Funding for your situation
The real cost of adding a exam room, what funders look at, and a worked example using illustrative figures.
✓ Checking what you qualify for does not affect your credit score.
A new exam room is easier to justify than a new location, and easier to underfund. A new provider is credentialed, but the exam room is not built out. The purchase, the people and the first weeks of ramp-up all land at once.
Merchant Fund Express is a funding marketplace: you apply once, and the file is matched to the structure that fits it. The sections below show what this situation usually costs, how a funder reads it, and what to prepare.
A medical practice file is read through receivable timing from payors, credentialing status for new providers and equipment already financed.
Insurance and self-pay mix, with remittances arriving weeks after the visit. A reviewer sees that pattern in the statements before reading a word of the application.
Equipment is part of the picture. A failure such as a ultrasound repair or a refrigeration for vaccines can run $5,600 to $5,600 and interrupt revenue while it is down.
The documents that usually matter most for a medical practice are equipment or build-out quote and accounts receivable aging, alongside the bank statements.
A fixed purchase with a quote you can put in front of a funder.
A real cost of the move that is easy to leave out of the first estimate.
People are paid on a schedule that does not wait for new revenue to ramp.
Bought ahead of the first sale and sitting as cash until it turns.
| Cost item | Illustrative amount |
|---|---|
| Exam table and equipment | $9,000 |
| EHR and billing setup | $6,000 |
| Medical assistant hire and training | $7,000 |
| Supplies and starting inventory | $3,500 |
| Cushion for overruns and slow early weeks (about 10%) | $2,500 |
| Funding need for one more exam room | $28,000 |
Sizing check. If the full repayment shown in an offer were $36,000 over about 26 weeks, the weekly debit would be about $1,385. Against illustrative monthly deposits of $45,000 (about $10,385 a week), that is roughly 13% of weekly deposits. Your own offer states the real repayment amount in dollars; run your numbers on the factor rate calculator before you accept anything.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
These are the same factors described on revenue and deposit requirements and time in business. Merchant Fund Express walks you through how your own file reads before you apply.
A complete file is what makes a same-day decision possible. If something is missing, tell us and we will work around it.
Merchant Fund Express gives a same-day decision on a complete file, and funding is typically the next business day after signing. The quote or bill of sale for the exam room is the document that usually moves things along.
It can be either. If the purchase is a single asset with a quote, equipment financing may fit; if you also need payroll and supplies for the ramp-up, working capital covers the whole package.
Often yes. A used purchase can shorten the payback, and a quote or invoice from the seller is what the file needs.
The minimum FICO is 500, and better credit means better products and terms. See credit score requirements for how the tiers work.
Merchant Fund Express gives a same-day decision on a complete file. Applying takes a few minutes and will not affect your credit score.
