PRESENTS. Top 5 Financing Options for Medical Professionals

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1 PRESENTS Top 5 Financing Options for Medical Professionals

2 TABLE OF CONTENTS Financing Options for Doctors 3 Unsecured Business Loans 4 Equipment Leasing & Financing 5 Business Line of Credit 6 Commercial Mortgage Financing 7 SBA Loan 8 Bonus Material 9 2

3 Financing Options for Doctors National Business Capital offers specialized physician loans for all medical professionals including dentists, pharmaceutical professionals, veterinarians, chiropractors, optometrists, home health care professionals, primary care physicians, specialists and more. Doctors use our financing options to expand their practice, upgrade or purchase medical equipment and software, or to obtain working capital when dealing with cash flow issues due to slow insurance payments. National Business Capital offers loans for doctors whether the business or practice is a twoperson LLC or a sprawling enterprise. Choosing National Business Capital as your lender means you will gain the benefit of zero upfront fees, approval within 24 hours and funding within just days regardless of your credit history. Finding the ideal financing company to back your practice is crucial. Whether you re looking to expand, renovate, or purchase new equipment for your location, National Business Capital offers small, medium, and large-sized medical practices financing nationwide. Our specialized team of business consultants will work with you to find the right financing option that fits your specific needs. 3

4 Unsecured Business Loans Unlike traditional loans, Unsecured Business Loans come with no restrictions on how funds are used. Many business owners have used this financing option as it is a fast and an effective solution to meet their financial needs. Business financing approvals are NOT just based on your personal credit. You may still qualify for this type of financing even if you have open tax liens. Some of the main features of Unsecured Business Loans are set payments, set terms, approvals within 24 hours, funding within days, and you can still get approved even if your business is showing a loss on your tax return. Advantages of choosing an Unsecured Business Loan over conventional financing are: Flexibility - Alternative lenders realize not every business owner will fit within the conventional guidelines. With alternative lending, the underwriting is flexible. Poor credit, tax liens, and even recent bankruptcies may be overlooked if there are solid compensating factors to your business. Time in business, cash flow, and consistent sales can also be used as compensating factors. Fast - No longer do you have to wait weeks to get approval from your conventional bank. These types of loans are FAST! You can usually receive an approval within 24 hours and fund your deal within 2-3 business days. Dependable - You get honest professional business advice. National Business Capital has a 90% approval rate. There are no upfront costs to get approved, and millions have been lent to business owners nationwide. 4

5 Equipment Leasing and Financing National Business Capital finances almost every type of equipment within the medical industry. We will work with you to finance new or used equipment or purchase inventory in anticipation of your practice/business growing. We offer a comprehensive package of equipment loans, ranging from month terms, as well as a 10 year financing option for more extensive manufacturing equipment. Equipment Financing Options Include: 1. Flexible Terms Year Repayment Options 3. Great Tax Benefits 4. Purchase Equipment from Vendor of Your Choice The majority of our clients were denied equipment loans from traditional banks prior to contacting us. National Business Capital has a 90% approval rate and ability to grant the means for equipment leasing to our clients. 5

6 Business Line of Credit National Business Capital s Business Line of Credit gives you the flexibility needed to access funds quickly and conveniently. Our business financing is an excellent tool that is designed to meet the specific needs of your practice. One of its best features is that you only pay for what you use. Even if you do not have an immediate need for funding, a line of credit is always smart to have for emergencies or for when an incredible opportunity arises. Business Line of Credit Features: 1. Only Pay for What You Use 2. Fast Approval Process 3. Limited Paperwork 4. Not Based on Personal Credit Business owners have been taking advantage of our loans for discounts on bulk purchasing, short-term cash flow, fast access to working capital, slow account receivables, exciting business opportunities with only a brief window to execute and to pay their taxes in a timely fashion. Improve your cash flow, borrow according to seasonal needs and eliminate the stress of time gaps between capital needs and revenue realization with our convenient business line of credit. 6

7 Commercial Mortgage Financing Commercial Mortgage loans differ from residential mortgages as they are primarily used for commercial real estate, as opposed to single family homes. Commercial Mortgage Financing can be used for various ventures, developments, investments and construction projects. This type of financing provides both fixed and floating rate loan programs. A Commercial Mortgage can grant the freedom needed to buy a new building or release equity from an existing ownership. It can also involve purchasing the premises of a business or an extension of the existing premises. National Business Capital s Commercial Mortgages have been designed especially for individuals or companies who want to purchase or refinance properties. Most common commercial mortgages operate via the rules of a fixed-rate loan wherein the interest rate remains the same throughout the term of the mortgage. These often have a fixed period of 3-10 years. National Business Capital has helped companies all over the country get back on course, not only by helping business owners improve existing business, but also expand it! 7

8 SBA Loan Whether you re looking to expand your practice, purchase or refurbish equipment, take on real estate or refinance an existing mortgage, a Small Business Administration (SBA) loan through National Business Capital can help your company grow. An SBA loan has been the answer to many cash-flow issues that successful businesses have had. This business loan is guaranteed in part by the U.S. Small Business Administration and can offer certain benefits which are not available with other types of loans. These loans can be used for a wide range of purposes and are often utilized in order to support owner-occupied commercial property, maintain or purchase new equipment, use for working capital, purchase furniture or fixtures, conduct leasehold improvements, and be used for start-up capital. National Business Capital s partner SBA Loans are available for: Commercial Real Estate Purchases and Refinances Partner Shareholder Buy-Outs Business Expansion Acquisitions Furniture and Fixture Machinery & Equipment Franchise Purchases Professional Practice Start ups 8

9 BONUS MATERIAL Example of How You Can Use Our Financing to Expand Your Practice and Increase Annual Profits! How our Financing has Helped Dentists Expansion: Additional Operatory Loan Amount: $100,000 Use of Funds: Based Upon National Averages and Industry Advisors, $100,000 is a Generous Estimate Regarding the Cost to Construct and Equip a New Operatory. Sales Increase Breakdown: An Operatory will produce $5,000 in Daily Sales (Above Based Upon Industry Standards and Information Provided by a Dental Advisor) $5,000 in Daily Sales - $3,500 Overhead (70%) = $1,500 in Additional Daily Profit $1,500 in Additional Daily Profit x 4 Days Per Week x 78 Weeks (18 Months) = $468,000 in Additional Profit Annually By Adding an Additional Operatory 9