SBA Loans for Outpatient & Urgent Care Clinics
1,547 SBA loans have funded outpatient & urgent care clinics nationwide, averaging $374K across 390 active SBA lenders, at an average note rate of 7.6%. SBA 7(a) loans up to $5M fund opening or acquiring an outpatient or urgent care clinic and medical equipment and clinical build out; SBA 504 loans cover owner occupied real estate and equipment with as little as 10% down. PeerSense reads this lending history and sources capital for an outpatient clinic.
Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
Source: SBA 7(a) and 504 loan records (NAICS 621498), 2000 to present.
1,547
SBA Loans Funded
$374K
Average Loan
7.6%
Avg Note Rate
10 yrs
Avg Term
390
Active Lenders
12.5%
Charge Off Rate (resolved loan basis)
What outpatient & urgent care clinics use SBA loans for
Where outpatient & urgent care clinics get SBA financing
| State | SBA Loans | Capital Deployed |
|---|---|---|
| California | 211 | $113.6M |
| Texas | 158 | $67.9M |
| Florida | 156 | $80.4M |
| New York | 85 | $25.5M |
| Ohio | 51 | $10.8M |
Talk to PeerSense about SBA capital for an outpatient clinic.
Tell us your loan amount and use of funds. PeerSense sources capital for an outpatient clinic, anywhere in the US.
SBA 7(a) / 504, Outpatient & Urgent Care Clinics: The desk will reach out. No obligation.
How outpatient & urgent care clinics qualify for an SBA loan
SBA 7(a) loans are the most common path for outpatient & urgent care clinics financing opening or acquiring an outpatient or urgent care clinic. They run up to $5M, fund up to 90% of a project, and amortize over 10 years for a business purchase or up to 25 years when real estate is included. SBA 504 loans pair a bank loan with a CDC debenture for owner occupied real estate and heavy equipment, typically at 10% down.
With 1,547 loans on record across 390 lenders and a 12.5% historical charge off rate, outpatient & urgent care clinics are a well understood credit to SBA lenders, but not every lender is active in this profession or comfortable with its deal structure. PeerSense reads the lending history and sources capital through a curated network, then stays with you through closing.