San Diego Physical Therapist Funding

Easy Financing for Physical Therapists in San Diego, CA

Physical therapists have serious earning potential by establishing their own practices, offering rehabilitative services that no one else can. However, opening and running a practice is demanding on your personal finances, leaving practitioners with no option but to turn to banks and traditional lenders for funding. Applying for funding through these outlets can take months, while you lose out on potential patients in need of immediate attention.

Fidelity Advance knows the financial difficulties faced by physical therapists, and we offer expeditious, convenient funding solutions to meet your business needs. Our financial advisors have a deep passion for helping small businesses prosper, offering different types of financing tailored to you.

What Kind of Funding is Right For You?

A variety of financial challenges necessitates a variety of financial solutions. Our financial advisors will provide wholly transparent consultation so that you can provide top-notch care for your clients. At Fidelity Advance, we can arrange:

• Equipment loans. You may need expensive equipment to meet the needs of your clients, such as treatment tables, diagnostic instruments, and treadmills. After a small initial down payment, you can quickly secure the equipment you need, and eventually own it by paying it off in monthly increments.
• Term loans. Opening a physical therapy clinic can come with sizable upfront costs. Getting a term loan can cover the cost of a building or certain specialized equipment. Depending on the size of the loan, you could have months or years to repay it.
• Merchant cash advances (MCAs). If your physical therapy clinic has the potential for high revenue, a merchant cash advance is a great way to cover short-term costs that cannot be put off. In a MCA, you are given a lump sum upfront to cover an expense (such as building expenses, rent, etc.) that is paid back as a percentage of the revenue you earn.
• Business line of credit. For physical therapists who are constantly working with patients, the wear-and-tear and breakdown of equipment is inevitable. A business line of credit is a great way to handle numerous small expenses while protecting your bottom line, provided you have a good credit score.
• Small Business Administration (SBA) loans. An SBA loan is backed by the federal government, allowing small business owners with lower credit scores to take out higher loans with less strict repayment deadlines. In these arrangements, the US Small Business Administration takes responsibility if the borrower cannot pay back the loan, making it a safer prospect for some institutions to lend the money.

The Benefits of Working with Fidelity Advance

A small business has to fight an uphill battle just to get off the ground and stay afloat. Traditional lenders will often fail to get you the financial support you need on time. At Fidelity Advance, we can give physical therapists a helping hand with our streamlined applications for funding, saving you days, if not weeks than if you were to get a loan from a bank. Our funding options also come at no penalty to your credit score, allowing you to focus on your practice without worrying about whether you can finance a home or a car.

Contact a San Diego, CA Physical Therapist Funding Advisor Today

Physical therapists play a vital role in protecting the health of an aging population, and Fidelity Advance is more than happy to support the growth of your physical therapy practice with a smart funding solution. We can help you determine what kind of financing is best for your business, whether you need a lump sum payment or a reliable line of credit. If you have any questions, contact our funding advisors at 888-316-2246 or reach out to us online.