Industries we fund · Medical & Dental Practices
Working capital for medical practice businesses
Practices carry a cash-flow quirk: strong revenue on paper, slow insurance reimbursements in the bank. Equipment, staff, and buildouts cannot wait on a payer 45 days out.
Clearwater places medical practice files with funding partners that already know the industry: $10K to $2M, sized off your real bank deposits, with no hard credit pull to apply. Searching for medical practice business loans? What we place is revenue-based funding - an advance repaid out of daily deposits - and this page explains exactly how it prices so you can compare honestly.
How funders read a medical practice file
Practice files are among the strongest in the book: recurring insurance and patient deposits, low default history as an industry, and clear seasonality (dental slows late summer; many practices dip in December). Funders price them accordingly - practices frequently see the top of the 0.5x-1.4x monthly-revenue band. Reimbursement lag is understood; what matters is the deposit rhythm across the trailing months, not any single week.
What medical practice businesses use the capital for
- Equipment purchases - imaging, chairs, sterilization
- Buildout or expansion of operatories
- Bringing on an associate ahead of the revenue they generate
- Marketing pushes for new patient flow
What the numbers look like
Most files support roughly half to 1.4 times monthly bank deposits - where a file lands depends on deposit consistency, time in business, and existing positions. As an illustration only: a medical practice business depositing $50,000 a month might see an advance around $45,000, repaid as about $283 per business day until a fixed $59,400 is paid. The total is fixed on day one - it never compounds or grows - and most deals carry prepayment discounts, shown with your offer.
| Advance range | $10,000 - $2,000,000 |
| Monthly revenue floor | $10,000 in business deposits |
| Time in business | 6+ months |
| Credit | Cash flow weighs more - scores from 450 workable |
| To apply | No hard credit pull. 4 months of statements + month to date |
Medical & Dental Practices funding questions
Do slow insurance reimbursements hurt my application?
No - funders underwriting practices know reimbursement lag is structural. Your trailing deposit pattern is the signal, and payer deposits read as high-quality revenue.
Is this a fit for a new practice?
Six or more months of operating history is generally the floor. A younger practice with strong deposits can still qualify - the file just prices more conservatively.
Will applying show up on my credit?
Applying involves no hard credit pull. Credit checks come later, during final underwriting, under the authorization you sign.
See your number, not a sales pitch
Two minutes, no hard credit pull, and the estimate is sized off your real deposits.
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