medical (non-practice purchase) | $5K – $600K | As fast as 4 hours | 550+ | Apply → |
Advertiser disclosure: Fundnode may earn referral fees from funders listed on this page when you apply through us. This does not affect editorial rankings — see our methodology.
Detailed reviews — our 5 picks
#1 · Best for established practices (24+ months, 700+ credit)
Bankers Healthcare Group (BHG)
Max amount
$500,000+
Cost
Term loan APR 12 – 22%
Speed
Funding in 3 – 7 business days
Min credit
700+ typical for best terms
Why we picked it
Specialized in MD, DDS, DVM, PA, pharmacist financing. $20B+ in healthcare funding. APR 12-22% for term loans — competitive vs generalist alternatives. Up to $500K unsecured.
The strength
Specialized in healthcare practitioners — MDs, dentists, veterinarians, PAs, pharmacists. Faster underwriting than SBA with practice-specific risk models. Unsecured options available up to $500K. $20B+ in funding across healthcare professionals.
The watch-out
Healthcare-only — not for other industries. Best rates require excellent credit (700+). Sales process can be aggressive — multiple follow-up calls common.
Qualifications
24 months
$15,000+
700+ typical for best terms
#2 · Best for dental/vet acquisition
Lendeavor (Provide)
Max amount
$5,000,000
Cost
APR 6 – 14% (practice acquisition)
Speed
Funding in 5 – 20 days
Min credit
650+
Why we picked it
Specialized in dental and veterinary practice acquisition. APR 6-14% for acquisitions vs higher generalist rates. Doctor-specific underwriting accelerates decision vs SBA.
The strength
Specialized in dental and veterinary practice financing — practice acquisition, equipment, working capital, real estate. Now operating as 'Provide.' Doctor-specific underwriting models. Faster than SBA for similar use cases.
The watch-out
Dental/vet-only — not for other healthcare verticals. Best terms require professional credentials (DDS, DMD, DVM) and clean credit.
Qualifications
12 months
$10,000+
650+
#3 · Best SBA option for medical practices
Live Oak Bank
Max amount
$25,000,000+
Cost
SBA 7(a) APR prime + 2.75% to 4.75%
Speed
30 – 90 days underwriting (SBA standard)
Min credit
680+ typical
Why we picked it
#1 SBA 7(a) lender with deep healthcare specialty teams. Up to $25M for major practice acquisitions. SBA rates (prime + 2.75-4.75%) dramatically cheaper than alternatives.
The strength
Largest SBA 7(a) lender in the US by dollar volume for 7+ consecutive years. Industry-specialty teams (veterinary, dental, funeral homes, self-storage, agriculture, hotels). Deep understanding of niche-vertical underwriting. Dramatically cheaper than MCA for qualifying merchants.
The watch-out
Long underwriting timeline (45-90 days typical). Requires strong credit (680+), 2+ years operating, clean financials. Industries outside their specialty get less attention.
Qualifications
24 months
$20,000+
680+ typical
#4 · Best multi-product for medical (SBA + alt-fin)
Newtek Small Business Finance
Max amount
$15,000,000
Cost
SBA 7(a) APR prime + 2.75% to 4.75%
Speed
SBA 30 – 60 days; alternative products 1 – 7 days
Min credit
650+
Why we picked it
Top-3 non-bank SBA lender. Bundled SBA + alternative financing + payroll services for medical practices.
The strength
Top-3 SBA 7(a) non-bank lender. Bundled offering: SBA, alternative financing, payroll services, payment processing, web/IT services. One-stop for established merchants. Now bank-affiliated via Newtek Bank.
The watch-out
Cross-sell pressure on bundled services. SBA process still 30-60 days minimum. Alternative financing arm pricing not always the most competitive.
Qualifications
24 months
$15,000+
650+
#5 · Best fast working capital for medical (non-practice purchase)
Credibly
Max amount
$600K
Cost
Factor 1.11+ (MCA)
Speed
As fast as 4 hours
Min credit
550+
Why we picked it
For working capital not tied to practice acquisition (equipment, payroll bridge, marketing). 6+ months TIB acceptable. Faster than healthcare-specialty options.
The strength
March 2026 API V2 + Cloudsquare integration — most modern submission UX in MCA. $3B+ deployed, 60K+ SMBs. Publishes factor rates honestly (starting 1.11 for A-paper).
The watch-out
The 1.11 headline is the A-paper floor; average factor is closer to 1.32. ISO commission terms aren't public.
Qualifications
6 months
$15,000
550+
Frequently asked questions
- What's the best loan for buying a dental practice?
- Lendeavor (now Provide) for fast dental-specific underwriting; Live Oak Bank SBA 7(a) for lowest APR if you can wait 60-90 days. Typical dental acquisitions $500K-$2M financed at 6-12% APR with these specialists vs 15-25% with generalists.
- Can I get a loan with a new dental degree?
- Yes — Lendeavor and BHG both specialize in newly-licensed dentists with limited practice history. Personal credit + degree matter more than business credit at this stage. Typical first-loan: $50K-$250K for equipment + working capital.
- How does veterinary practice financing differ from medical?
- Same lenders (Lendeavor, BHG, Live Oak) cover vet. Underwriting is similar — DVM credential, practice projection, equipment list. Veterinary specialty equipment (surgical, imaging) often financed separately via Currency Capital or Beacon Funding.
- What's the typical timeline for medical practice financing?
- BHG: 3-7 business days. Lendeavor: 5-20 days. Live Oak SBA: 60-90 days. SBA wait is worth it for the APR savings on acquisitions $250K+.
Related reading
Methodology
How we chose
Ranking criteria
- Use-case fit — funder must qualify the merchant profile this page targets (credit, time-in-business, revenue, industry).
- Pricing transparency — published factor-rate or APR-equivalent disclosure outweighs marketing-only quotes.
- Speed-to-fund — verified time from signed contract to ACH deposit, not 'as fast as' marketing claims.
- Contract terms — daily/weekly debit structure, prepayment treatment, COJ / personal guarantee posture.
- Customer-experience signals — BBB profile, Trustpilot, ISO chatter, and direct merchant feedback collected via Fundnode applications.
Sources consulted
- Funder-published rate cards, contract templates, and disclosure pages (refreshed quarterly).
- Public regulatory filings — California DFPI commercial-financing disclosures, New York commercial-financing disclosure law filings.
- Direct merchant feedback collected through Fundnode's /qualify funnel (n > 200 since 2026-01).
- ISO desk operator interviews — anonymized commentary on approval patterns and stipulations.
Update cadence
Reviewed quarterly. Last updated 2026-06-24.
Conflict of interest
Fundnode may earn referral fees from funders listed on this page when merchants apply through us. Rankings are editorial and independent of fee economics — funders cannot pay for placement.