SBA Loans for Physicians & Medical Practices
25,641 SBA loans have funded physicians & medical practices nationwide, averaging $452K across 1,293 active SBA lenders, at an average note rate of 6.9%. SBA 7(a) loans up to $5M fund acquiring an established medical practice and owner-occupied medical office real estate; SBA 504 loans cover owner-occupied real estate and equipment with as little as 10% down. PeerSense reads this lending history and matches you to the lender most likely to fund a medical practice.
Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
Source: SBA 7(a) and 504 loan records (NAICS 621111), 2000 to present.
25,641
SBA Loans Funded
$452K
Average Loan
6.9%
Avg Note Rate
13 yrs
Avg Term
1,293
Active Lenders
7.1%
Charge-Off Rate (resolved-loan basis)
What physicians & medical practices use SBA loans for
Where physicians & medical practices get SBA financing
| State | SBA Loans | Capital Deployed |
|---|---|---|
| California | 4,563 | $2.8B |
| Texas | 2,579 | $1.3B |
| Florida | 2,361 | $1.2B |
| New York | 1,958 | $707.6M |
| Arizona | 1,148 | $586.5M |
SBA lenders active with physicians & medical practices
Ranked by real SBA funding activity in California, the top state for physicians & medical practices. PeerSense routes your deal to the lender most likely to approve and price it. You work with us, not a call list.
Get matched to an SBA lender for a medical practice.
Tell us your loan amount and use of funds. We route you to the lender most likely to fund a medical practice, anywhere in the US.
SBA 7(a) / 504, Physicians & Medical Practices: Response within 24–48 hours. No obligation.
How physicians & medical practices qualify for an SBA loan
SBA 7(a) loans are the most common path for physicians & medical practices financing acquiring an established medical practice. 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 25,641 loans on record across 1,293 lenders and a 7.1% historical charge-off rate, physicians & medical practices 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 routes your deal to the lender most likely to approve and price it, then stays with you through closing.