SBA 7(a) for Healthcare
General purpose up to $5M. Medical equipment, working capital, refinance, acquisition, real estate.
- Up to $5M
- 10 yrs WC / 25 yrs RE
- Prime + 2.25–4.75%
- 45-90 day timeline
WESTVALVE FINANCIAL • SBA LOANS FOR HEALTHCARE
SBA Loans for Healthcare Practices.
7(a), 504, Express, Microloan — medical equipment, practice acquisition, real estate, working capital. Medical-specialized SBA lenders who understand your practice.
No obligation to explore your options. Financing is subject to provider approval and program requirements.
WESTVALVE FINANCIALHEALTHCARE SBA LOANS
RATES AS LOW AS PRIME + 2.25%
Government-backed capital for care.
Lowest rates. Longest terms. Highest amounts. We match you with SBA-approved providers who specialize in healthcare.
SBA LOANS FOR HEALTHCARE
Four programs. Built for healers.
Healthcare has unique financing needs — medical equipment, practice acquisition, real estate, working capital. We match you with SBA-approved providers who specialize in healthcare.
SBA Express
Same uses as 7(a) but faster. 36-hour SBA decision, funding in 7-14 days.
- Up to $500K
- 7 yr revolving / 10-25 yr term
- Prime + 4.5–6.5%
- 36-hour SBA decision
SBA 504 Loan
Medical real estate & heavy equipment only. 50% bank / 40% CDC / 10% equity.
- Up to $5.5M
- 10, 20, 25 yr fixed
- Fixed, below market
- 60-90 day timeline
SBA Microloan
Startup-friendly. Up to $50K through nonprofit intermediaries.
- Up to $50K
- Up to 6 years
- 8-13% (intermediary sets)
- 30-90 day timeline
HEALTHCARE-SPECIFIC ADVANTAGES
Why SBA works for healthcare.
01
Medical Equipment as Collateral
504 loan uses medical equipment as collateral — 10% down, 25-year fixed rate on imaging, surgical, dental equipment.
02
Practice Real Estate
504 & 7(a) finance owner-occupied medical offices — 10% down, 25-year fixed, 51%+ occupancy.
03
Practice Acquisition
7(a) finances practice buy-ins, partner buyouts, mergers — up to $5M, 10-year terms.
04
Recurring Revenue Strength
Insurance contracts, capitation, recurring patients = strong DSCR. Lenders value predictable healthcare cash flow.
PROGRAM MATCH
Pick the right program for your practice.
| Need | Best Program | Why |
|---|---|---|
| Medical equipment (imaging, surgical, dental) | SBA 504 | Equipment = collateral, 10% down, 25-yr fixed |
| Medical office purchase/build-out | SBA 504 | Owner-occupied RE, 10% down, 25-yr fixed |
| Practice acquisition / partner buyout | 7(a) Standard | Up to $5M, general purpose, 10-yr term |
| Working capital / cash flow gaps | 7(a) or Express | General purpose, revolving line option |
| Startup / de novo practice | Microloan | Up to $50K, startup-friendly |
| Speed needed (< 2 weeks) | SBA Express | 36-hour decision, up to $500K |
REQUIREMENTS
What healthcare practices need to qualify.
Credit Score
- 7(a)/504: 680+
- Express: 650-680+
- Microloan: 620+
Time in Practice
- 7(a)/504: 2+ years
- Express: 1-2+ years
- Microloan: Startup OK
Profitability
- 7(a)/504: Profitable
- Express: Profitable preferred
- Microloan: Path to profit
Healthcare-Specific
- Professional license(s)
- Malpractice insurance
- Insurance contracts
- Clinical experience
DOCUMENTS
What you need to apply.
SBA Forms
- Form 1919 (Borrower Info)
- Form 413 (Personal FS)
- Form 912 (if applicable)
Financials
- 3 yr business tax returns
- 3 yr personal tax returns
- YTD P&L + Balance Sheet
- Debt schedule
Healthcare-Specific
- Professional license(s)
- Malpractice insurance
- Insurance contracts (PPO, HMO)
- Clinical CV/experience
Project-Specific
- Equipment: Vendor quote
- RE: Contract, appraisal, Phase I
- Acquisition: Purchase agreement
GET STARTED
Let's find your healthcare SBA loan.
Tell us about your practice — equipment, real estate, acquisition, or working capital. We'll match you with SBA-approved providers who specialize in healthcare.
FAQ
Questions about SBA for healthcare.
Can healthcare practices get SBA loans?
Yes. Healthcare is an eligible industry for all SBA programs. Medical practices, dental practices, veterinary clinics, chiropractic offices, and specialty clinics all qualify. The key is demonstrating profitability, 2+ years in business, and 680+ credit for standard 7(a)/504 programs.
Which SBA program is best for medical equipment?
SBA 504 is ideal for expensive medical equipment (imaging, surgical, dental) — the equipment is the collateral, 10% down, 25-year fixed rate. SBA 7(a) also works for medical equipment up to $5M with 10-year terms. Equipment financing through SBA often beats conventional medical equipment loans.
Can SBA loans finance medical practice acquisition?
Yes. SBA 7(a) is commonly used for practice acquisitions — up to $5M, 10-year terms. The practice's cash flow supports repayment. Lenders look for stable patient base, recurring revenue, and transition plan. SBA Express can work for smaller acquisitions under $500K.
Can SBA loans finance medical practice real estate?
Yes. SBA 504 is purpose-built for owner-occupied medical real estate — up to $5.5M, 10-25 year fixed rates, 10% down (15% for special use). 7(a) also finances medical real estate up to $5M with 25-year terms. Owner must occupy 51%+ for 504, 60%+ for 7(a).
What credit score do healthcare practices need for SBA loans?
Standard 7(a)/504: 680+ personal credit. SBA Express: 650-680+. Microloan: 620+. Strong cash flow, recurring revenue (insurance contracts), and clinical experience can offset 650-679 scores. We've seen 650-679 approved with stable insurance contracts and 3+ years experience.
Can SBA loans finance medical practice startup costs?
Yes, but harder. SBA Microloan program (up to $50K) is designed for startups. Standard 7(a) requires 2+ years in business typically. Some lenders do 7(a) for de novo practices with strong business plan, clinical experience, 20-30% equity injection, and projections. SBA Express may be more accessible.