Business Financing & Merchant Services
Looking for a cold-start loan, new equipment loan, or merchant and patient financing options to help make your business a success? Get the lowest rates with our group corporate discount!
Lowest average rates offered by our partners, calculated based on the current prime rate of 7.50%. Updated April 2025.
| Healthcare (SBA) | ||||
|---|---|---|---|---|
| Average Rate: 5.05% | Average Rate: 4.85% | Average Rate: 6.5% | Average Rate: 5.12% | Average Rate: 7.50% |
| APR Range 4.62-5.50% | APR Range 4.75-5.75% | APR Range 7.25-9.5% | APR Range 5.10-5.75% | APR Range 6.25-9.00% |
Cold-Start | Business Loan | Express Equipment | Commercial Real Estate
No matter where you are in the growth of your practice, it’s important to choose the right financing. At Bank of America Practice Solutions, we’ve been helping medical professionals achieve their goals for more than 20 years.
Our all-inclusive financing covers all of your needs — from office design and equipment installation to training, supplies and even working capital. We offer the following types of loans:
ODoF Cold Start Loan (non-SBA)
- ✅ 450k - 575k for a max loan amount.
- ✅ No personal tax returns required for submission.
- ✅ Only 2 years minimum time licensed now.
- ✅ Better revenue projections for easier approvals.
- ✅ Possible Household guarantors required based on personal financial background
Established Optometrist Loan: Up to $5 Million
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✅ Practice Purchase Loan
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✅ Express Equipment Loans & Upgrades
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✅ Commercial Real Estate (Conventional and SBA) + Flexible Terms 7-20 Years
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✅ Renovations | Expansion Additional Locations
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✅ Merchant Services Directly by BofA.
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✅ Primarily all our loans are conventional financing, but we also offer SBA financing if needed (conventional financing offers lower rates & faster closing)
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✅ Flexible terms on loans between 7 – 20 years with industry low rates
Special Promo For Conventional Owner-Occupied Commercial Real Estate
- ✅ 1% Origination Fee WAIVER on all
- ✅ 5 years Prepayment option
- Loans must BOOK/Funded by April 30, 2025 (next year)
Location Requirements: Eligible in all States
📧 Mike Smith | Michael.Smith-11@Bofa.com | CALL/TEXT (480)-486-8912
Business Loan | Express Equipment | Commercial Real Estate
What does US Bank Practice Finance do:
Practice Loan: Up to $3.5 Million (No Cold Start)
- ✅ Acquisition Financing:
Goodwill | Accounts Receivable | Equipment | Patient Records | Working Capital - ✅ Practice Buy In or Buy Out:
Partner Buy Out | Becoming a Partner - ✅ Practice Finance of Projects:
Existing Practice | New Location | Business Expansion | Relocation - ✅ Refinance of Practice Debt:
Lower Interest Rate | Increase Cash Flow | Consolidate current practice debt
Features:
- ✅ Competitive fixed and adjustable rates that are lowest in the industry
- ✅ Practice loan terms available up to 15 years
- ✅ Up to 100% financing available
- ✅ Up to six-month interest-only programs
- ✅ Various prepayment options available
- ✅ Ability to address a full range of practitioner financial needs with U.S. Bank products offered through local branches and a dedicated Healthcare Relationship Manager assigned to you
- ✅ Loan amounts up to $3,500,000
- ✅ Commercial real estate (Conventional and SBA) with flexible terms of 5 – 25 years
Location Requirements: Eligible in all States
📧 Peymon Kalantar | Peymon.kalantar@usbank.com | CALL /TEXT 619-517-1975
Cold-Start | Business Loan | Project Loans | Equipment | Commercial Real Estate | Debt Refinance/consolidation
Solutions to Manage & Grow Your Optometry Practice. We’re specialists, just like you. While you keep your patients healthy, we are here to help keep the financial side of your optometry practice healthy. We offer fresh insights, intelligent advice, and innovative practice solutions to help optometrists start, run, and grow their practices.
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A single point of contact throughout the loan process.
Optometrist Loan: Up to 100% financing, Up to 10-year terms to help cash flow, Deferred and interest-only payments
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✅ Practice acquisition
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✅ Project loans
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✅ Start-up loans
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✅ Debt refinance & consolidation
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✅ Equipment financing
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✅ Real estate loans
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✅ Practice management solutions (Banking/Credit Card, Merchant services, remote deposit capture, Payroll services, online & mobile banking)
Location Requirements: Eligible in all States
📧 Linda Childress | Linda.Childress@huntington.com | Call/Text 405-625-6088
