Medical Practice Loans in Hollywood, FL

You need capital to expand your medical practice, but your balance sheet looks different from a retail shop or restaurant.

Why Hollywood Medical Practices Face Unique Funding Challenges

Hollywood sits between the aging Hallandale Beach population and the young families moving into Plantation and Cooper City. That demographic mix drives demand for everything from pediatrics to cardiology to dental implants. But traditional lenders often balk at medical practice financing because they see long reimbursement cycles, high malpractice premiums, and expensive diagnostic equipment as risks rather than standard operating realities.

Medicare and commercial-insurance payments can stretch 30 to 60 days. Your largest asset, accounts receivable, doesn't show up as "cash" on a standard balance sheet. Equipment financing for an ultrasound or digital X-ray system requires underwriters who know the difference between a depreciating food-truck oven and an appreciating piece of diagnostic capital. Most community banks in Broward County don't have that lens. We broker to lenders who do.

Loan programs

Which Loan Programs Fit Medical and Veterinary Practices

We also arrange business lines of credit for practices that need flexible access to cash during slow summer months or after hurricane-related patient cancellations. Commercial real estate loans apply when you're ready to buy the building you've been leasing on Federal Highway or Johnson Street. Veterinary practice loans follow similar structures, receivables, equipment, and real estate, but lenders price them slightly differently because pet-care revenue doesn't flow through insurance networks the same way human medicine does.

SBA 7(a) Loans

work well for practice acquisitions, build-outs, and major expansions because the guarantee reduces lender risk and terms stretch to 10 or 25 years. Equipment financing covers diagnostic machines, dental chairs, surgical lasers, and IT infrastructure with payment schedules that match useful life.

How Croftbrook Capital Helps Physicians and Healthcare Providers

We don't lend. We broker. That means we match your practice's financial profile to lenders who specialize in physician practice financing, dental groups, chiropractic offices, and veterinary clinics. We know which lenders will accept 1099 contractor hygienists, which will finance a mobile ultrasound unit, and which will look past a single late quarter when you were ramping up a new Aventura satellite office.

You tell us what you need capital for. We assemble your receivables aging report, equipment quotes, lease agreements, and payer mix. Then we present your file to lenders who already understand that a 40-day reimbursement cycle is normal, not a red flag. Our office is at 2500 Hollywood Blvd, Hollywood, FL 33020, a ten-minute drive from Memorial Healthcare on Sheridan Street. Call us at (954) 250-9748 and we'll walk through your numbers in plain language.

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For more options across Hollywood and nearby Pembroke Park, Dania Beach, West Park, and Davie, visit our Hollywood, FL business loans city hub. We also serve the broader region detailed on our Service Areas page.

Related programs

Other ways we can help

Serving the Hollywood area

Local guidance across Hollywood, FL

Croftbrook Capital in Hollywood, FL

We know which lenders fund which kinds of Hollywood businesses, and we position your file where it fits.

One local broker, many lenders, and no cost to apply.

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Common questions

Common questions about business loans in Hollywood

Can I get an SBA loan for medical practice acquisition in Hollywood?+
Yes. SBA 7(a) loans are commonly used to buy an existing practice, covering goodwill, patient charts, and equipment. The seller often holds a small standby note, and the SBA guarantee makes banks more comfortable with intangible assets like patient lists and referral relationships.
How does medical receivables financing work for a busy clinic?+
You submit outstanding insurance claims to a factoring company. They advance 70-90 percent of the invoice value within days. When the insurer pays, the factor releases the reserve minus a small fee. It's faster than waiting six weeks for Aetna or United to process claims.
Do veterinary practice loans require different documentation than physician loans?+
Mostly the same, tax returns, profit-and-loss statements, receivables aging, equipment lists, but lenders examine client retention and average transaction size more closely because pet owners pay out-of-pocket or through wellness plans, not traditional insurance networks.
What equipment can I finance for a dental practice in Hollywood?+
Digital X-ray sensors, CEREC milling units, sterilization autoclaves, patient chairs, practice-management software, even lobby renovations. Lenders typically finance 100 percent of the invoice and structure payments over three to seven years, matching the equipment's useful life.
How long does it take to close a medical practice business loan?+
SBA 7(a) loans take four to eight weeks. Equipment financing can close in two weeks. Medical receivables financing often funds within five business days once contracts are signed. Timeline depends on documentation completeness and lender workload.
Will a lender count my insurance receivables as collateral?+
Many will, especially lenders experienced in healthcare. They verify payer mix, aging reports, and denial rates. Clean receivables from Medicare, Blue Cross, or Cigna carry more weight than high-deductible patient balances that may never collect.
Can a new physician just out of residency qualify for practice financing?+
It's harder but possible. Lenders want to see an employment agreement, a partnership track, or a signed lease. Some programs designed for new physicians accept lower down payments and consider future earning potential, especially if you're joining an established Hollywood practice.
Do I need to put my home up as collateral for a medical practice loan?+
Not always. SBA loans require personal guarantees from owners holding 20 percent or more equity, but many deals close with business assets, equipment, receivables, real estate, as primary collateral. Lenders evaluate each case individually; we help you find the least invasive structure.

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