Table of contents
Our team analyzed over a dozen providers using a proprietary scoring algorithm that prioritizes what practice owners actually need from a capital partner. The final rankings give medical practice owners a clear side-by-side comparison to match each provider to specific growth goals.
Our Ranking Algorithm
- Speed to Fund (30%): Time from application to capital in the account.
- Credit Score Flexibility (25%): Minimum credit requirements and overall approval accessibility.
- Maximum Loan Availability (25%): Highest available funding ceiling for practice growth.
- Underwriting Approach (20%): How applications are evaluated and structured into financing solutions.
Top Medical Practice Financing Companies: 2026 Comparison
| Rank | Company | Speed to Fund | Credit Score Flexibility | Max Loan Availability | Underwriting Approach |
|---|---|---|---|---|---|
| 1 | National Business Capital | 1-3 Days | None Required | $15M | Direct Underwriting + Advisor Review |
| 2 | BHG Financial | 3-5 Days | Not Disclosed | $500K | Proprietary Medical Underwriting |
| 3 | Live Oak Bank | Weeks | Not Disclosed | $15M (SBA) | SBA Bank Underwriting |
| 4 | TD Bank Healthcare Practice Solutions | Weeks | Not Disclosed | $12M | Regional Specialist Review |
| 5 | Provide (via Fifth Third Bank) | Days to Weeks | Not Disclosed | Varies | Digital Prequalification + Bank Review |
| 6 | U.S. Bank Practice Finance | Weeks | Not Disclosed | Varies | Specialist-Led Bank Review |
| 7 | Bank of America Practice Solutions | Weeks | Not Disclosed | $5M | Specialist-Led Bank Review |
| 8 | Wells Fargo Practice Finance | Weeks | Not Disclosed | Varies | Specialist-Led Bank Review |
Top Medical Practice Financing Companies: Descriptions & Reviews
1. National Business Capital
National Business Capital is a direct lender that works closely with capital providers in the healthcare industry to provide medical practices with the speed and flexibility that matches their funding needs. The lender has funded $3B+ over 18 years, and supports licensed healthcare professionals across every major practice specialty with loans from $250,000 to $15 million.
- Speed to Fund: Capital available in 1 to 3 days after approval
- Credit Score Flexibility: No minimum credit score required for approval
- Maximum Loan Availability: Loans from $250,000 to $15 million
- Underwriting Approach: Direct underwriting combined with personal advisor review
Customer Review Summary
Clients consistently praise National Business Capital's "personalized advisor support and fast, frictionless funding process." Common feedback highlights the "transparent communication and ability to fund businesses that other lenders declined."
2. BHG Financial
BHG Financial has served medical professionals since 2001, building a 25-year track record with $10B+ in healthcare loans funded and 80,000+ professionals financed. Its proprietary underwriting model caters exclusively to licensed healthcare providers, offering business loans of up to $500,000 with terms of up to 12 years.
- Speed to Fund: Approval in as little as 24 hours; funded in 3 to 5 days
- Credit Score Flexibility: Proprietary underwriting built exclusively for medical professionals
- Maximum Loan Availability: Business loans up to $500,000 with terms extending to 12 years
- Underwriting Approach: Proprietary underwriting model built exclusively for medical professionals
Customer Review Summary
Medical professionals consistently highlight BHG Financial's "seamless efficiency and outstanding customer service." Frequent feedback includes appreciation for the "easy, concierge-level process from application through funding."
3. Live Oak Bank
Live Oak Bank focuses exclusively on healthcare practice financing, with $1.5B+ in practice loans funded across a broad range of healthcare specialties. Its dedicated healthcare lending team specializes in SBA programs that support practice acquisition through commercial real estate development. Live Oak ranks among the top SBA 7(a) lenders nationally by loan volume.
- Maximum Loan Availability: SBA loans up to $15M for acquisitions, expansion, and commercial real estate
- Credit Score Flexibility: Healthcare-focused underwriting across medical, dental, and veterinary specialties
- Underwriting Approach: SBA-based underwriting through a dedicated healthcare banking team
Customer Review Summary
Practice owners regularly note Live Oak Bank's "industry-specialized team and deep SBA expertise." Reviews frequently highlight "healthcare-specific knowledge that simplifies practice acquisition financing."
