Revenue-based financing

Revenue-based financing for clinics: expansion without fixed instalments.

Dental, physiotherapy, chiropractic, optometry and other clinics have steady demand. A revenue-based advance funds equipment or expansion and follows settlements.

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How can a health clinic use revenue-based financing?

Short answer: Clinics have steady patient demand but uneven cash: some revenue is paid at the visit, some is billed to insurers and paid weeks later and some comes from public or third-party programs. A revenue-based payment that is a share of deposits handles that unevenness better than a fixed instalment.

Key facts

Steady demand, uneven settlements
Insurer and program payments lag
Payments follow deposits
Suits expansion and equipment

Steady demand, uneven settlements

Clinics enjoy steady patient demand, but their cash does not always arrive evenly. Some revenue is paid by patients at the visit, some is billed directly to insurers and paid days or weeks later, and some comes through public or third-party programs on their own timetables. A repayment that is a share of deposits handles that unevenness better than a fixed instalment.

Clinic owners also face large one-time costs: imaging equipment, a new operatory, a renovation or the months before a new practitioner's schedule fills.

What a reviewer reads

Patient card payments and insurer settlements.
Practitioner pay structures, which can scale with billing.
Existing equipment leases.
Rent and staffing.
The number of practitioners and rooms.

The review uses business bank statements only. No patient information is needed or requested.

Uses that fit

Diagnostic or treatment equipment.
Adding a room or practitioner.
Renovations and accessibility upgrades.
Practice-management software and billing systems.

Comparing options

For a single large machine, equipment leasing may be cheaper over a longer term. For a mix of costs, or when speed matters, a revenue-based advance is simpler. Some clinics combine a lease for the machine with an advance for the build-out and ramp-up.

A worked example

Illustrative arithmetic: a dental clinic with $140,000 monthly deposits

Advance: $70,000. Repayment cap: $70,000 × 1.18 = $82,600.
Cost of the capital: $12,600, fixed in dollars from the start.
Payment: 6% of monthly revenue. At $140,000 a month that is $8,400, so about 9.8 months to reach the cap.

Every figure on this page is illustrative arithmetic in Canadian dollars. It is not an offer, a quote or a promise of approval.

Where Canadian files usually start

Monthly revenueTypically from around $20,000 a month in deposits for Canadian files. The exact line varies by funder and by file.

Time in businessTypically about 12 months. Newer businesses can be reviewed, but the options narrow.

Account healthLimited low-balance or negative days. Funders read the last few months of bank statements for this.

CreditScores from 500 are considered. A score of 600 or higher opens more options and better offers.

DocumentsA signed application and recent business bank statements, typically the last four months.

Existing advancesFiles with an existing advance can be reviewed, including second position.

Next step: apply once with a signed application and your last four months of business bank statements. The file is read for rBF for health clinics and matched to the structure that fits, whether that is revenue-based financing, a merchant cash advance or a smaller first advance that builds history. Questions first? Call (305) 384-8391.

Sources and review

Statistics Canada: Subjects (business and industry data)

Reviewed by the Merchant Fund Express team on October 12, 2026. Official pages checked as of that date.

Common questions

Do insurer payments count?

Yes. Settlements deposited to the business account are read as revenue.

Do you need patient records?

No. Only business bank statements and a signed application.

Can a new clinic apply?

A clinic with several months of deposits can be reviewed, with fewer options than an established one.