If you need or will soon need practice financing, you’ve come to the right place. Fill out our short form below and we’ll get the quote process started for you.
What practice financing product would you like a quote for? (check all that apply)
What is Your Occupation Status Currently?
Program Sponsor / Institution
Program End Date
Do you know how much revenue you produce annually?
How long have you had your current job status? (student, owner, associate, etc)
What stage are you at in the practice financing process?
How soon do you hope to secure practice financing?
What size practice loan are you looking for?
How much cash savings do you have available for a down payment?
How many banks would you like quotes from?
Have you had any bankruptcies or short sales in the past 7 years?
Do you own all or part of a practice currently?
State of residency
Metro area you would like to practice in
Would you like to add any additional details?
You can also reach out to one of our practice banking partners by clicking on your state in the map below (or drop down if you’re on mobile). If you close on a loan with one of our partner lenders, we’ll give you a $500 bonus (the practice loan must be for $100,000 or more). Make sure to mention Student Loan Planner® sent you. Take note that one of Student Loan Planner’s partners is waiving application and origination fees for commercial real estate loans until January 13, 2022, so now might be an ideal time to check out the lenders listed below for your state.
You’ll notice each state has bankers that specifically deal with dental, medical, or vet med professionals. Make sure to contact the right one!
Limited Time Practice Finance Promotions and Bonus Details
To qualify for the $500 bonus, please let the local healthcare banker you contact know that Student Loan Planner sent you. Then email us with the contact button in the bottom right to let us know you applied.
Another note on eligibility: we can only honor this cash back deal if 1) the bank you contact is not already processing your application and 2) you do not currently have a practice loan with that bank.
Of course, the priority is getting a loan that accomplishes your goals in a timely fashion for a great interest rate. Let’s talk about what you’ll need to qualify.
When Are You Ready for a Dental, Veterinary, or Medical Practice Loan?
We see most successful prospective practice owners fit the following profile:
- At least 1 year of employment history
- $10,000 or more in cash savings
- No adverse credit events such as a bankruptcy or short sale within the past 7 years
- A history of revenue production at your current employer that supports your requested loan amount
It never hurts to reach out to at least 2 banks if you want to have a higher chance of securing the best pricing.
When to Start the Practice Financing Process
Practice financing is an involved process. The loan application is more difficult than applying for a mortgage or student loan refinance because each transaction is unique.
That’s why you want to reach out to a banker early in the process to:
- See if you can get preapproved if you have a target practice in mind
- Build a relationship so the banker can get to know you, and you can get to know them
Due to relationship oriented nature of practice financing, it pays to get information from a local banker in your area, even if you’re fairly early in the process.
Options for Acquisition, Practice Loan Refinancing, Real Estate and Project Financing
You can reach out to the bankers above about acquisitions, practice refinancing, real estate, and project financing.
So text, call, or email the banker for your state by clicking the map above, and please feel free to contact Student Loan Planner if you move forward in the process and want us to take down your info for eligibility for the $500 bonus for practice financing through our site.
Bank of America Practice Solutions Disclosure:
*All programs subject to credit approval and loan amounts are subject to creditworthiness. Some restrictions may apply. The term, amount, interest rate, and repayment schedule for your loan, and any product features may vary depending on your creditworthiness and on the type, amount, and collateral for your loan. Bank of America may prohibit use of an account to pay off or pay down another Bank of America account. Repayment structure, prepayment options and early payoff are all subject to product availably and credit approval. Other restrictions may apply. Products and restrictions are subject to change. Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. Bank of America Practice Solutions is a division of Bank of America, N.A. Bank of America, N.A. is not responsible for, and does not guarantee the services and/or products of Student Loan Planner, or any affiliate, subsidiary, or parent company of it. All logos and company names mentioned herein are the property of their respective owners. The $500 bonus is an offer of Student Loan Planner, and not of Bank of America, and Bank of America is not responsible for any conditions to receiving the bonus or payment of it.