Purchasing a Commercial Condo
Are you ready to purchase a commercial condo for your medical practice? A commercial condo offers a variety of benefits for medical entrepreneurs in private practice or partnerships. Unlike other types of real estate, where up to 35% of the property cost must be put down in cash, medical professionals can purchase a commercial condo […]
What Is Practice Succession Planning?
Practice succession planning is needed whenever a physician, whether it’s you, a partner, or a colleague, decides to leave your medical practice.
Overhead Business Expenses
If you are in solo practice, this type of insurance is especially important to have. If you were injured or became ill tomorrow,
Capital Funding Lenders
When traditional loans or lines of credit are not enough to meet the financial needs of your medical practice, it may be time to think about capital funding. Capital funding lenders offer medical professionals customized funding options that are accessible in a short amount of time. Capital funding can offer more flexible payment terms and […]
How To Choose A Merchant Processor
Choosing the right merchant processor for your medical practice will help you save money, ensure smooth electronic transactions, and provide your patients with an optimal customer experience. But not all merchant processors are created equal. A processor that specializes in high-volume hospitals may not be the right choice for a small doctor-owned practice or medical […]
Leasing Medical Equipment
Leasing medical equipment is a fantastic option for many new and growing medical practices. Leasing allows you to instantly access the equipment and tools you need by paying a monthly rental fee for their ongoing use. Many companies offer physicians equipment and tool rentals as well as the financing they need to obtain those rentals. […]
How to Find a Medical Accounting Firm
Working with a medical accounting firm will assure the financial health of your medical practice. But when you’re first starting out, how are you supposed to find the right accountant for you? With thousands of medical accounting firms to choose from, a quick search online is sure to overwhelm you with endless choices. Here is […]
What is Money Factoring?
How can your medical practice stay afloat when it takes 30, 60, even 120 days for your customers to pay? The truth is that until you’re running an established practice, it’s very difficult to maintain a positive cash flow. One way around this problem is a process called money factoring. Money factoring allows you
How to Choose a Medical Practice Lender for …
Your medical practice needs state-of-the-art equipment and a steady influx of working capital in order to stay competitive. With a wide variety of medical lending options to help you purchase equipment and maintain daily operations, it can be difficult to know how to choose the right medical practice lender. When considering how to finance the […]