Financing for medical practices
Because of declining reimbursement margins and clients that can be slow to pay many medical specialists find themselves in a bind when they need to purchase medical equipment, furniture, fittings or IT solutions.
With working capital on hand, you can have the financial flexibility to cover your day - to - day expenses like expanding your practice or covering gaps in cash flow.
We have your best interests at heart
Most lenders will ask for a personal guarantee before financing professional services such as physicians, but this is risky for the business owner. With lengthy approval processes and tedious paper work it can also mean that new business opportunities are missed.
At Lulalend, we want to help you cut through the red tape to get the working capital you need when you need it. Financing for doctors and medical professionals is available through our fast, easy, online application and only takes 8 minutes.
Accessing financing for your practice shouldn't be complicated or time consuming.This is why we've developed a way to get you financing for up to R1,000,000 in 24 hours.
Up to R1,000,000 line of credit | Choose a 6 or 12-month term | Qualify in 8-minutes