4. TD Bank Healthcare Practice Solutions
TD Bank Healthcare Practice Solutions earned the Forbes Advisor Best of 2024 designation for medical business loans, offering financing up to $12 million with 100% coverage plus working capital. Its consultative approach pairs each practice with a regional specialist who manages the full financing process, from initial acquisition through commercial real estate. TD Bank serves primarily along the East Coast.
- Maximum Loan Availability: Up to $12M with 100% financing plus working capital included
- Speed to Fund: Relationship-based process guided by a dedicated regional specialist
- Credit Score Flexibility: Not publicly disclosed; reviewed by dedicated healthcare practice specialists
- Underwriting Approach: Regional specialist consultation with relationship-based review
Customer Review Summary
TD Bank clients frequently highlight its "consultative specialists and high-limit lending flexibility." Common feedback reflects appreciation for a "relationship-based approach that stands apart from standard bank lending."
5. Provide (via Fifth Third Bank)
Provide operates as a division of Fifth Third Bank, offering the healthcare industry's only fully digital financing experience. Practice owners prequalify in as little as two minutes with no credit impact, then manage the entire process through a secure borrower portal. Provide supports healthcare practices across every major specialty with financing solutions that cover every stage of growth, from startup through expansion.
- Speed to Fund: Prequalification completed in 2 minutes with no credit impact
- Credit Score Flexibility: No credit impact to check initial eligibility
- Underwriting Approach: Instant digital prequalification followed by full bank underwriting
Customer Review Summary
Healthcare professionals consistently praise Provide's "fast refinancing process and standout customer service." Reviewers commonly note the platform's "ease of use and speed compared to traditional bank lending timelines."
6. U.S. Bank Practice Finance
U.S. Bank brings over 100 years of healthcare industry experience to its practice finance division, supported by 75+ dedicated healthcare specialty bankers nationwide. Its programs support licensed healthcare professionals through conventional and SBA options, offering up to 100% financing with commercial real estate terms extending to 25 years.
- Maximum Loan Availability: Up to 100% financing with commercial real estate terms to 25 years
- Credit Score Flexibility: Not publicly disclosed; conventional and SBA options available
- Underwriting Approach: Specialist-led bank review backed by 100+ years of healthcare lending
Customer Review Summary
Practice owners highlight U.S. Bank's "dedicated local healthcare bankers and comprehensive service ecosystem." Reviews frequently mention the bank's "ability to serve both startup and established practices with consistent expertise."
7. Bank of America Practice Solutions
Bank of America Practice Solutions has served healthcare professionals for over 30 years, offering loans up to $5 million for practices across major healthcare specialties. Its dedicated practice specialists guide borrowers through a full range of loan structures, from 100% startup financing through SBA programs.
- Maximum Loan Availability: Loans up to $5M; 100% startup project financing available
- Speed to Fund: Specialist-guided application with standard bank processing timelines
- Underwriting Approach: Specialist-led bank review with 30+ years of practice lending experience
Customer Review Summary
Practice clients note Bank of America Practice Solutions' "experienced team and transparent acquisition financing process." Common feedback points to the "range of loan types and access to SBA programs through a single institution."
8. Wells Fargo Practice Finance
Wells Fargo Practice Finance serves healthcare professionals across major practice specialties with fixed-rate financing that covers every stage of practice growth. Its dedicated Practice Finance specialists provide guidance from initial application through expansion.
- Maximum Loan Availability: Up to 100% financing for startups, acquisitions, equipment, and commercial real estate
- Speed to Fund: Specialist-guided process from initial application through expansion
- Credit Score Flexibility: Not publicly disclosed; fixed-rate options available for predictable repayment
- Underwriting Approach: Specialist-led bank review with a dedicated Practice Finance team
Customer Review Summary
Clients value Wells Fargo Practice Finance's "fixed-rate financing clarity and accessible specialist support." Reviewers note appreciation for the "breadth of options from startup buildout through commercial real estate within a single institution."
Best for Speed and Flexible Qualifications
The companies below rank highest on funding speed and approval flexibility, making them best suited for practices that need capital quickly or face credit limitations.
Best for Healthcare-Dedicated Practice Financing
The companies below rank highest among providers that built their lending programs exclusively around the needs of licensed medical professionals.
Get a Copy of This Report
Download a PDF of this full comparison to share with your practice's financial team or advisors.
ABOUT THE AUTHOR
With over a decade in business lending, Josh leads National Business Capital’s advisor team as EVP of Finance. Having personally structured thousands of funding arrangements, he simplifies the lending journey and guides clients through approvals, capital stacks, funding timelines, and the key questions to ask before signing.
