Funding for your situation
How funding works for a medical practice in its first months and a short file, and what to build before you apply.
✓ Checking what you qualify for does not affect your credit score.
A new medical practice owner has a short file by definition. Funders weigh time in business, deposits and credit, and the first two are still being written. A new provider is credentialed, but the exam room is not built out.
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.
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.
| Item | Value |
|---|---|
| Months of business deposits so far | 3 |
| Average monthly deposits (illustrative) | $60,000 |
| A modest first request (illustrative) | $36,000 |
| Minimum FICO considered | 500 |
| Typical documents needed | 3 |
How it is read. A new medical practice file is judged on how the deposits behave and how the request sits against them. See time in business and funding with a new owner.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
Business income flowing through a business account.
The single most useful thing to build.
Sized to deposits and tied to a use.
State licensure and insurance in place.
A complete file is what makes a same-day decision possible. If something is missing, tell us and we will work around it.
Sometimes, depending on deposits and the size of the request. Merchant Fund Express gives a same-day decision on a complete file; the minimum FICO is 500.
Often a few more months of clean deposits make the same request easier and cheaper. We can tell you where the file stands today.
The seller's history helps the plan, but the review is built on your file. See funding with a new owner.
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.
